Copper and zinc as raw materials, without which nothing works
Production data from the USA, China and also the Euro zone show that orders have been received, more than expected. US production activity in particular accelerated more strongly than expected in October. The Purchasing Managers' Index (PMI), for example, a recognized economic barometer, shows that the manufacturing sector has picked up speed in Germany in particular.
In copper, supply interruptions from South America due to temporary mine closures (due to the corona pandemic), especially in Peru, will lead to lower production volumes. Peru alone will produce an estimated 14 percent less mined copper concentrate than last year.
For example, Aurania Resources - https://www.youtube.com/watch?v=rM9XiXJvtqo&t=14s - owns copper and gold in its flagship project The Lost Cities-Cutucu in the Andes of Peru. Many geochemical and geophysical surveys have been conducted. Of particular note is the Tsenken N2 area, which has the potential for a supergene secondary copper discovery. Gold and copper is certainly a good combination for a commodity company.
The situation is similar with zinc, a metal that is important not only for the automotive industry. The supply of zinc from Peru and Brazil has also declined. At the same time, demand from China, Korea and Japan is increasing. One company that could meet the demand for zinc and copper in the future is Aztec Minerals.
Aztec Minerals - https://www.youtube.com/watch?v=0zdssjRMDoA&t=1s - is active in North, Central and South America. The main Cervantes project in Sonoro, Mexico, has copper, silver and gold. And the Tombstone Project in Arizona contains silver, gold, copper, lead and zinc. Promising drill results are already available.
Current company information and press releases from Aurania Resources (www.resource-capital.ch/en/companies/aurania-resources-ltd/).
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