Nevada Copper (TSX: NCU) is a Canadian mining company with operations in Nevada. The company’s flagship asset is the Pumpkin Hollow project, which includes an underground mine and a processing plant. The Pumpkin Hollow project is one of the largest undeveloped copper deposits in North America.
Investors are always looking for the next big thing, and in the mining sector that means finding companies with large undeveloped deposits of minerals like copper. Nevada Copper (NCU-T) is one such company, and its Pumpkin Hollow project in Nevada has drawn interest from some of the biggest names in the mining industry. Barrick Gold (ABX), the world’s largest gold miner, has already invested $61 million in Nevada Copper through a joint venture agreement.
And now China’s Zijin Mining Group (2899-HK), one of the country’s largest miners, is considering an investment of up to $1 billion. Why all the interest? Well, it turns out that Pumpkin Hollow contains one of the largest undeveloped deposits of copper in North America.
In fact, it is believed to contain over 2 billion pounds of recoverable copper! With demand for copper expected to continue to grow as emerging economies develop, Nevada Copper looks well-positioned to benefit. So if you’re looking for a mining stock with potential, this is one worth watching closely!
Nevada Copper Careers
Nevada Copper (TSX: NCU) is a Canadian copper mining company with operations in the United States. The Company’s primary asset is the Pumpkin Hollow project located in Nevada, which consists of two advanced-stage development properties and one producing mine. The Pumpkin Hollow project offers a unique combination of high-grade underground and open-pit mining opportunities with extensive infrastructure already in place.
This provides Nevada Copper with significant optionality and the potential to generate long-term shareholder value as we advance Pumpkin Hollow toward production. We are looking for talented, innovative, and driven individuals to join our team as we work together to develop Pumpkin Hollow into a world-class copper operation. We offer a dynamic and challenging work environment where you can really make a difference.
If you are interested in being part of our team, please submit your resume and cover letter today.
Credit: www.mining.com
Should I Buy Nevada Copper Stock?
If you’re considering buying Nevada Copper stock, here’s what you need to know.
Nevada Copper is a Canadian mining company that operates the Pumpkin Hollow mine in Nevada, USA. The Pumpkin Hollow deposit contains one of the largest undeveloped copper deposits in North America.
The company is currently in the process of transitioning from exploration to production, with commercial production expected to commence in 2020. Given the size of the deposit and strong future growth prospects, Nevada Copper could be an attractive long-term investment.
However, there are also some risks to consider before investing.
Firstly, the transition from exploration to production has been delayed several times and is now running behind schedule. This has caused the company’s share price to fluctuate significantly over the past few years.
Secondly, although Pumpkin Hollow is a large deposit, it is still relatively low grade when compared to other major copper mines around the world.
This means that costs per tonne of copper produced will be higher than at some other mines.
Finally, as with all mining projects, there is always the risk of cost blowouts and delays due to unforeseen circumstances such as bad weather or equipment problems. These risks need to be considered before making any decision on whether or not to invest in Nevada Copper stock.
Does Nevada Produce Copper?
Yes, Nevada produces copper. In fact, it is the largest producer of copper in the United States. Most of the copper mines in Nevada are located in the northern part of the state, near Reno.
Where is Nevada Copper Located?
Nevada Copper (TSX: NCU) is a Canadian mining company that owns and operates the Pumpkin Hollow Mine in Nevada, United States. The mine is located just outside of Yerington, Nevada in Lyon County. The Pumpkin Hollow Mine consists of two open-pit copper mines – the East and West pits – as well as an underground mine.
The Pumpkin Hollow Mine has been in operation since 1969 and has produced over 1 billion pounds of copper. The mine is currently undergoing an expansion project that will increase its production capacity to 160 million pounds of copper per year. Once the expansion is complete, the Pumpkin Hollow Mine will be one of the largest copper mines in North America.
Andrew Hecht – Why Copper and Which Copper Company
Conclusion
Nevada Copper (NCU.TO) is a Canadian copper mining company with two producing mines in northern Nevada, one of which is the Pumpkin Hollow Mine. The company has been increasing its production and sales in recent years, and its share price has followed suit. However, Nevada Copper stock has been volatile over the past year, and some investors are wondering if now is the right time to buy.
The main argument for buying NCU stock at this point is that the company is well-positioned to benefit from rising copper prices. Copper prices have been on the rise in recent months due to increased demand from China and other emerging markets. Nevada Copper’s two mines are among the lowest-cost producers of copper in North America, so the company should be able to generate strong profits as long as prices remain high.
There are also several catalysts that could drive Nevada Copper’s stock higher in the coming months. The most important catalyst is likely to be an update on the company’s permitting process for its third mine, which is currently underway. If all goes well, construction could begin later this year or early next year, which would be a major positive for shareholders.
In addition, analysts expect Nevada Copper to report strong results for 2018 when it releases its annual report later this month.
Overall, then, there are good reasons to believe that Nevada Copper’s stock could continue to rise in 2019.
