Russia is a major producer of many raw materials. The country ranks fourth in the world for silver and third for nickel. Russia ranks sixth for lead and tenth for zinc. In terms of gold production, Russia is in third place, and in copper it is in fifth place. One of the most important and best-known Russian metal companies is Norilsk, on the way in copper and nickel.
Alongside gold, the economic metal copper is always of particular interest to the investment community. Low copper inventories kept the price of the reddish metal high in February. The war between Russia and Ukraine is fueling concerns about possible supply shortages. To what extent there will be disruptions is still written in the stars. The fact is that sanctions against Russia could have an impact on Russian copper exports from Russia.
High-quality copper deposits are in demand in the mining community, as shown by the numerous takeovers and mergers in the copper sector. After all, copper is one of the key metals of the future that will be needed for the climate change. Just think of electromobility or renewable energies, copper is omnipresent. Without copper, green technologies will not work. Therefore, copper investments should also be in the focus of investors.
Here, Aurania Resources or Torq Resources would offer themselves. Both have gold and copper in their projects.
Aurania Resources - https://www.youtube.com/watch?v=0-qxeRcAJIg - prospective The Lost Cities-Cutucu project in Ecuador consists of 42 concessions.
Torq Resources - https://www.youtube.com/watch?v=934MixLRGB4 - has the Santa Cecilia, Andrea and Margarita projects in its portfolio in Chile.
Current corporate information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/