Charl Peenze MBA, MScMee, MScGeol, MAusIMM(CP)’s Post

Our role in Copper's future Global Demand Surge | Australia's Strategic Position | Investment Risks The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. Global Demand Surge: The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. Australia's Strategic Position: As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Investment Risks: There is a pressing risk that capital investment may divert to other countries with more favorable mining environments unless Australia reforms its policy settings to support copper resource development. #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Our role in Copper's future Global Demand Surge | Australia's Strategic Position | Investment Risks The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. Global Demand Surge: The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. Australia's Strategic Position: As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Investment Risks: There is a pressing risk that capital investment may divert to other countries with more favorable mining environments unless Australia reforms its policy settings to support copper resource development. #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Our role in Copper's future Global Demand Surge | Australia's Strategic Position | Investment Risks The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. Global Demand Surge: The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. Australia's Strategic Position: As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Investment Risks: There is a pressing risk that capital investment may divert to other countries with more favorable mining environments unless Australia reforms its policy settings to support copper resource development. #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Our role in Copper's future Global Demand Surge | Australia's Strategic Position | Investment Risks The copper sector's dynamic nature is evidenced by significant mergers and acquisitions, including Newmont's acquisition of Newcrest and BHP’s attempted purchase of Anglo American, underscoring the strategic importance of copper in future global markets. Global Demand Surge: The worldwide demand for copper is expected to increase significantly, necessitating an additional 10 million tonnes over the next decade to meet needs arising from AI and energy transitions. Australia's Strategic Position: As the holder of the third-largest copper reserves globally, Australia is uniquely positioned to benefit significantly from this demand surge, provided it can optimize its policy environment. Investment Risks: There is a pressing risk that capital investment may divert to other countries with more favorable mining environments unless Australia reforms its policy settings to support copper resource development. #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

We are pleased to share our Quarterly Activities Report for the period ended 31 March 2024, highlights include: 🌟 Announcement of our merger with Greenstone Resources Limited, creating a significant gold company with 1.8 million ounces of gold resources and a vast 939km2 landholding in the WA Goldfields. 🌟 The merged business will implement a dual track strategy to generate short-term cash flow from a pipeline of small mines while advancing larger cornerstone gold assets like Boorara and Burbanks which boast a combined resource inventory of 914koz. 🌟 Advancement across a number of key projects: - Cannon pipeline and pumping system commissioned, with tenders received to advance development of the project.        - Prefeasibility study underway for the Pennys Find underground project. - Initial optimisations for Boorara and Kalpini projects show strong cashflows, with positive outlooks for long-term operations. Exciting times lie ahead as we move closer to completing the Greenstone merger in mid-June 2024. Stay tuned for more updates! Read the full report here: https://bit.ly/4aTiLNV #HorizonMinerals #HRZ #GoldMining #ASXNews

#ASX #resources top 5: Many Peaks Minerals (ASX:MPK) is going nuts to the tune of a 240% climb based on gold project acquisitions; Indo coal stock Cokal Ltd (ASX:CKA) has a beaut revenue stream going on; And $SRR, $TKM and $IR1 are also moving in the right direction.

Institutional investors and firms will find it tougher to invest in the North American markets when the interest rate got cut. Practically we will see a divergence the emergence of Mergers and acquisitions spreads to Other markets like Asia and Africa. Mining Industry [#Copper, #Cobalt, #Lithium and Nickel], #automotiveindustry #electricvehicle , #electronicsindustry , #renewableenergy components, battery manufacturing and construction materials are expected to lead as the generation of future asset classes that family offices and philanthropic institutions needs to support in domestic markets. #institutionalinvestors #africa

Global copper mine shortage warning! Rio Tinto: More new mines need to be developed to solve the supply crisis." Chairman of Rio Tinto Group, Dominic Barton, recently stated that copper mines and other key metals for energy transition are facing rising demand, and business methods such as mergers and acquisitions cannot fill the imminent supply gap, which means that more mines need to be developed globally to cope with this situation.

Horizon Minerals LTD (ASX:HRZ) and Greenstone Resources Ltd (ASX:GSR) have received the green light from Greenstone security holders for their planned merger. As a result, Horizon will acquire all of Greenstone’s shares and listed options through a scheme of arrangement under the Corporations Act 2001. The journey to approval included several key steps. Horizon and Greenstone first announced the merger plans on February 13 and April 2, 2024. The Supreme Court of Western Australia then directed Greenstone to hold meetings for its shareholders and listed optionholders to vote on the merger. These meetings took place on Friday and the resolutions were overwhelmingly approved. At the shareholder meeting, more than 85% of those present voted in favour of the merger, with 96.88% of the total votes supporting the resolution. More at #Proactive #ProactiveInvestors #ASX #HRZ #Gold #Mining #PreciousMetals http://ow.ly/50am105vkG2

St Barbara is supportive of Brightstar Resources Limited (ASX-BTR) off-market scrip takeover offer announced this morning for Linden Gold Alliance Limited. The merger creates a growing Western Australian gold producer with operational hubs near Laverton and Menzies.   As part of the offer, St Barbara has entered into a binding Pre-Bid Acceptance Agreement for its existing holding of ~30 million Linden shares (representing 19.8% of Linden’s existing shares on issue).   Brightstar has also announced that it will seek to raise up to $12.0 million via a two tranche placement (“Placement”) comprising of the issue of up to approximately 857 million new fully paid ordinary shares issued at $0.014 per share. St Barbara has committed $2 million to the Placement.   St Barbara’s support for the Offer and the Placement is consistent with the Company’s commitment to actively manage its investment portfolio.   Post the Offer and Placement, St Barbara’s equity interest in Brightstar would be ~13% of shares on issue, which will be voluntarily escrowed for 12-months. The implied value of St Barbara’s holding in Brightstar (post Offer and Placement) is ~$8.6 million based on the pro forma market capitalisation of $66 million at the Placement share price.   The Company’s current listed investments total $22.6 million in value. The pro forma valuation of the Brightstar investment would bring the total listed investment portfolio value to $31.8 million and represent ~22% of St Barbara’s market capitalisation. #merger #mining #investing