The Arctic, the new raw material heaven
For thousands of years people have been exploring the possibilities of mining. Difficult places are yet to be conquered. Greenland, for example, became particularly interesting at the beginning of the year. US President Donald Trump had the idea that America could buy Greenland - because of the mineral resources. The region is cold and underdeveloped, but rich in mineral resources. Russia is particularly interested. After all, the most important nickel production region lies within the Arctic Circle.
Compared to Russia, the North American Arctic is unexplored. Nevertheless, these isolated areas are attractive to mining companies. Large resource potentials are naturally attractive. Some think that the isolated areas have more potential than some areas of Canada, where access is significantly easier. Finally, the geology of Antarctica is similar to that of Australia and Africa.
What is certain is that the exploitation of raw materials in the polar regions is much more difficult than in other regions. Because low temperatures place special demands on people and machines. It may make more sense to focus on companies operating in mining friendly regions, such as Auryn Resources or Bluestone Resources.
Auryn Resources - https://www.commodity-tv.net/c/search_adv/?v=299172 - has seven precious and base metal projects. The projects (gold and copper) are located in Peru and Canada (British Columbia and Nunavut).
Bluestone Resources - https://www.commodity-tv.net/c/search_adv/?v=299244 - operates the Cerro Blanco Gold Project and Mita Geothermal Project in Guatemala. According to the feasibility study, Cerro Blanco will produce 146,000 ounces of gold per year for the first three years at a low total cost.
Current corporate information and press releases from Auryn Resources (https://www.resource-capital.ch/en/companies/auryn-resources-inc/) and Bluestone Resources (https://www.resource-capital.ch/en/companies/bluestone-resources-inc/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally 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. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/