IR contacts Pierre Léveillé CEO Telephone: +1-819-340-0140 [email protected] Paradox Public Relations at +1-514-341-0408
https://www.kitco.com/news/2021-05-...-copper-demand-from-green-economy-bright.html No commodities "super-cycle" but copper demand from green economy bright All experts agreed that the energy transition trend, which serves major economies' carbon neutralisation targets, will benefit some metals, notably copper, nickel and lithium. [ Another poll at the seminar showed a dominating preference for copper as the most benefited metal in the next 6-12 months at 52.69% of all voted, followed by lithium at 16.13%, aluminium at 13.98%, silver at 8.6%, nickel at 5.38% and cobalt at only 3.23%. Copper will be a dark horse, supported by infrastructure demand and the fast growing new energy vehicle market, said Liu Shoujian, deputy chief executive officer of CCB International. Sucden Financial's Wilkes said "copper demand from ... the green economy is looking strong." A new energy vehicle needs 80 kg (176 lb) of copper compared with 23 kg in an internal combustion engine vehicle, while charging, wiring and grid investment of renewable energy will also generate demand for copper, he added. Lithium, nickel and low-carbon aluminium will also be sought after amid the energy transition trend, Wilkes said. Macquarie's Horn said although copper might see a small surplus during 2022-2023 due to a supply recovery and slightly slower demand growth in traditional sectors, the energy transition will take over in the longer term.
https://www.deepsouthresources.com/ 2021-05-20 Deep-South Appoints Dr Martinez Bellange as Special Advisor on Bio Leaching 2021-05-19 Deep-South appoints the CSIRO of Australia to conduct the bio assisted heap leaching test work 2021-05-13 Deep-South appoints Knight Piésold to produce scoping studies on the Haib Copper project in Namibia 2021-04-26 Deep-South appoints METS engineering of Australia to conduct metallurgical test work 2021-02-25 Deep-South appoints the MSA group for the updated NI 43-101 resource estimation on the Haib Copper project in southern Namibia
Deep-South Resources (DSM) - Targeting Large Copper Resource by Q4/21 Interview with Pierre Léveillé, President & CEO of Deep-South Resources (TSX-V: DSM) The Haib project is a large, low grade project which produced a robust PEA in December and Deep-South is now drilling the high grade section of the deposit. They have found high grade zones which will go towards a PFS in 2022 and a new resource estimate in October ‘21. Deep-South is also resuming heap leach testing which has been very successful so far. The company produced some good drill results in May and have completed 66,000m of drilling with another 10,000m of further in-fill drilling needed for the PFS. Between now and the PFS coming out in early 2022, the company is fully funded, after which they will need to raise C$5-7m to fund a further 20-25,000m drill program. The first goal for Deep-South is to improve the grade and the second goal is to improve the tonnage of the deposit with extra drilling to add value and transform the deposit into a serious Copper project for the future. With the current electrification and Copper thematic, it is good timing for Copper companies and Deep-South is busy drilling now until mid-July and will have results coming out until mid-August. The company is also undertaking a scoping study at the project which is looking at alternative power, water usage, future impact study and assess the leach pad. Deep-South has a busy result driven 9 month period ahead and will be releasing news and results from their activities between now and the end of the year.
The copper bull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge. Copper has been trading near all-time highs in recent weeks and, after slipping on a warning from China over speculation earlier this week, prices picked up again on Tuesday. In a note to investors Friday, CFRA argued it remains bullish on the red metal, echoing the likes of Bank of America and Goldman Sachs, which recently characterized copper as "the new oil" and projected a multi-year bull market fueled by a surge in green capital expenditure and a dearth of mining projects. CFRA suggested the copper bull run might be in the "early to middle innings," with significantly more upside potential. Taking this into account, Equity Research Analyst Matthew Miller picked four stocks poised to outperform their peers and the broader market as a result of the rally.
Pierre Leveille, President and #CEO of #DeepSouth Resources (OTCQB: DSMTF), (TSX: #DSM) presented on the Emerging Growth Conference on May 26, 2021. Deep-South Resources (OTCQB: DSMTF), (TSX: DSM) is a mineral exploration and development company. Deep-South is actively involved in the acquisition, exploration and development of major mineral properties in Africa.
Copper prices doubled during the pandemic, as the industrial staple benefited from a supply crunch, surging consumer spending and the accelerating transition to renewable energy systems. What does copper tell us about post-pandemic economic environment? Presented by @CME Group: https://www.cmegroup.com/openmarkets/...
