A Bet on Humanity

copper mines are in short supply

March 2020… The world was descending into a chaotic fear. Markets were crashing, portfolios were in temporary ruin, and financiers had a firm grip on their wallets. I was in Toronto for the PDAC Conference, the biggest mining industry gathering on the planet, and the mood was somber. The countless dejected faces of promoters, mineral […]

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Panama Shuts Down First Quantum’s Cobre Copper Mine

First Quantum about to witness its Cobre copper mine be shut down

First Quantum Minerals (FM: TSX) is seeing its massive copper porphyry mine, the Cobre Panamá mine, put in jeopardy by the Panama government. One of the largest copper mines in the world, the government didn’t wait long to demand higher taxes and royalties on the operation. Today’s news represents the most aggressive case of resource […]

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Prepare to Profit from Resource Nationalism

Sometimes an investor’s biggest wins are the deals they pass on. For those who’ve fallen victim to resource nationalism, they need no reminding. The location of an asset and its political environment, far outweigh the grade and potential profit any one project can hope to provide. As resource nationalism heats up in central and south […]

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Mining Abroad Is Getting Riskier

The “license to operate” has been – and continues to be – the biggest hurdle for mining and mineral exploration companies across the globe. The political instability of countries sitting on copious amounts of high-grade resources has led to the frustration and/or abrupt cessation of several mining projects. Cumulatively, mining companies have lost billions of […]

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