According to the ResourceWorld, Europacific Metals Inc. is working to develop a basket of gold, and gold copper projects in Portugal, a modern European country with first class infrastructure and a history of mining that dates back to the Roman Empire.
By securing access to new copper and gold reserves through its exploration efforts, Europacific believes that its shareholders will benefit from potentially lucrative opportunities in a global market that is hungry for such metals.
The strategy is led by CEO and director Karim Rayani, a financier and management consultant who has been involved in funding domestic and international mineral exploration for the past 20 years. He believes that due to increasing demand for copper, driven by infrastructure projects, renewable energy initiatives, and electric vehicle adoption, the market is facing a potential supply-demand imbalance. The result, he believes, will be higher prices that will benefit producers.
Portugal is thought to be the right venue for this strategy as the country hosts world-class mineral deposits such as Neves-Corvo, Panasqueira and Aljustrel, one of the European Union’s major producers of tin, lithium and tungsten.
By securing access to new copper and gold reserves through its exploration efforts, Europacific believes that its shareholders will benefit from potentially lucrative opportunities in a global market that is hungry for such metals.
The strategy is led by CEO and director Karim Rayani, a financier and management consultant who has been involved in funding domestic and international mineral exploration for the past 20 years. He believes that due to increasing demand for copper, driven by infrastructure projects, renewable energy initiatives, and electric vehicle adoption, the market is facing a potential supply-demand imbalance. The result, he believes, will be higher prices that will benefit producers.
Portugal is thought to be the right venue for this strategy as the country hosts world-class mineral deposits such as Neves-Corvo, Panasqueira and Aljustrel, one of the European Union’s major producers of tin, lithium and tungsten.
