Bridging Money and Real World Assets: Dive into the Bullish Copper Market !

• By purchasing Tempestas Copper Assets at the current daily market price, you receive the irrevocable rights to the amount of copper tied to the Tempestas Copper Assets.

Invest in mineable and secured Tempestas Copper Assets, start with 1 pound of copper and

Get Your Bonuses Today. 

Peru Set to Expand Copper Production Significantly

Major Mining Expansion Approved in Peru
The Ministry of Energy and Mines in Peru has recently approved a significant expansion of the Cerro Verde copper mine, a move that heralds a major boost in the nation's copper production capabilities. With a budget of $600 million, this project in the Arequipa region is set to increase the daily milling rate of ore significantly.

Cerro Verde: A Key Player in Copper and Molybdenum Production
Cerro Verde plays a crucial role in Peru's mining sector, accounting for nearly 19% of its copper output and 34% of its molybdenum production. The mine boasts one of the largest concentrating facilities globally, handling over 400,000 metric tons of ore each day. The expansion is expected to push this figure to 420,000 metric tons daily from 2026 through 2044, with operations projected to continue until the reserves are depleted around 2052.

Strategic Developments Across Multiple Projects
This expansion is part of a broader strategy that includes several other mining projects across Peru. Developments at Cotabambas, Antakori, Conga and Galeno, La Granja, and Michiquillay are set to elevate Peru's copper production to four million tonnes annually, positioning it close to Chile's output levels.

Boost for Gold Mining Projects
In addition to copper, the ministry has also approved a revised environmental impact assessment for the Tantahuatay gold project. This project is part of a larger initiative to tap into the gold-silver potential of the region, further underlining the country's rich mining landscape.

Sustainable Mining and Economic Support
The Ministry emphasizes the role of sustainable mining practices in supporting Peru’s economy. The sector not only bolsters the national economy but also funds critical infrastructure and electrification projects, aiming to enhance the quality of life for its citizens.

This series of expansions and new projects are set to transform Peru into a powerhouse of mineral production, with long-term benefits expected for both the local economy and the global minerals market.

Bird Flu Alert in US Dairy Cow

Detection at Meat Processing Plant

A dairy cow sent to a meat processing facility in the United States tested positive for bird flu in its tissue samples, as announced by the U.S. Department of Agriculture. The cow was one of 96 tested under a routine meat safety study, with no other cattle showing signs of the virus.

Preventive Measures Ensure Food Safety

To prevent any risk to public health, the meat from the affected cow was barred from entering the food supply chain. This incident highlights the increased vigilance of agriculture and health officials, who have intensified the testing of meat, dairy products, and livestock following the recent bird flu outbreak in dairy cattle.

Broader Testing and Results

The USDA has been conducting extensive testing on beef tissue from dairy cattle, particularly those condemned for systemic diseases, using PCR testing techniques. These tests do not specify whether the detected virus is alive or in fragments. Similarly, the U.S. Food and Drug Administration confirmed the presence of viral particles in pasteurized milk from retail stores, though these particles were not viable. The administration continues to advise against the consumption of raw, unpasteurized milk.

System Checks and Food Safety Confirmation

The USDA's proactive measures during routine inspections identified the sick cow, preventing its meat from potentially contaminating the food supply. These measures reinforce the effectiveness of the existing food safety protocols, assuring the public of continued diligence in monitoring and addressing food safety risks.

Overall Safety and Additional Studies

In response to this incident and in alignment with ongoing safety studies, the USDA has confirmed the absence of bird flu in other tested beef products, including ground beef, even when subjected to cooking tests that simulate typical preparation conditions. The agency's efforts are part of a broader strategy to manage and contain any threats posed by bird flu in the agricultural sector.

Silver's Brightening Prospects Amidst Gold's Rise

Silver Responds to Gold's Rally

A significant upswing in silver prices has been noted, driven by increasing investor confidence in bullish trends for gold. The gold-to-silver ratio, a key indicator of relative value between the two metals, has sharply declined, reaching its lowest level since the transition from late 2022 to early 2023. Despite a recent dip in precious metal prices, this ratio has remained near these historic lows.

Rising Investor Interest in Silver

Silver is attracting attention from investors who may have previously ignored the uptrend in gold, as well as from those in search of more volatile trading opportunities. This heightened interest is supported by a surge in risk-on sentiment and robust performances in the industrial metals sector, contributing to a significant price breakout.

Supply and Demand Dynamics Favoring Silver

The supply and demand dynamics for silver are currently in the spotlight, with existing tight conditions providing further support for the metal's increasing value. These market conditions, coupled with the ongoing momentum in precious metals, suggest a potential for considerable gains in both gold and silver markets in the near future.

Optimistic Outlook for Silver's Market Performance

The outlook for silver remains highly optimistic, with projections indicating substantial upside risks. This positive market sentiment suggests that any downturns might be followed by an even stronger recovery, hinting at a robust resurgence in silver prices after any temporary declines.