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
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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.
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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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COMTEX_450935267/2655/2024-04-16T14:48:33
About Author
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.
Akko Ltd Cement Finishers, a trusted name in concrete work, is excited to announce the expansion of its services across Southwestern Ontario. Homeowners and businesses in Strathroy, London, Woodstock, St. Thomas, and nearby areas can now count on Akko Ltd for top-quality concrete projects that last.
Strathroy, ON N7G 2R9, Canada, 22nd Oct 2024 – Founded in 1977 by Chris Bakker, Akko Ltd Cement Finishers has been delivering reliable, durable concrete solutions for over 45 years. Specializing in everything from driveways and patios to porches, sidewalks, and foundations, Akko Ltd takes care of the entire process – from forming to finishing – ensuring every job meets the highest standards. Whether it’s for a home or a commercial property, they offer the same level of expertise and commitment to quality.
“We’re thrilled to extend our services to more communities throughout the region,” and “Our team takes pride in delivering concrete work that not only looks great but also stands the test of time. Whether it’s a driveway, a new patio, or a foundation, we’re dedicated to providing top-notch craftsmanship on every project.”
The company’s expanded reach means more people across Southwestern Ontario can now access their full range of services:
Concrete Driveways
Akko Ltd specializes in building concrete driveways that combine durability with aesthetics. Our driveways are designed to withstand the extreme weather conditions in Southwestern Ontario, providing long-lasting strength while adding to the curb appeal of your home or business. We use top-quality materials to ensure that your driveway not only looks good but also resists cracking and other wear over time.
Concrete Patios
Whether you’re looking to create a cozy outdoor retreat or a spacious area for entertaining guests, we offer customized concrete patio designs tailored to your needs. Our team works with you to design patios that fit your style and blend seamlessly with your outdoor space. Built to last, these patios offer a low-maintenance option for outdoor living that will stand up to the elements.
Concrete Porches & Steps
Enhance the front of your home with a sturdy, attractive concrete porch and steps. Akko Ltd ensures that your entryway is both safe and stylish, built to withstand daily use and weather exposure. Our team pays close attention to detail, providing a polished finish that complements the overall look of your property while offering the durability that only concrete can deliver.
Concrete Sidewalks
Whether for residential or commercial properties, we create functional and long-lasting concrete sidewalks that improve accessibility and add a polished look to your property. Our sidewalks are designed to withstand high foot traffic and weather conditions, ensuring that they remain in great condition for years to come.
Concrete Foundations
A solid foundation is critical for the stability of any building, and Akko Ltd has decades of experience in laying reliable concrete foundations. Our team ensures that the foundation is poured with precision, providing the support needed for any construction project. We handle all aspects of foundation work, from site preparation to final inspection.
Concrete Forming
We offer professional concrete forming services for a variety of structures, including residential, commercial, and industrial projects. Our skilled team ensures that the forms are set correctly, providing the proper shape and stability for the concrete to be poured. This crucial step guarantees that the final structure meets the highest standards for both safety and appearance.
Gas Bar Installation
Akko Ltd provides expert concrete installation services for gas stations and gas bar facilities. Our work includes precise concrete pouring for fuel pump islands, vehicle lanes, and other essential infrastructure. We ensure that these installations are built to handle heavy traffic and frequent use, offering strength and durability for high-demand environments.
Concrete Finishing
Our finishing services ensure that every concrete surface is smooth, polished, and ready for use. Whether it’s a driveway, patio, foundation, or sidewalk, we apply the final touches that give the concrete its sleek and finished appearance. From basic smooth finishes to decorative options like stamped or brushed concrete, we deliver high-quality results that meet your specific design and functional needs.
Akko Ltd Cement Finishers has built its reputation on quality work and exceptional customer service. Every project, no matter the size, receives the same attention to detail. Clients appreciate their transparency and professionalism, knowing the job will be done right, on time, and within budget.
To find out more about Akko Ltd Cement Finishers and their services, visit the website or social media channels at:
Media Contact
Organization: Akko Ltd Cement Finishers
Contact Person: Chris Bakker
Website: https://akkoltd.com/
Email: Send Email
Contact Number: +15192456252
Address: 39 Maitland Terrace
City: Strathroy
State: ON N7G 2R9
Country: Canada
Release Id: 22102418776
The post Akko Ltd Cement Finishers Expands Services Across Southwestern Ontario, Canada 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.
The thrilling debut novel follows Grace, a forensic scientist with a deadly secret.
Buffalo, New York, United States, 22nd Oct 2024 – Deborah Corona-Wall enters the literary scene with the release of her gripping debut thriller, The Forensic Scientist Killer. This suspenseful tale dives into the double life of Grace, a forensic scientist specializing in blood spatter analysis, who also takes the law into her own hands by eliminating those who have escaped justice. The Forensic Scientist Killer promises to captivate fans of mystery and psychological thrillers, exploring themes of crime, deception, and vigilantism.
According to Corona-Wall, the novel is a deep exploration of blurred lines between justice and revenge. Grace’s calculated actions create a morally complex narrative, raising questions about the nature of good and evil. Her dual role as both protector and predator reflects the conflicting facets of law and justice.
An excerpt from the book reads:
“My name is Grace, and I am a forensic scientist. My specialty is blood spatter analysis, and I work for the police department. I have a dark secret: I kill those who have escaped punishment for their crimes. Each drop of blood tells a story, and when justice fails, I step in as judge, jury, and executioner. But the deeper I go, the harder it becomes to keep my two lives separate.”
As Grace’s world becomes increasingly precarious, readers are pulled into a story that tests the boundaries of morality. With each calculated kill, Grace’s professional and secret lives inch closer to collision—will her thirst for justice be her ultimate undoing?
The Forensic Scientist Killer is also available in Spanish as La Asesina Científica Forense and will soon be available in French, broadening its reach to an international audience.
About the Author
Deborah Corona-Wall is a passionate storyteller intrigued by the psychological complexities of crime and justice. Her debut novel, The Forensic Scientist Killer, marks the beginning of a planned series exploring moral ambiguity within the criminal justice system. Drawing on her knowledge of forensic science and criminal psychology, she crafts characters that are both chilling and compelling.
Book Details
The Forensic Scientist Killer by Deborah Corona-Wall
Hardcover | 6 x 9in | 108 pages | ISBN: 979-8343451658
Softcover | 6 x 9in | 108 pages | ISBN: 979-8343447750
eBook: 108 pages
Available in: English and Spanish, with the French version coming soon.
Release Date: October 2024
Available at Amazon
For Media Inquiries
For interviews, review copies, or further information, please contact:
Marketing Services
Tel: 1-571-399-5735
Fax: 706-925-2491
Email: connect(at)thenewyorkpublishers(dot)com
Media Contact
Organization: The New York Publishers
Contact Person: Marketing Services
Website: https://www.thenewyorkpublishers.com
Email: Send Email
Contact Number: +15713995735
City: Buffalo
State: New York
Country: United States
Release Id: 22102418777
The post Deborah Corona-Wall announces the release of The Forensic Scientist Killer appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
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
Giant Lottos Receives Overwhelmingly Positive Reviews for Exceptional Service and Offerings
Canton, Michigan, 22nd October 2024, ZEX PR WIRE, Giant Lottos, a premier online lottery platform, continues to receive glowing reviews from users worldwide. This has solidified its reputation as a top choice for lottery enthusiasts. The platform’s outstanding services have contributed to its consistent stream of positive Giant Lottos reviews. Here’s a closer look at the key factors driving these rave reviews:
- An Impressive Selection of Lotteries and Raffles
Giant Lottos is known for offering one of the widest selections of lotteries and raffles available online. From the massive Powerball and EuroMillions jackpots to national draws like the UK Lotto, users are never short of options. This vast selection is a major reason why many Giant Lottos reviews praise the platform, as players appreciate the variety and the ability to participate in international lotteries from the comfort of their homes.
Moreover, the platform consistently updates its list of lotteries and raffles. It ensures players can access the latest and most popular draws. The convenience of accessing various lotteries under one roof is a significant draw for users, as reflected in numerous positive reviews.
- Unmatched Introductory Lottery Offers
For new users, Giant Lottos provides some of the best introductory lottery offers in the market. These offers include discounted tickets, free entries into major jackpots, and exclusive access to new games. New players often highlight these deals in their reviews, expressing their delight at the opportunity to experience a range of lotteries without breaking the bank.
These promotions not only make it more affordable for new players to get started but also enhance the overall user experience, encouraging them to explore the platform’s full suite of offerings. The introductory bonuses and deals have become one of the standout features that have contributed to the positive Giant Lottos reviews online.
- Nearly 20 Years of Industry Experience
With close to two decades of experience, Giant Lottos has built a solid reputation for reliability and transparency in the online lottery space. This extensive experience provides players with the confidence they need when participating in online lotteries. Many reviewers specifically mention the company’s longstanding presence in the industry as a key factor in their trust and satisfaction with the platform.
Giant Lottos’ deep industry knowledge enables it to offer a seamless and hassle-free lottery experience, from ticket purchasing to prize claiming. This experience and trustworthiness are often noted in reviews, with users appreciating the platform’s professionalism and commitment to fair play.
- Advanced Safety and Security Features
In an era where online security is paramount, Giant Lottos takes safety seriously. The platform employs the latest security measures to protect user information and ensure that all transactions are secure. These features include advanced encryption technologies and strict data protection protocols, providing players with peace of mind when purchasing tickets and managing their accounts.
Many Giant Lottos reviews emphasize the platform’s commitment to security, with users commending its efforts to safeguard their personal and financial information. This focus on security has contributed significantly to the positive feedback, as players value a trustworthy environment for their online lottery activities.
- Outstanding Customer Service
Another reason Giant Lottos continues to receive positive reviews is its dedication to providing excellent customer service. Giant Lottos’ support team is known for being responsive, knowledgeable, and helpful, assisting users with any questions or issues.
The fast and friendly customer service is frequently mentioned in Giant Lottos reviews, with users appreciating the quick resolution of their concerns and the platform’s commitment to delivering a smooth user experience. The availability of multiple support channels, including live chat, email, and phone support, ensures that users can always find help when they need it.
- Exciting Weekly Promotions
Giant Lottos keeps things fresh and exciting by offering new promotions every week. These promotions include discounted tickets, bonus entries, and exclusive deals that add a layer of thrill to the lottery experience. Regular players often highlight these promotions in their reviews, expressing their enthusiasm for the ongoing opportunities to maximize their chances of winning.
By regularly updating its promotions, Giant Lottos maintains player engagement and keeps the platform dynamic. This, in turn, leads to the positive Giant Lottos reviews that continue to flood in.
Looking Ahead
As Giant Lottos continues to earn positive feedback, it remains focused on enhancing its services and expanding its offerings. The company is committed to maintaining the high standards that have earned it its stellar reputation. The goal, as the management says, is to ensure that both new and seasoned players enjoy a premium lottery experience.
About Author
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.
Akko Ltd Cement Finishers Expands Services Across Southwestern Ontario, Canada
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