CAPITAL MARKETS

Troubadour joins TSXV

Copper hopeful Troubadour Resources (TSXV: TR) is set to list on the TSX Venture Exchange today as a tier two mining issuer as the red metal price remains buoyant.

Staff reporter
Troubadour lists in rising copper market

Troubadour lists in rising copper market

The copper price remained above US$7,300 a tonne on the London Metal Exchange on Friday as concerns surround wage negotiations at the BHP-run Escondida, the world's biggest copper mine, where failed talks led to a six-week strike last year.

Troubadour describes its flagship project, Amarillo, as in the heart of a major copper-molybdenum mining district in south-western British Columbia.

It is planning an immediate geophysical programme to delineate targets for a drilling programme later this year.

President Geoff Schellenberg thanked shareholders for their patience during the listing process.

"The company has not been idle, and the extra time has permitted us the ability to hit the ground running," he said.

Elsewhere among the majors, BHP (ASX: BHP) was barely changed in afternoon Australian trade and remains close to its 52-week high reached last month.

In London, Rio Tinto (LSE: RIO) hit a 52-week peak last week, as did Teck Resources (TSX: TECK.B) in Canada.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.