Report

Quaterra Resources Inc. (TSXV: QTA / OTC: QTRRF) - Initiating Coverage – Undervalued Portfolio of Copper Assets in Nevada and Alaska

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Underlyings
Coeur Mining Inc

Freeport-McMoRan Inc.

Freeport-McMoRan is a holding company. Through its subsidiaries, the company is a mining company. The company operates assets with proven and probable reserves of copper, gold and molybdenum, and the company is a publicly traded copper producer. The company's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits; and mining operations in North America and South America, including the Morenci minerals district in Arizona and the Cerro Verde operation in Peru. The company has organized its mining operations into four primary divisions: North America copper mines, South America mining, Indonesia mining and Molybdenum mines.

Hecla Mining Company

Hecla Mining and its subsidiaries discover, acquire and develop mines and other mineral interests and produce and market concentrates, carbon material and dore containing silver, gold, lead and zinc. The company has five units: the Greens Creek, Lucky Friday, Casa Berardi, San Sebastian and Nevada Operations units. The company produces zinc, lead and bulk flotation concentrates at its Greens Creek unit and lead and zinc flotation concentrates at its Lucky Friday unit, each of which the company sells to custom smelters and metal traders on contract. The company also produces unrefined gold and silver bullion bars (dore), loaded carbon and precipitates at its Casa Berardi, San Sebastian and Nevada Operations units.

Kinross Gold Corporation

Kinross Gold is engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation, West Africa and worldwide. As of Dec 31 2013, Co.'s proven mineral reserves for gold and silver were 1,122 ounces and 1,179 ounces respectively.7,883 7,883 7,883

Mason Resources

Mason Resources Corp is a Canada-based company, which core business is the exploration and development of mineral properties in the United States. The Company has not yet commenced any operations.

Nevada Copper

Nevada Copper is an exploration stage mining company engaged in the exploration and development of copper projects located in the U.S.

Northern Dynasty Minerals Ltd.

Quaterra Resources Inc.

Quaterra Resources is an exploration stage company engaged in the exploration and development of its copper properties in Nevada, United States of America.

Rio Tinto plc

Rio Tinto is engaged in finding, mining and processing mineral resources. Co. has four product groups: iron ore, which supplies the global seaborne iron ore trade; aluminium, which includes bauxite mines, alumina refineries, and aluminium smelters; Copper and Diamonds, which has managed operations in Australia, Canada, Mongolia and the U.S., and non-managed operations in Chile and Indonesia, with by-product including gold, silver, molybdenum and others such as sulphuric acid, rhenium, and lead carbonate; and Energy and Minerals, which comprises mining, refining and marketing operations across borates, coal, iron ore concentrate and pellets, salt, titanium dioxide and uranium sectors.

Sumitomo Corporation

Sumitomo is a trading company conducting commodity transactions in all industries utilizing worldwide networks. Co. is engaged in the trading of range of goods and commodities; the planning, coordination and operation of urban and industrial infrastructure projects; consulting in areas such as system integration and technology development; transportation and logistics; investing in a variety of industries ranging from biotechnology to communications; developing natural resources; manufacturing and processing products such as steel products and textiles; developing and managing real estate; and operating retail stores.

Teck Resources Ltd. Cl A

Provider
Fundamental Research
Fundamental Research

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Analysts
Sid Rajeev

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