A Fully Permitted Copper Project in the Heart of Michigan? | Highland Copper with Barry O’Shea
In this interview at the Red Cloud Fall Mining Showcase 2024, Barry O’Shea from Highland Copper (TSXV: HI) provides comprehensive insights into the company’s copper projects and their strategic position in the market.
O’Shea begins by discussing the current state of the copper market, touching on demand trends and price dynamics that are favorable for copper producers. He then highlights Highland Copper’s two significant projects in Michigan, Copperwood, a fully permitted project with 3.7 billion pounds of copper, and a joint venture project with 5.4 billion pounds of copper.
O’Shea emphasizes Michigan’s favorable mining jurisdiction, including potential state incentives. This supportive regulatory environment could be a key advantage for project development and operations. He also discusses the company’s shareholder structure, with Orion Mine Finance owning 28% of the company.
Looking ahead, O’Shea outlines several key catalysts for investors to watch including the potential approval of a $50 million grant from Michigan, ongoing site work, and progress on detailed engineering for project financing.
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