RSS SubscribeMajor copper discoveries scarce as industry shuns greenfield exploration
From Mining.com
Major new copper discoveries are becoming scarcer globally, with older deposits carrying the bulk of the reserve growth over the last decade as the industry trends away from early-stage exploration, according to a recent study by S&P Global.
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#Copper
BHP says we need to put the eq production of one Escondida per year, starting now, into production. Ain’t gonna happen – Rick
https://www.mining.com/bhp-forecasts-annual-copper-demand-growth-of-1-million-tonnes-through-2035/
BHP (ASX, NYSE: BHP) projects that global copper consumption will increase by an additional 1 million tonnes annually, on average, until 2035. This is largely due to the adoption of copper-intensive technologies, doubling the growth rate seen over the past 15 years.