Giant Mining Corp ( (TSE:BFG) ) has shared an announcement.
Giant Mining Corp has announced its commitment to bolstering the USA’s domestic copper supply amidst potential tariffs on copper imports. The company plans to launch exploration and development drilling at its Majuba Hill Deposit in Nevada. This initiative aligns with the recent executive order by President Trump, which calls for an investigation into the national security implications of copper imports. The order aims to reduce the USA’s dependence on foreign copper, which currently constitutes about 45% of its supply, and to enhance domestic production capabilities, crucial for manufacturing, infrastructure, and defense industries.
More about Giant Mining Corp
Giant Mining Corp is a company in the mining industry, focusing on the exploration and development of copper, silver, and gold deposits. Its primary market focus is on strengthening the domestic copper supply in the USA, particularly through its flagship project, the Majuba Hill Copper-Silver-Gold Deposit in Nevada.
YTD Price Performance: 60.67%
Average Trading Volume: 532,546
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.9M
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