Liberty Star Uranium & Metals's Profile

Liberty Star Uranium & Metals Corp. (LBSR:PINK) is an Arizona-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the states of Arizona and Alaska. Currently the company controls properties totaling approximately 26,011 acres (about 41 square miles) which are located over what management considers some of North America’s richest mineralized regions for copper, gold, silver, molybdenum (moly), and uranium.
Liberty Star Uranium & Metals
Symbol
LBSR
Exchange
PINK
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3,900,060,432 as of 12/26/2018
Industry
Metals & Minerals
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Liberty Star Uranium & Metals's Bulletin

Dear shareholder, Thank you for your inquiry. Your question will be forwarded to management for review. Regards, AGORACOM
Dear member, Thank you for your inquiry, your question has been forwarded to management for review. Regards, AGORACOM
By David Hodari and Amrith Ramkumar Jan. 18, 2019 10:24 a.m. EST Copper prices rose for the seventh time in the past nine sessions on Friday, lifted by optimism that the U.S. and China will be able to reach a trade agreement and support global growth. Copper for March delivery rose 0.4% to $2.6910 a pound on the Comex division of the New York Mercantile Exchange. Prices are down about 18% from their June four-year highs, hurt by fears that a weaker global economy will lower consumption of materials heavily used in construction and manufacturing. However, signs that a monthslong tariff fight between the U.S. and China could be resolved have helped industrial materials rebound lately. Copper prices climbed for the seventh time in the past nine sessions on Friday. Photo: ruben sprich/Reuters On Thursday, The Wall Street Journal reported that U.S. officials are debating ratcheting back tariffs on Chinese imports. “Although it doesn’t appear immediately clear that there’s certainty around [possible tariff reductions], I think the bigger impact is more what wouldn’t happen,” said Ross Strachan, commodities economist at Capital Economics. “So far it’s been more the threat of further escalation would have had a bigger impact, and that being taken away is improving sentiment.” Because China is the world’s largest commodity consumer, accounting for about half of global copper demand, weaker economic data from the country and the fear tariffs will slow growth further have battered metals prices. On the London Metal Exchange, aluminum for delivery in three months fell 0.1% to $1,856 a metric ton. Zinc rose 1.1% to $2,574, tin edged up 0.4% to $20,660, nickel added 0.9% to $11,680 and lead rose 1% to $1,983.50. Among precious metals, most-active Comex gold futures for February delivery fell 0.8% to $1,282 a troy ounce, hurt by a stronger dollar that makes commodities more expensive for overseas buyers and higher Treasury yields that make gold less attractive because if offers no yield. Most-active silver futures fell 0.9% to $15.40 a troy ounce, platinum dropped 1.4% to $801.10 and palladium fell from a record high, recently trading down 1.2% at $1,332.20. Write to David Hodari at David.Hodari@dowjones.com and Amrith Ramkumar at amrith.ramkumar@wsj.com Source: https://www.wsj.com/articles/copper-rises-as-u-s-considers-cutting-china-tariffs-11547825054
By Daniel Brightmore . Jan 07, 2019, 3:10PM Global copper demand will continue to rise in 2019. According to the latest analysis from Fitch Solutions the market is under supplied with demand set to increase from 23.6mnt in 2018 to 29.8mnt by 2027 - at 2.6% annual growth. Fitch warns that global consumption, driven by the EV revolution and increasing demand from China’s power and infrastructure sectors, will continue to ramp, surging ahead of supply growth. Global copper mine production will see steady growth over the next few years, supported by markets with low operating costs and improving copper prices. Fitch forecast that global copper production to increase by an average annual rate of 3.6% over 2018-2027 as a number of key new projects and expansions come online. In terms of volume, Fitch expect global copper output to climb from 20.4mnt in 2018 to 28.1mnt by 2027. Rising copper prices in the coming years will incentivise project development, particularly in key countries such as Chile, Peru and Australia. Chile will remain a global leader in sustainable mining initiatives, supported by well-established mining industries, stable operating environments and commitment to clean energy. Miners will increasingly switch to seawater, instead of scarce freshwater sources, and increase renewable energy use, leveraging Chile's significant solar and wind power capacity. Codelco and BMW have announced the 'Responsible Copper Initiative', aimed at improving the commitment to ecological and social responsibility in the copper industry.  Fitch predicts Peru's copper sector will see steady production growth over the coming years, supported by a strong project pipeline, competitive operating costs and rising copper prices. The country's copper output is forecast to increase from 2.5mnt in 2018 to 3.8mnt by 2027, averaging 4.7% annual growth with Southern Copper driving the country's production growth. Australia’s copper production is forecast to deliver 3.1% annual growth ramping from 938,000 tonnes in 2018 to 1.25mnt in 2027. Fitch expects the global copper deficit to shrink from 2021, eventually shifting into oversupply as new copper projects come online. Source: https://www.miningglobal.com/sustainability/global-copper-demand-rise-2019