Red 5 Limited’s Post

Australia's copper opportunity 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. 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. 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. Source: Resources and energy quarterly #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Australia's copper opportunity 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. 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. 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. Source: Resources and energy quarterly #CopperMining #AustralianMining #ResourceManagement #EnergyTransition #InvestInAustralia #MiningPolicy #GlobalDemand #SustainableMining

Aurous is seeking a SPAC IPO on the Nasdaq through US-based Rigel Resources Acquisition with a possible dual listing on the JSE. Not a fan of back door IPOs because of the speculative & potential loss making nature of companies who choose to IPO this way. It’s a way to bypass many of the complexities that come with a traditional IPO making it unfavourable in the eyes of many investors. They were 613 SPAC IPOs in 2021 which represented 63% of all US IPOs at the time, by 2022 they plummeted to 86. Many of those 2021 SPAC IPOs didn’t do to well.

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

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

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

Emirates Gold enters new era with acquisition by Rockfire Resources plc Emirates Gold DMCC, the UAE’s pioneer in precious metals refining, today announced that Rockfire Resources plc, the gold, base metal and critical mineral exploration company is executing a conditional share purchase agreement with Paloma Precious DMCC for the acquisition of its entire refining and minting franchise. The acquisition and the ensuing integration are expected to cover all aspects related to Emirates Gold’s operations, ranging from sourcing, refining, minting, product distribution and market presence. In parallel with this acquisition, Emirates Gold is poised to undergo a comprehensive refresh of its strategic direction, with a deep commitment to leveraging pioneering technologies in minting, silver electro refining, establishing a global reach for products, diversifying product lines and adhering to the highest industry compliance standards. Simultaneously with this announcement, Emirates Gold introduces a key management change, prominently featuring the appointment of Daniele Provenzale as CEO. With an impressive track record spanning over three decades, Daniele brings a wealth of experience and expertise to steer the company toward its ambitious goals. Speaking about the acquisition, Provenzale said: “Our vision is to elevate Emirates Gold to a symbol of trust and integrity within the global precious metals refining and minting industry. A major step in this strategy has been to integrate with a company listed on the globally-respected London Stock Exchange, providing a high degree of governance and reliability. “The acquisition by Rockfire represents a strategic milestone for us, underscoring our dedication to reshaping the landscape of the precious metals sector. We are resolute in seizing fresh opportunities and guiding the industry toward an era marked by innovation and sustainability,” he added. “We deeply value our employees, suppliers, customers, and partners, and we enthusiastically anticipate a future rooted in steadfast values and responsible business practices.” Emirates Gold, with a legacy spanning over 30 years in Dubai, stands as one of the most influential gold refineries in the GCC region. The directors of Rockfire are embarking on an ambitious growth strategy through the acquisition of Emirates Gold, a respected, cash-generating and profitable company. The directors consider the transaction to represent a potentially transformational, value-enhancing transaction for its shareholders, which is expected to accelerate the company’s growth strategy. #EmiratesGold #RockfireResources #Acquisition #BusinessNews #MiningIndustry #Investment #MergersAndAcquisitions #ResourceExploration #GoldMining #strategicpartnerships