National Copper Inventories Decline as Shanghai and Guangdong See Lower Arrivals, Improved Consumption

White Cliff Minerals has reported high-grade drilling results from the Danvers target at its Rae copper project in Nunavut, Canada. Highlight hole DAN26012 intersected 19.8 metres grading 6.64% copper from 152.4 metres depth, including 7.6 metres at 11.38% copper and 3 metres at 17.68% copper. The interval also contained 1.5 metres grading 21.1% copper, marking the strongest result reported at the project to date. The company said drilling has now confirmed copper mineralization over a strike length of approximately 2.6 km, while surface mineralization suggests the broader system may extend beyond 4 km. White Cliff plans to continue drilling across the remaining target area before August to further evaluate resource growth potential.

Nearly 500 recycling projects are under development globally, with copper recycling among the fastest-growing segments. Rising demand for sustainable metal supply is driving investment into scrap processing and secondary copper production.

Osisko Metals has released the first results from its 2026 drilling campaign at the Gaspé copper project in Quebec, Canada. Hole 30-1196 intersected 80 metres grading 1.93% copper from a depth of 196 metres, including a higher-grade interval of 30 metres grading 3.49% copper. The company noted that several of the new intercepts are located within areas currently classified as waste rock in the mine plan, creating potential to add mineralized resources without expanding the pit footprint. Gaspé is one of the largest undeveloped copper resources in eastern North America, and Osisko continues to advance drilling aimed at resource expansion and future project development.