29M sinks while copper rips

Money of Mine

26-03-2024 • 54 mins

We start todays show with the most eye-catching story, the unfortunate announcement that 29M have suspended operations and are back to square one at Capricorn Copper.

Following on with the Copper theme, we discussed the eye-catching rumours that Copper treatment charges have dipped negative, as well as Abu Dhabi’s largest company looking to hijack a Copper mine sale in Zambia.

Next, we delved into Minerals Sands struggler Strandline (STA) then onto copper hopeful Firefly (FFM) who’re raising a chunky $52m.

We round off the day with a couple colourful stories on Nova Minerals (NVA) plus a brief update on Centaurus (CTM).

All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.

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(0:00:00)Introduction

(0:02:00)29M struggle to keep head above water

(0:21:03)Negative TCRC's in copper?

(0:29:19)The hijacking of a Zambian copper mine sale

(0:36:08)Strandline feeling the squeeze

(0:40:48)Firefly launch chunky $52m raising

(0:44:28)Fun facts about Nova Minerals

(0:46:36)Centaurus rejig their plans