{"id":8224,"date":"2023-06-20T11:25:23","date_gmt":"2023-06-20T01:25:23","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8224"},"modified":"2023-06-20T11:28:27","modified_gmt":"2023-06-20T01:28:27","slug":"true-north-copper-begins-asx-trading","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2023\/06\/20\/true-north-copper-begins-asx-trading\/","title":{"rendered":"True North Copper begins ASX trading"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"OLIVIA THOMSON<\/a><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Australian near-term copper producer True North Copper will commence trading on the Australian Securities Exchange (ASX) as of today.<\/p>\n\n\n\n

The news arrives as Truth North Copper\u2019s (TNC) merger<\/a> with Duke Exploration was completed<\/a> June 7 2023, after being first announced<\/a> February 28 2023.<\/p>\n\n\n\n

Prior to its listing, TNC completed an underwritten capital raising, and a priority offer to existing Duke Exploration shareholders, raising a total of approximately $37.3 million (before costs) at $0.25 per share.<\/p>\n\n\n\n

TNC is a copper, cobalt and critical minerals mining company based in Queensland, Australia. Its principal assets include the copper-gold<\/strong>\u00a0Cloncurry project<\/a>\u00a0and the high-grade copper cobalt<\/strong>\u00a0Mt Oxide project<\/a>.<\/p>\n\n\n\n

The company aims to be Australia\u2019s next copper producer through its Queensland-based portfolio of copper and cobalt assets. TNC managing director Marty Costello described the ASX listing as the latest step towards reaching this goal.<\/p>\n\n\n\n

\u201cOur ASX listing is the latest milestone in our transformation into Australia\u2019s next copper producer,\u201d Costello said<\/a>.<\/p>\n\n\n\n

\u201cWith funds raised via our offer and our recently completed acquisition of the high-grade Mt Oxide copper-cobalt-silver project, we have all the assets in place to achieve this. This timing is excellent given the current price cycle for copper and expected supply deficit in the next few years.<\/p>\n\n\n\n

\u201cWe have a large combined indicated, measured and inferred JORC resource base containing 326,000 tonnes of copper as well as significant cobalt, gold and silver and infrastructure including a copper concentrator, solvent extraction plant and copper sulphate crystallisation plant.<\/p>\n\n\n\n

\u201cWe plan to move into production in the second half of (2023), subject to successful technical studies and further financing if required, while we will continue to explore our projects for opportunities to expand our resource base, with drilling commenced at Mt Oxide\u2019s vero resource underway.\u201d<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

OLIVIA THOMSON Australian near-term copper producer True North Copper will commence trading on the Australian Securities Exchange (ASX) as of today. The news arrives as Truth North Copper\u2019s (TNC) merger with Duke Exploration was completed June 7 2023, after being first announced February 28 2023. Prior to its listing, TNC completed an underwritten capital raising, and a priority offer to existing … Continue reading “True North Copper begins ASX trading”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[],"class_list":["post-8224","post","type-post","status-publish","format-standard","hentry","category-goldcopper"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-28E","jetpack-related-posts":[{"id":7967,"url":"https:\/\/yinghuiinternational.com\/index.php\/2021\/05\/12\/copper-explorers-back-record-price-run\/","url_meta":{"origin":8224,"position":0},"title":"Copper explorers back record price run","author":"yinghui","date":"May 12, 2021","format":false,"excerpt":"Two Australian companies are confident that copper prices will continue to set records, with the red metal reaching a new high of $US10,724.50 ($13,682) on the London Metal Exchange (LME) overnight. The red metal\u2019s previous all-time high was recorded on May 7, where it reached $US10,361. Junior explorers Kincora Copper\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dszs098s1om2l.cloudfront.net\/australianmining.com.au\/2020\/07\/07134441\/Copper-604x270.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/dszs098s1om2l.cloudfront.net\/australianmining.com.au\/2020\/07\/07134441\/Copper-604x270.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/dszs098s1om2l.cloudfront.net\/australianmining.com.au\/2020\/07\/07134441\/Copper-604x270.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":8770,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/07\/02\/true-norths-cloncurry-commences-operations\/","url_meta":{"origin":8224,"position":1},"title":"True North\u2019s Cloncurry commences operations","author":"yinghui","date":"July 2, 2024","format":false,"excerpt":"OLIVIA THOMSON Overlooking the Great Australia mine within the Cloncurry project. Image: True North Copper True North Copper (TNC) has commenced clearing activities and blast hole drilling at the Wallace North deposit that sits within the Cloncurry copper project (CCP) in north-west Queensland. TNC\u2019s personnel is set operate the dry\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"cloncurry copper","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-12-at-3.09.15%E2%80%AFpm-1024x596.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-12-at-3.09.15%E2%80%AFpm-1024x596.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-12-at-3.09.15%E2%80%AFpm-1024x596.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/04\/Screenshot-2024-04-12-at-3.09.15%E2%80%AFpm-1024x596.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8536,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/02\/27\/significant-high-copper-grades-unlocked-at-oak-dam\/","url_meta":{"origin":8224,"position":2},"title":"Significant high copper grades unlocked at Oak Dam","author":"yinghui","date":"February 27, 2024","format":false,"excerpt":"OLIVIA THOMSON Image: Phawat\/stock.adobe.com An exploration program undertaken by BHP at its Oak Dam copper deposit has identified high-grades of copper deep beneath the Olympic Dam ore body, with some grades equalling more than two per cent. The Oak Dam deposit is located 65km south-east of the Olympic Dam mine\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"true north copper","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/01\/Screenshot-2024-01-24-at-7.58.13%E2%80%AFam-1024x588.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8725,"url":"https:\/\/yinghuiinternational.com\/index.php\/2024\/06\/19\/bhp-copper-is-king\/","url_meta":{"origin":8224,"position":3},"title":"BHP: Copper is king","author":"yinghui","date":"June 19, 2024","format":false,"excerpt":"KELSIE TIBBEN BHP asset president copper South Australia Anna Wiley. Image: Austmine BHP South Australian copper asset president Anna Wiley has laid out a copper-focused future for the Big Australian in her address to the Copper to the World conference in SA. Wiley said SA is home to 70 per\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-03-at-1.21.28%E2%80%AFPM-1024x623.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-03-at-1.21.28%E2%80%AFPM-1024x623.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-03-at-1.21.28%E2%80%AFPM-1024x623.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2024\/06\/Screenshot-2024-06-03-at-1.21.28%E2%80%AFPM-1024x623.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8281,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/05\/03\/a-farewell-to-oz-bhp-completes-takeover\/","url_meta":{"origin":8224,"position":4},"title":"A farewell to OZ \u2013 BHP completes takeover","author":"yinghui","date":"May 3, 2023","format":false,"excerpt":"TIMOTHY BOND BHP is now officially the parent company of OZ Minerals, with OZ set to be removed from the ASX today. \u201cThis acquisition strengthens BHP\u2019s portfolio in copper and nickel and is in line with our strategy to meet increasing demand for the critical minerals needed for electric vehicles,\u2026","rel":"","context":"In "Clients"","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"bhp, oz minerals","src":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/11\/shutterstock_2141361587-1024x589.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/11\/shutterstock_2141361587-1024x589.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/11\/shutterstock_2141361587-1024x589.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.australianmining.com.au\/wp-content\/uploads\/2022\/11\/shutterstock_2141361587-1024x589.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8411,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/08\/31\/chalice-mining-wa\/","url_meta":{"origin":8224,"position":5},"title":"Chalice Mining WA","author":"yinghui","date":"August 31, 2023","format":false,"excerpt":"\u77ff\u4e1a\u516c\u53f8Chalice\u516c\u5e03Gonneville\u9879\u76ee\u66f4\u65b0 \u80a1\u4ef7\u4e24\u65e5\u8dcc\u4e09\u6210 2023-08-31 14:01:05 (AET) by Edward Zhang\u00a0\u00a0 968 \u77ff\u4e1a\u516c\u53f8 Chalice Mining\uff08ASX\uff1aCHN\uff09\u516c\u5e03\u65d7\u4e0bGonneville Nickel-Copper-PGE\u9879\u76ee\u6982\u7565\u7814\u7a76\u62a5\u544a\u540e\uff0c\u80a1\u4ef7\u53d7\u632b25%\u3002 \u3010\u6fb3\u80a1\u8d44\u8baf\u5e73\u53f0 - 61 Financial 8\u670831\u65e5\u8baf\u3011\u77ff\u4e1a\u516c\u53f8 Chalice Mining\uff08ASX\uff1aCHN\uff09\u53d1\u5e03\u516c\u544a\uff0c\u63d0\u4f9b\u4e86\u65d7\u4e0bGonneville Nickel-Copper-PGE\u9879\u76ee\u6982\u7565\u7814\u7a76\u62a5\u544a\u3002 \u6839\u636e\u66f4\u65b0\uff0c\u6982\u7565\u7814\u7a76\u6982\u8ff0\u4e86Chalice\u65d7\u4e0b\u897f\u6fb3\u5927\u5229\u4e9a\u5dde\u9879\u76ee\u6210\u4e3a\u4e00\u4e2a\u65b0\u7684\u957f\u5bff\u547d\u3001\u4f4e\u6210\u672c\u3001\u4f4e\u78b3\u7eff\u8272\u91d1\u5c5e\u77ff\u5c71\uff0c\u9884\u8ba1\u6709\u53ef\u80fd\u5e26\u6765\u5f3a\u52b2\u7684\u8d22\u52a1\u56de\u62a5\u548c\u533a\u57df\u6548\u76ca\uff0c\u4ee5\u53ca\u663e\u8457\u7684\u4e0a\u5347\u7a7a\u95f4\u3002 Chalice\u8fd8\u6982\u8ff0\u4e86\u4e00\u4e2a\u5728\u4e16\u754c\u7ea7\u53f8\u6cd5\u7ba1\u8f96\u533a\u53ef\u6267\u884c\u7684\u4e00\u7ea7\u89c4\u6a21\u5f00\u53d1\u9879\u76ee\u3002 Chalice\u8463\u4e8b\u603b\u7ecf\u7406\u517c\u9996\u5e2d\u6267\u884c\u5b98Alex Dorsch\u8868\u793a\uff1a\u201c\u6982\u7565\u7814\u7a76\u5f3a\u8c03\u4e86\u5f00\u53d1\u73b0\u4ee3\u5316\uff0c\u957f\u5bff\u547d\uff0c\u897f\u6fb3\u5927\u5229\u4e9a\u5173\u952e\u91d1\u5c5e\u77ff\u5c71\u7684\u7edd\u4f73\u673a\u4f1a\uff0c\u7531\u4e8e\u5176\u89c4\u6a21\uff0c\u5bff\u547d\u548c\u6709\u4ef7\u503c\u7684\u7eff\u8272\u91d1\u5c5e\u7684\u7ec4\u5408\uff0c\u5b83\u7684\u8303\u56f4\u751f\u4ea7\uff0c\u4ee3\u8868\u4e86\u8be5\u884c\u4e1a\u7684\u72ec\u7279\u673a\u4f1a\u3002\u201d \u516c\u53f8\u9884\u8ba1\uff0cGonneville\u6709\u6f5c\u529b\u63d0\u4f9b\u5bf9\u5168\u7403\u8131\u78b3\u548c\u57ce\u5e02\u5316\u81f3\u5173\u91cd\u8981\u7684\u5927\u91cf\u91d1\u5c5e\u3002\u5982\u679c\u4e0d\u5f00\u53d1\u8fd9\u6837\u7684\u65b0\u6218\u7565\u9879\u76ee\uff0c\u9884\u8ba1\u4e16\u754c\u5c06\u65e0\u6cd5\u5b9e\u73b0\u4f9d\u8d56\u4e8e\u5feb\u901f\u90e8\u7f72\u6e05\u6d01\u80fd\u6e90\u548c\u7535\u6c14\u5316\u6280\u672f\u7684\u51c0\u96f6\u6392\u653e\u76ee\u6807\u3002 \u5c3d\u7ba1Chalice\u5728\u94bb\u63a2\u65b9\u9762\u53d6\u5f97\u4e86\u8fdb\u5c55\uff0c\u4f46\u8be5\u516c\u53f8\u9884\u8ba1\u8981\u52302025\u5e74\u4e2d\u671f\u624d\u80fd\u5b8c\u6210\u5176\u9884\u53ef\u884c\u6027\u7814\u7a76\u3002 \u6b64\u540e\uff0c\u5982\u679c\u4e00\u5207\u6309\u8ba1\u5212\u8fdb\u884c\uff0c\u9884\u8ba1\u7b2c\u4e00\u6279\u751f\u4ea7\u5c06\u4e8e2029\u5e74\u5f00\u59cb\u3002 \u53d7\u6b64\u6d88\u606f\u5f71\u54cd\uff0c\u516c\u53f8\u80a1\u4ef7\u5468\u4e09\u6536\u8dcc25.2%\uff0c\u4f4d\u5c45ASX200\u6307\u6570\u8dcc\u5e45\u699c\u9996\u4f4d\u3002 \u672c\u5468\u56db\uff0cChalice\u80a1\u4ef7\u76d8\u4e2d\u518d\u5ea6\u4e0b\u8dcc5%\uff0c\u4e24\u65e5\u8dcc\u5e45\u5f55\u5f97\u4e09\u6210\u3002 \u516c\u53f8\u80a1\u4ef7\u4e00\u5e74\u8d70\u52bf\u56de\u987e\uff1a \u3010\u66f4\u591aCHN\u516c\u544a\u548c\u80a1\u4ef7\u8d70\u52bf\u8bf7\u70b9\u51fbCHN\u4e2a\u80a1\u9875\u9762\u3011 \u6d88\u606f\u6765\u6e90\uff1a \u516c\u53f8\u516c\u544aGonneville Nickel-Copper-PGE Project Scoping Study","rel":"","context":"In "Gold and Copper"","block_context":{"text":"Gold and Copper","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/goldcopper\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=8224"}],"version-history":[{"count":2,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8224\/revisions"}],"predecessor-version":[{"id":8227,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/8224\/revisions\/8227"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=8224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=8224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=8224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}