Member Info for billybigwig

Coppers going at it again

Troajan. Yes of course :-) glencore is heading back to £4 and above ;-)

Troajan.yep I read your posted links at the time...copper is the new gold

The last post always gets me

Troajan yeah soon be summer :-))

I've said it before I believe glencore is going to re visit its IPO price soon

Troajan I totally agree that's why I'm sat holding a shed load of these ..I totally believe this will come good . In respect of the SP I've got a figure in mind to sell and its aclong way off .if the divi goes back to what it wascor even increases ill keep hold

Thats some hefty fooking buying in thats is 88 million shares bought holy fooking sheet

Looks like someone has topped up ..
16-Apr-21 10:44:46 303.95 16,347,044 Buy* 50m O
16-Apr-21 12:19:36 303.95 10,850,650 Buy* 33m

Troajan what was you buy in price for glencore?

Troajan in that 10 years we've made a few quid ... Lost fooking loads mind you but at least we've made a few quid ;-)))

. Glencore – 1.26 million tonnes
Swiss-headquartered mining and commodity trading company Glencore produced 1.26 million tonnes of copper in 2020 – an 8% decline compared to the previous year.

The company operates copper mining projects in key mining regions of Australia, Africa and South America.

Glencore’s major copper mines include interests in the Antamina open-pit mine, located in the Peruvian Andes, as well as Chile’s Collahuasi mine. In Australia, it operates the Ernest Henry, Mount Isa and CSA mines.

The company also has a significant footprint in the Democratic Republic of Congo (DRC), where it mines copper alongside cobalt at the Katanaga and Mutanda mines. The DRC by far the world’s largest cobalt producing country, and Glencore has established itself as one of the top producers of this metal via these operations.



5. Southern Copper – 1 million tonnes
Founded in 1952 and currently a subsidiary of Grupo Mexico with headquarters in Mexico City, Southern Copper ranks fifth among the world’s largest copper mining companies.

In 2020, it produced just over one million tonnes of the metal, a slight increase on the previous year.

An integrated producer of copper and various minerals, Southern Copper operates mining, smelting and refining facilities in Mexico and Peru. Its major mining operations include Peru’s Toquepala and Cuajone mines and Mexico’s Buena Vista del Cobre (aka Cananea) and La Caridad mines.

Apart from copper operations, Southern Copper is also a major refiner of gold, silver, zinc, lead and molybdenum. Almost 80% of the Mexican miner’s revenue is generated through the sale of copper

Troajan. And early too ;-))...The world’s top five largest copper mining companies in 2020


1. Codelco – 1.73 million tonnes
Founded in 1955 and nationalised in 1971, Santiago-headquartered Corporación Nacional del Cobre de Chile, also known as Codelco, is the world’s top copper mining company.

In 2020, it produced 1.73 million tonnes of copper, which was a 1.3% increase on the previous year.

Chile is home to the world’s largest reserves of copper, estimated at around 200 million tonnes.

Codelco mines many of these Chilean reserves, including the El Teniente project (the world’s largest underground copper mine), and Chuquicamata (the second-deepest as well as one of the largest open pit mines in the world).



2. BHP – 1.72 million tonnes
Anglo-Australian miner BHP ranks highly among the world’s largest copper mining companies, producing 1.72 million tonnes in its 2020 financial year (ending June 2020) – a 2% year-on-year increase.

In the 2020 calendar year, its copper production measured 1.68 million tonnes.

BHP jointly owns the world’s largest copper mine – the Escondida project in Chile – alongside partners Rio Tinto and JECO.

The diversified miner operates a number of other copper mines in Chile, including the Spence project, as well as the Olympic Dam mine in South Australia.

In partnership with Rio Tinto, BHP is seeking to advance the Resolution Copper project in Arizona, US, which is expected to yield around 18 million tonnes of copper over its planned lifetime.

Mining machinery at the Spence copper project in Chile (Credit: BHP)
3. Freeport-McMoRan – 1.45 million tonnes
Headquartered in Phoenix, Arizona, US miner Freeport-McMoRan produced 1.45 million tonnes of copper in 2020, a 1.3% year-on-year decline.

The international natural resources company, which is engaged primarily in the mining of copper, molybdenum and gold, is also the world’s largest producer of molybdenum.

Its major mining interests include the Grasberg copper-gold deposit in Indonesia – the world’s biggest gold mine – and the Morenci mine in Arizona, which is one of the largest copper deposits in North America.

In total, the company operates seven open-pit copper mines in North America, as well as two molybdenum operations. It also has two copper mines in South America – Cerro Verde in Peru and El Abra in Chile.



4. Glencore – 1.26 million tonnes
Swiss-headquartered mining and commodity trading company Glencore produced 1.26 million tonnes of copper in 2020 – an 8% decline compared to the previous year.

The company operates copper mining projects in key mining regions of Australia, Africa and South America.

Glencore’s major copper mines include interests in the Antamina open-pit mine, located in the Peruvian Andes, as well as Chile’s Collahuasi mine. In Australia, it operates the Ernest Henry, Mount Isa and CSA mines.

The company also has a significant footprint in the Democratic Republic of Congo (DRC), w

Troajan if it hadn't of been for this pandemic can you imagine where glencore SP would be? £5?

Qz. I always knew it was worth £4 plus .. :-)) yeah and a good few months to come

TUT TUT QZ you on the sauce?

European stock markets opened higher on Friday, as investors cheered record first quarter growth in China.

In London, the FTSE 100 (^FTSE) rose 0.5% after opening, soaring above the 7,000 points level for the first time since February 2020, while the French CAC (^FCHI) climbed 0.2% and the German DAX (^GDAXI) was 0.3% higher.

Stocks were supported by strong Chinese growth numbers published overnight. Gross domestic product (GDP) in the world’s second largest economy jumped 18.3% in the first quarter, according to official data.

While this was below the 19% forecast by economists in a Reuters poll, it was the fastest growth since quarterly records began in 1992, and up from 6.5% in the fourth quarter of last year.

"The upshot is that with the economy already above its pre-virus trend

:-))) and again ...greggs is pushing closer to £24 ..not £6.50:-))) gregg Wallace come on get real please!..good job greg Wallace has a career then ;-)))

Ftse 7000 and counting ;-))

Eviking. Patience matey PATIENCE PATIENCE.. in a dads army don't panic voice :-)))