Energy & Mining International - Spring 2011 - (Page 34)

E M I AQM COPPER INC. LATIN AMERICA SPRING 2011 ‘Super Cycle’ to the Rescue AQM Copper Inc.’s strategy is to continue exploring for copper while the demand is high for the foreseeable future. [ BY RUSS GAGER ] AQM Copper drills at one of its sites in South America.. “We think we’re in a super cycle of commodities, and for the next 30 years, commodities will be good investments.” // STEPHANIE ASHTON, director and CFO When miners talk about getting back to the grass roots, they mean it literally. However, in the arid regions of Chile – the largest copper-producing country – grass roots are hard to find. “I know mostly Chile and Peru, and from what I see, people are starting to now go after grass roots properties,” Director and CFO Stephanie Ashton reports. “It’s very hard to ﬁnd a property that has information on it that you can acquire and develop.” She notes no money was spent on copper exploration between 1998 and 2003 because copper prices were low. After prices rose between 2003 and the economic crash of 2008, prices once again have dropped. “The world is going to be faced with higher copper prices and gold prices for the future, because the cost of finding and developing mines has gone up, and the grades of mines have gone down, so you have to process more material to get the same amount of copper,” she says. “We think we’re in a super cycle of comPROFILE AQM Copper Inc.. www.aqmcopper.com | Market Capitalization: $100 million | Headquarters: Santiago, Chile Specialty: Discovering and developing copper deposits | Employees: 80 34 emi-magazine.com http://www.emi-magazine.com

Table of Contents for the Digital Edition of Energy & Mining International - Spring 2011

Energy & Mining International - Spring 2011
Contents
Clean Fuel
Satellites Are Key
Good Vibrations
News
Latin America Focus
Minera Andres
Ventana Gold Corp.
Zincore Metals
AQM Copper Inc.
Canada Focus
Jacobs Engineering Group Inc.
Fladgate Exploration Consulting Corp.
Aurizon Mines
JV Driver
Alderon Resource Corp.
Detour Gold Corp.
Prairie Machine & Parts
Pumps & Pressure Inc.
Yukon-Nevada Gold Corp.
Explor Resources Inc.
Trelawney Mining and Exploration Inc.
Advantage Valve Maintenance Ltd.
Silverman Oilfield Services
Rhino Resource Partners LP – Hopedale Mining LLC
Kimble Cos. Inc.
McVay Drilling Co.
MaXfield Inc.
Ellicott Dredges
Scientific Drilling
Becker/SMC Corp.
GasSearch Drilling Services
Crossrock Inc.
Frontier Services Inc.
Fulcrum BioEnergy Inc.
Summit Midstream Partners
Black Hills Bentonite LLC
Energy Companies
The Final Shot

Energy & Mining International - Spring 2011