Long-section view of the Ming North Upper Zone underground diamond drilling program looking west<\/figcaption><\/figure>\nThere is federal financial support for carbon emissions reduction in Canada as well as environmental improvement projects more generally. Rambler aims to apply for these funds wherever possible to assist further in the evaluation and implementation of these initiatives.<\/p>\n
Critical minerals<\/h3>\n Canada has designated copper as a critical mineral and there are pools of funding and allowances to encourage the exploration for and development of copper resources. Rambler will seek to maximise these opportunities.<\/p>\n
As the world seeks to reduce carbon emissions, the drive towards renewable energy will push the demand for copper, both in terms of electricity generation and transmission, such as for wind farms, and in consumption, such as motors for electric vehicles (EVs). New copper projects coming online are scarce, frequently low grade requiring high capital investment, and often in challenging parts of the world.<\/p>\n
Rambler is well-placed to supply the market with a quality copper product. In the future, the provenance and the carbon content of materials will become increasingly important, and Rambler can capitalise on its sustainability attributes.<\/p>\n
Targeting investor appreciation<\/h3>\n Understanding what has changed and why Rambler is in a different space is key for investors to appreciate the true value potential of the company.<\/p>\n
The historical performance of Ming Mine is just that, history. Previously, Ming Mine was never developed sufficiently to support the level of production that was expected of it. Underperformance and disappointment were unavoidable.<\/p>\n
Despite the challenges of a weak balance sheet, Rambler has turned a corner. The company is well-developed with the right skills and is becoming increasingly resilient to the challenges that it has progressively addressed.<\/p>\n
An operating and cash-generative copper-gold mine in Newfoundland, Canada, producing at an annualised rate of 8,000 tonnes copper per annum with a goal to produce around 25,000 tonnes of copper per year, plus its significant exploration potential, should have a value of several hundreds of millions of dollars in today\u2019s market.<\/p>\n
The true value of Rambler makes the current balance sheet, as well as future capital growth requirements, eminently manageable issues from which shareholders can realise significant upside.<\/p>\n
Rambler is gaining the attention of investors that have moved to the next chapter.<\/p>\n
Please note, this article will also appear in the eleventh edition of our\u00a0<\/em><\/strong>quarterly publication<\/strong><\/em><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Rambler\u2019s high-grade copper-gold mine is poised for take-off, both operationally and through its expansion and exploration potential.<\/p>\n","protected":false},"author":15,"featured_media":24636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204],"tags":[24203,529,24335,24411],"acf":[],"yoast_head":"\n
Rambler Canada\u2019s billion-pound copper mine about to show its metal<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n