Is the world running out of copper just when we need it most? — via financialpost
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Here’s one piece of data: In the 1990s, on average, 11.5 major copper deposits were discovered each year. In the following decade, 9.4 major copper deposits were discovered on average a year. But between 2010 and 2019, there were on average only 1.9 major copper deposits discovered each year. Ferguson and Murphy explain some of the reasons for the decline in discoveries and why some mining companies may now favour buying existing mines rather than searching for brand new deposits. As always the interview is edited for clarity and brevity.If you have any questions about the show, or if there are topics you want us to tackle, email us:
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