Approval of New Infrastructure Bill Sparks Enthusiasm for Copper - Seite 2

Last month, Kutcho Copper also outlined potential open pit and underground resource expansion targets for 2022, beyond those contemplated in the feasibility study. Kutcho's President and CEO commented, "We plan to advance a number of greenfields targets that show potential for the discovery of entirely new deposits that have not seen any exploration conducted since 1990."

Kutcho Copper is evaluating plans to explore new priority targets in 2022 with the goal of enhancing the potential and size of its project. In conjunction with these efforts, Kutcho Copper will conduct an airborne geophysical VTEM survey over portions of the property that have not been covered by geophysical surveys in the past.

The company, which gained $100 million in financial backing from Wheaton Precious Metals (TSX:WPM) (NYSE:WPM), is fully dedicated to resource development to expand its high-grade Kutcho copper-zinc project in northern British Columbia.  Kutcho Copper is committed to social responsibility and high environmental standards through the feasibility and permitting required for a positive constructive decision to advance its Kutcho Project, bringing it to production as soon as possible during this opportune moment for copper miners.

For more information on Kutcho Copper (TSXV:KC) (OTCQX:KCCFF), please click here.

An Industry in a Maelstrom of Perfect Timing

Wheaton Precious Metals (TSX:WPM) (NYSE:WPM) recently declared its fourth-quarter cash dividend payment for 2021 of US$0.15 per common share, a 25% increase over the comparable period in 2020. The company reported its earnings for the first nine months of 2021, revealing over $200 million in operating cash flow during Q3 and a record $650 million in the first nine months of 2021.

Hudbay Minerals (NYSE:HBM) announced in September that new three-and-a-half-year collective bargaining agreements ratified by United Steelworkers members have been signed. Hudbay is a diversified mining company that primarily produces copper concentrate. The company's growth strategy is focused on exploration, development, operation, and optimization of its existing properties.

Taseko Mines Ltd. (TSX:TKO) (NYSE:TGB) reported a significant increase in quarterly copper production. Taseko Mines announced that the Gibraltar mine produced 34.5 million pounds of copper and 600,000 pounds of molybdenum in the third quarter, representing increases of 29% and 50% respectively, compared to the second quarter.