trending Market Intelligence /marketintelligence/en/news-insights/trending/TQlol8v3vA2Sw0WbOqrCQw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Deep-South signs deal to sell 20% of future copper production from Haib

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020

Deep-South signs deal to sell 20% of future copper production from Haib

Deep-South Resources Inc. said March 8 that it entered into an off-take agreement with Euro Alloys Ltd. for 20% of the expected annual production from the Haib copper project in Namibia.

Euro Alloys holds an 8.04% stake in Deep-South, while Teck Resources Ltd. holds about 35% of the company.

Under the deal terms, Euro Alloys will have the right to buy up to 20,000 tonnes per annum of the expected copper cathodes production from Haib.

The purchase price will be established by the average grade A copper cash price published by the London Metal Exchange for the month prior to the acquisition. The price will be discounted at US$10 per tonne, as well as discounted of the transport cost to load port.

Euro Alloys has also been granted an option to acquire 1 million shares in Deep-South at 15 Canadian cents apiece during a 12-month period from the date of the agreement.

The company holds the right to appoint a director to Deep-South's board, with nomination subject to the TSX Venture Exchange approval.