Press Release
Copper Surges to 14-Month High on Supply Risks and Economic Recovery Hopes
–News Direct–
Copper just hit its highest level in 14 months, exceeding $9,300 per ton, driven by mounting supply risks and hopes for a global economic recovery.1
This rally, which began in early February, was bolstered after Fed Chair Jerome Powell pumped the brakes on potential rate cuts.2
At the same time, setbacks at key mining operations have forced smelters to pay unprecedentedly high prices for raw ore. In turn, Chinas biggest copper smelters, which are responsible for over half of the global refined copper production, are planning to collectively cut output by 5-10% in response.
Over the next two years, experts see copper prices soaring by more than 75%, driven by disruptions in mining supply and increased demand for the metal, especially in renewable energy.3
Highly-anticipated interest rate cuts later this year are also contributing to the bullish outlook for copper, as a weaker dollar would make greenback-priced copper more attractive to foreign buyers.
Market optimism is further fueled by the recent COP28 conference, where over 60 countries supported tripling global renewable energy capacity by 2030. Citibank views this as "extremely bullish for copper," with forecasts suggesting an additional 4.2 million tons of copper demand by 2030, potentially pushing prices to $15,000 a ton in 2025.
Goldman Sachs predicts copper prices could reach $10,000 per ton within the year due to robust Chinese demand and ongoing supply-side shocks.4
In the midst of surging demand and tightening supply, Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF) is poised to make a substantial impact with a 400-million-pound (Combined: Ind & Inf) historical high-grade deposit in the heart of the Abitibi Greenstone Belt.
Abitibi Metals just secured the funding to complete a 7-year option agreement in just four months to acquire an 80% stake in the B26 Polymetallic Copper Deposit, an advanced, high-grade development project that was initially funded by the Quebec government.
The deposit currently boasts an historical indicated resource of 6.97 million tonnes at 2.94% copper equivalent (Cu Eq) and 4.41 Mt at 2.97% Cu Eq inferred,5 with significant room for expansion. Abitibi Metals Corp. is currently conducting a fully funded 50,000 metres drill program to explore this potential further.
Abitibi Metals Positioned for Growth in the Copper Market
On April 15, Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF) announced the expansion of its maiden drill program at the B26 Deposit to approximately 13,500 metres. The company aims to complete this program by the end of April as part of a fully funded 30,000-metre 2024 field season.
The decision to increase its drill plans follows the deployment of a third drill at the project earlier this month to explore the expansion potential down-dip and along strike and the discovery of some of the highest-grade intercepts in the projects history.
Last month, Abitibi Metals Corp. reported significant drill results at the B26 Deposit including 11.4% CuEq over 10.6 metres beginning at 135 metres depth and 6.3% CuEq over 10.6 metres beginning at 120 metres depth.Deluce noted that upon completion, the company will have a substantial exploration budget of $15.1 million for 2024-2025, effectively fulfilling their 7-year work commitments in just 2 years. This financing will support Abitibi Metals in drilling approximately 50,000 meters at the B26 Deposit, showcasing the company's commitment to advancing this project aggressively.
Backed by heavyweight investors like the Deluce Family, Greg Chamandy, and Frank Giustra and an all-star advisory board with members who have held pivotal roles at major mining companies, including Hecla Mining, Eldorado Gold, Agnico Eagle, Kirkland Lake Gold, and Skeena Resources.
As the competition for copper intensifies, Abitibi Metals Corp. is well-positioned to make significant strides in 2024 and beyond.
The company also recently announced the closing of a non-brokered private placement raising gross proceeds of C$7.1 million. The offering involved the issuance of up to 10,702,627 common shares of the company bringing the total treasury to just over C$19 million today.
Abitibi Metals CEO Jonathon Deluce highlighted that this funding, coupled with the success of their maiden drill program, will enable the company to pursue key strategic objectives and expedite its plan to acquire up to 80% of the B26 Deposit.
Visit this website or explore their investor presentation to learn more about Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF).
Footnotes:
[1] https://www.mining.com/web/copper-price-jumps-to-new-14-month-high-on-supply-risks-demand-hopes/
[2] https://abcnews.go.com/Business/fed-chair-jerome-powell-pumps-brakes-rate-cuts/story?id=108792470
[3] https://www.cnbc.com/2024/01/03/copper-appears-set-to-rally-more-than-75percent-by-2025-analysts-say.html
[4] https://www.ft.com/content/c3c66359-6bdb-45cb-8ddd-663f10c1d3d9
[5] A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. The issuer is not treating the historical estimate as current mineral resources or mineral reserves. Rapport Technique NI 43-101 Estimation des Ressources Projet B26, Qubec, For SOQUEM Inc., By SGS Canada Inc., Yann Camus, ing., Olivier Vadnais-Leblanc, go., SGS Canada Geostat., Effective Date: April 18, 2018, Date of Report : May 11, 2018
Disclaimer:
1) The author of the Article, or members of the authors immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector.
2) The Article was issued on behalf of and sponsored by, Abitibi Metals Corp.. Market Jar Media Inc. was paid $1,500 for the production and publishing of this article by Abitibi Metals Corp.s Digital Marketing Agency of Record (Native Ads Inc.). Additional details relating to Market Jar Media Inc.s engagement by Abitibi Metals Corp.s Digital Marketing Agency of Record (Native Ads Inc.) are set out in https://pressreach.com/disclaimer-amq.
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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, forward-looking statements), which reflect management's expectations regarding Abitibi Metals Corp.s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as predicts, projects, targets, plans, expects, does not expect, budget, scheduled, estimates, forecasts, anticipate or does not anticipate, believe, intend and similar expressions or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Abitibi Metals Corp.s industry; (b) market opportunity; (c) Abitibi Metals Corp.s business plans and strategies; (d) services that Abitibi Metals Corp. intends to offer; (e) Abitibi Metals Corp.s milestone projections and targets; (f) Abitibi Metals Corp.s expectations regarding receipt of approval for regulatory applications; (g) Abitibi Metals Corp.s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Abitibi Metals Corp.s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of managements experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Abitibi Metals Corp.s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Abitibi Metals Corp.s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Abitibi Metals Corp.s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Abitibi Metals Corp.s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Abitibi Metals Corp. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Abitibi Metals Corp.s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Abitibi Metals Corp.s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Abitibi Metals Corp.s business operations (e) Abitibi Metals Corp. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Abitibi Metals Corp. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Abitibi Metals Corp. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Abitibi Metals Corp. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.
7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Abitibi Metals Corp. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Abitibi Metals Corp. or such entities and are not necessarily indicative of future performance of Abitibi Metals Corp. or such entities.
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Contact Details
James Young
+1 800-340-9767
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/copper-surges-to-14-month-high-on-supply-risks-and-economic-recovery-hopes-578185945
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Soileum Network Unveils Revolutionary SOIL Technology for Decentralized Identity, Announces Public Testnet, and Airdrop
October 21, 2024 – Soileum Network, a visionary player in the blockchain space, is leading the charge in transforming decentralized identity solutions through its innovative Secure Open Identity Layer (SOIL) technology. With the highly anticipated launch of its public testnet on the horizon, Soileum is inviting developers, businesses, and Web3 enthusiasts to join a new era of identity-powered decentralized applications (dApps). The testnet will provide a global platform for developers to start building Self-Sovereign Identity (SSI) solutions that empower users to own and control their digital identities across multiple platforms and services.
A New Dawn for Decentralized Identity Solutions
Soileum Network was founded in 2022 with a vision to bridge the gap between traditional identity systems and the decentralized Web3 ecosystem. Working alongside a skilled team of blockchain developers, Soileum Network has developed a state-of-the-art identity layer that enables secure, scalable, and self-sovereign identity solutions. This breakthrough aims to accelerate Web3 adoption, particularly in industries where identity verification and management are critical, such as finance, healthcare, e-commerce, and supply chain.
“Decentralized identity is the next frontier in blockchain technology, and Soileum Network is poised to lead the revolution. We envision a world where individuals control their own identities without relying on centralized institutions, and businesses can seamlessly adopt secure identity solutions in a decentralized framework,” said Badrinath M, Founder and CEO of Soileum Network.
The SOIL-Powered Ecosystem: Governance, Security, and Staking Opportunities
As a Layer 1 blockchain network, Soileum Network’s ecosystem is powered by SOIL coin, the native token that underpins its decentralized identity solutions. SOIL coin serves multiple functions, including powering the identity layer, maintaining network governance, and providing incentives for network validators through a robust staking mechanism.
By staking SOIL coins, investors and participants can contribute to the security and governance of the network while earning rewards. Stakers also gain access to the validator ecosystem, where they can help secure the network and participate in decision-making processes.
The introduction of decentralized identity technology within Soileum Network’s blockchain will pave the way for secure and frictionless interactions in digital environments, ensuring that identity verification processes can be trusted without sacrificing user privacy or control. This is particularly valuable in traditional industries where digital identity verification is essential, enabling businesses to transition smoothly into the decentralized Web3 world.
Developer-Centric Approach: SDKs for Seamless Integration
Soileum Network is committed to providing a seamless developer experience, with its team actively working on building Software Development Kits (SDKs) for various technologies. These SDKs are designed to simplify the integration of Soileum-powered decentralized identity solutions into applications and platforms, enabling developers to build secure, identity-first dApps with minimal friction.
The availability of these SDKs will significantly lower the barrier to entry for developers and businesses, allowing them to integrate decentralized identity solutions into their systems more easily. This focus on usability and accessibility ensures that the Soileum Network ecosystem can grow rapidly, fostering innovation and new use cases across industries.
Biggest Airdrop Yet: An Invitation to Join the Decentralized Identity Movement
In celebration of the upcoming testnet launch, Soileum Network has announced its biggest-ever Airdrop. This global campaign invites blockchain enthusiasts, crypto investors, and anyone passionate about the decentralized future to participate and win free SOIL tokens. The Airdrop offers an exciting opportunity for early supporters to get involved with the project and benefit from its future growth.
“With our Airdrop, we aim to reward our early supporters and those who believe in the power of decentralized identity. This is just the beginning of our journey, and we’re excited to bring the global community along with us,” said Badrinath M.
Following the testnet launch, Soileum Network will also kick off its presale, providing crypto investors with an opportunity to not only support the decentralized identity revolution but also potentially build wealth with SOIL coin as the network grows.
Web3 Adoption at the Core of Soileum’s Mission
Soileum Network is uniquely positioned to bring decentralized identity into mainstream use. Its Secure Open Identity Layer (SOIL) is designed to power a wide array of decentralized applications, making it easier for businesses to adopt Web3 technologies while providing users with greater control over their personal data.
With identity being at the core of so many business use cases, from finance and healthcare to online retail and entertainment, Soileum’s technology addresses a fundamental need in the transition to Web3. By offering Self-Sovereign Identity (SSI) solutions, Soileum ensures that users can manage their digital identities across platforms in a secure, decentralized, and privacy-preserving manner.
Join the Revolution
As Soileum Network continues to build momentum ahead of its public testnet launch, the team remains committed to its vision of revolutionizing decentralized identity and driving global Web3 adoption. To join the movement, participate in the Airdrop, and learn more about the presale, visit https://soileum.com.
For developers eager to get started building on the Soileum Network, more information on the testnet and SDKs will be available soon.
Stay connected and follow Soileum Network https://soileum.com/community for the latest updates.
About Soileum Network:
Founded in 2022, Soileum Network is a next-generation Layer 1 blockchain focused on transforming decentralized identity through its innovative Secure Open Identity Layer (SOIL) technology. The network empowers developers, businesses, and individuals to adopt decentralized identity solutions, driving the growth of Web3. SOIL coin powers the ecosystem, serving as the token for governance, security, and staking. With its upcoming testnet, Soileum Network is poised to become a key player in the decentralized identity space.
Company Name: Soileum Network
Contact Person: Badrinath M
Contact Email: team@soileum.com
City: Bangalore
State: India
Website link: https://soileum.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
PhotoboothTO, Toronto’s leading photo booth rental company, announces the grand opening of its new downtown location at 548A Dundas St W. Recognized as Downtown Toronto’s #1 by BlogTO, WeddingWire, and EventSource, and awarded “Best Photo Booth Rental Service in Toronto 2024” by Top Choice Awards, this move enhances client accessibility. The new showroom features cutting-edge technologies like the Instapod, 360 Video Booth, and GlamBOT 360, offering unforgettable event experiences.
Toronto’s premier photo booth rental company, PhotoboothTO, is thrilled to announce the grand opening of its new downtown location at 548A Dundas St W, Toronto, ON M5T 1H3. Recognized as Downtown Toronto’s #1 Photo Booth rental and 360 Photo Booth rental company by BlogTO, WeddingWire, and EventSource, PhotoboothTO continues to set the industry standard. The company was recently honored with the “Best Photo Booth Rental Service in Toronto 2024” award by Top Choice Awards.
This strategic move into the heart of the city marks a significant milestone for PhotoboothTO and promises enhanced services and accessibility for clients across the Greater Toronto Area.
Strategic Placement in the Heart of Toronto
Located in the bustling downtown area, the new address places PhotoboothTO at the center of Toronto’s vibrant event scene. The strategic placement allows for seamless connectivity via public transit and major roads, making it more convenient for clients to visit the showroom or arrange consultations.
The central location not only enhances accessibility but also enables quicker service and setup times for events within the city. Clients hosting weddings, corporate events, or private parties in downtown Toronto can now benefit from faster response times and more efficient service delivery.
Company Recognitions and Awards
PhotoboothTO’s commitment to excellence has been acknowledged by leading industry platforms. Recommended as Downtown Toronto’s #1 Photo Booth rental and 360 Photo Booth rental company by BlogTO, WeddingWire, and EventSource, the company has consistently delivered top-tier services. The recent accolade of “Best Photo Booth Rental Service in Toronto 2024” by Top Choice Awards further solidifies PhotoboothTO‘s position as an industry leader.
Expanded Services and Offerings
At the new state-of-the-art showroom, clients can experience PhotoboothTO’s cutting-edge offerings firsthand. The showroom features live demonstrations of the latest technologies, including the Instapod, 360 Video Booth, and the much-acclaimed GlamBOT 360.
The GlamBOT 360 service captures high-quality, dynamic videos, adding a Hollywood touch to any event. It has become increasingly popular at high-profile weddings and corporate galas, offering guests an unforgettable experience. With the new location, PhotoboothTO plans to host workshops and interactive events to showcase these innovative technologies to clients.
Commitment to the Community
PhotoboothTO has a long-standing history of involvement in Toronto events, from intimate weddings to large-scale corporate functions. The move to the downtown core underscores the company’s commitment to supporting local events and engaging with the community.
By partnering with local businesses and event venues, PhotoboothTO aims to contribute to the vibrancy of Toronto’s event industry. The new location enables the company to provide better support for a wide range of events, enhancing the overall experience for clients and their guests.
Experience the PhotoboothTO Difference
Event planners, couples, and corporate clients are invited to experience the difference that PhotoboothTO’s innovative services can make. With a wide array of cutting-edge offerings, we ensure that every event becomes a memorable experience for guests. Whether it’s the GlamBOT 360, capturing high-quality, Hollywood-style videos, or the Instant-Printing Photo Booths that allow guests to take home physical mementos instantly, our services are designed to impress.
No matter the occasion, PhotoboothTO’s offerings are tailored to create a truly unforgettable experience, elevating your event to new heights.
Media Contact
Organization: PhotoboothTO
Contact Person: Christian Gladwell
Website: https://photoboothto.com/
Email: Send Email
Contact Number: +18027349577
Address: 548A Dundas St W
City: Toronto
State: ON
Country: Canada
Release Id: 22102418779
The post PhotoboothTO Announces New Heart-of-Toronto Address at 548A Dundas St W appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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So, you’ve successfully navigated through the Applicant Tracking System (ATS), and your resume has impressed enough to secure an interview. Now, the real challenge begins. The interview is a crucial step that can either make or break your chances of landing the job. While some of us may feel confident from prior experience, many job seekers require extra preparation to pass interviews and land their dream positions.In this article, we will explore how to prepare for job interviews with the help of Kickresume’s advanced tools and features, giving you the edge you need to impress hiring managers.
So, you’ve successfully navigated through the Applicant Tracking System (ATS), and your resume has impressed enough to secure an interview. Now, the real challenge begins. The interview is a crucial step that can either make or break your chances of landing the job. While some of us may feel confident from prior experience, many job seekers require extra preparation to pass interviews and land their dream positions.
In this article, we will explore how to prepare for job interviews with the help of Kickresume’s advanced tools and features, giving you the edge you need to impress hiring managers.
5 Reasons Why Job Applicants Fail Interviews
- Lack of Preparation: Many candidates show up without having done sufficient research about the company or role.
- Poor Communication Skills: Interviewees often struggle to express their skills and experiences effectively.
- Inability to Answer Unconventional Questions: Some candidates get flustered by unexpected questions they weren’t prepared for.
- Lack of Confidence: Nervousness can undermine your performance and lead to missed opportunities to showcase your strengths.
- Failure to Understand the Role: Candidates who don’t fully grasp the specifics of the job they’re interviewing for often struggle to give relevant answers.
How to Prep for Job Interviews with Kickresume
Kickresume is a powerful tool designed to help job seekers not only create standout resumes but also prepare for job interviews using advanced artificial intelligence. With its AI Job Interview Questions Generator, Kickresume helps you get ready for your interviews by simulating real-world scenarios and providing tailored questions for your industry, job role, and level of experience.
1. Generate Custom Interview Questions
Kickresume uses AI algorithms to create semi-random interview questions based on your resume, job title, and industry. Once you upload your resume, Kickresume analyzes your background and generates a list of questions that hiring managers are likely to ask. This feature exposes you to a diverse set of questions, helping you anticipate the unpredictable nature of real interviews.
The benefit here is clear: you’re not just guessing what might come up in the interview. Instead, you’re practicing for the specific questions that are relevant to your field, which increases your preparedness and confidence.
2. Practice for Both Common and Unconventional Questions
One key advantage of Kickresume’s AI Job Interview Questions Generator is that it doesn’t just focus on standard questions like “Tell me about yourself” or “What are your strengths and weaknesses?” It also prepares you for more unique or challenging questions that can throw less-prepared candidates off.
Whether you’re asked about your problem-solving skills, your approach to teamwork, or how you handled failure, Kickresume helps you structure thoughtful and clear answers.
This holistic preparation ensures that you can navigate both the predictable and unexpected aspects of any interview with confidence.
3. Understand the Intent Behind Each Question
Another standout feature is the platform’s ability to explain the rationale behind each interview question. Kickresume helps you understand why a hiring manager might ask a particular question, giving you deeper insight into what they’re looking for in your response.
For example, when asked, “How do you handle failure?” a hiring manager is likely trying to gauge your resilience and ability to learn from mistakes. By understanding this, you can frame your answer to highlight these traits.
4. Save Time with Effective Preparation
Using Kickresume’s AI-powered question generator saves you time. Instead of spending hours scouring the internet for potential interview questions or guessing what might be asked, Kickresume does the heavy lifting for you. The targeted questions and preparation tips allow you to focus your energy on refining your responses rather than creating the questions from scratch.
5. Improve Your Confidence and Communication
Practice makes perfect, and Kickresume’s interview preparation tools allow you to practice as many times as you need. The more familiar you are with the types of questions you might encounter, the more comfortable and confident you will be during the actual interview.
With Kickresume, you’ll improve your communication skills, refine your answers, and be well-prepared to tackle any question thrown your way.
Kickresume Helps Hiring Managers Too
Kickresume isn’t just for job seekers, it’s also a great resource for hiring managers. The platform helps recruiters create role-specific interview questions, making the interview process smoother and more effective.
By using Kickresume’s tools, hiring managers can generate thoughtful, tailored questions that dive deeper into a candidate’s skills and experience, leading to more engaging and insightful interviews.
Kickresume’s AI-powered interview preparation tools offer a unique advantage by generating tailored questions, explaining the intent behind each one, and simulating real-world interview scenarios.
For hiring managers, it simplifies the preparation process and ensures more meaningful interviews. Whether you’re applying for a position or conducting the interviews, Kickresume offers a comprehensive, AI-driven solution to improve the process for everyone involved.
By utilizing Kickresume, you’ll walk into your next interview with confidence and the right answers to make a lasting impression.
Read also: How Kickresume Can Help You Land Your Dream Job
Media Contact
Organization: Kick resume
Contact Person: Juraj Ondrejka
Website: https://bit.ly/kickresumebuilder
Email: Send Email
City: Beckov
Country: Slovakia
Release Id: 22102418750
The post How to Prepare for Job Interviews with Kickresume appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Soileum Network Unveils Revolutionary SOIL Technology for Decentralized Identity, Announces Public Testnet, and Airdrop
PhotoboothTO Announces New Heart-of-Toronto Address at 548A Dundas St W
How to Prepare for Job Interviews with Kickresume
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