Giant Mining (CSE:BFG) is continuing to advance its Majuba Hill property towards production as the US Government looks to prioritise critical minerals projects with the America First strategy.
The US Administration is pushing to strengthen domestic copper supply chains under its Fast-Tracked Permitting, Defense Production Act, Federal Prioritisation of Copper, and Copper Tariffs to Reshore Production initiatives.
Giant Mining, which is also listed on the OTC Markets (OTC:BFGFF), and the Frankfurt Stock Exchange (FRA:YW5), notes copper related projects have in the US been listed under the FAST-41 scheme, which intends to expedite the environmental and land-use reviewing process for a quicker production turnaround.
Federal agencies are prioritising copper, rare earths, nickel, and lithium extraction in line with US orders.
CEO David Greenway says recent drilling at the property has exceeded Giant Mining beyond last year’s grades, marking the most recent season as the company’s “most ambitious and technically advanced” campaign.
“Under the strong leadership of President Trump, the United States has issued a clear call to action: secure the metals that power our energy independence, national defense, and critical infrastructure. Giant Mining stands ready to answer that call,” Greenway says.
“With Majuba Hill, we are proud to lead the charge in reshoring copper production, revitalizing US mining districts, and driving long-term value for shareholders – all while putting America First.”
As reported by Mining.com.au, copper is expected to face a 50% tariff under the US President’s recent orders, boosting its price to a 39.06% increase from this year to date.
The policy intends to reduce foreign supply chain noise and trigger local demand for copper.
Trading Economics has priced the commodity at US$5.53 ($8.42) per pound as of 9.00am (AEST) on 14 July.
Giant Mining is currently working with privately held RESPEC Engineering towards a mineral resource estimate of its property, incorporating pending drill results from the 2025 drill program. Results are expected shortly.
The company intends to engage with the US Government for funding under its critical mineral initiatives, with its upcoming summer drill program.
Located in Pershing County, Nevada, Giant Mining’s wholly owned Majuba Hill property previously recorded open copper mineralisation below surface, reaching up to 490m in all directions.
Historical work returned 2.8 million pounds of copper, 184,000 ounces of silver, 5,8000 ounces of gold, and 21,000 pounds of tin.
Write to Maddison Elliott at Mining.com.au
Images: Giant Mining
