The current copper price is still too low for new deposits to be developed. There is a consensus that the demand for copper will increase significantly over the next few years. Data centers, the energy transition, wind and solar power and even armaments need copper. More copper needs to be used in renewable energies and the electromobility sector than in conventional systems. Power grids need to be modernized and expanded due to growing global electricity consumption. Bottlenecks in the global copper supply are inevitable. And the time from copper discovery to the start of production is long and causes high costs. Approval procedures are often complicated. As a result of the global energy transition, copper is therefore undergoing a transformation. BHP Billiton, for example, forecasts that global copper demand will increase by around 70 percent to more than 50 million tons per year by 2050.
BHP Billiton operates the world's largest copper mine in Chile. Copper production in Chile fell to a 20-year low. However, the expected high demand for copper seems to have had an impact since 2024. There is more investment in existing mines again, for example by BHP Billiton, as well as new production-enhancing technologies. This is because ore grades are falling, and copper is in high demand
As copper is indispensable for the transition away from fossil fuels, some mining companies are focusing on the raw material, such as Mogotes Metals - https://www.commodity-tv.com/ondemand/companies/profil/mogotes-metals-inc/ - with projects in Argentina and Chile. The Filo Sur copper project in the Vicuña district (Argentina) is particularly noteworthy. The company has just added important exploration areas there.
In Saskatchewan, Foran Mining - https://www.commodity-tv.com/ondemand/companies/profil/foran-mining-corp/ - owns nine properties containing copper, zinc, gold and silver. At the McIlvenna Bay deposit, 100% owned by the company, the winter drilling program is underway and is expected to cover over 30,000 meters. Drilling results from 2024 have already been very encouraging.
Current company information and press releases from Foran Mining (- https://www.resource-capital.ch/en/companies/foran-mining-corp/ -) and Mogotes Metals (- https://www.resource-capital.ch/en/companies/mogotes-metals-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
BHP Billiton operates the world's largest copper mine in Chile. Copper production in Chile fell to a 20-year low. However, the expected high demand for copper seems to have had an impact since 2024. There is more investment in existing mines again, for example by BHP Billiton, as well as new production-enhancing technologies. This is because ore grades are falling, and copper is in high demand
As copper is indispensable for the transition away from fossil fuels, some mining companies are focusing on the raw material, such as Mogotes Metals - https://www.commodity-tv.com/ondemand/companies/profil/mogotes-metals-inc/ - with projects in Argentina and Chile. The Filo Sur copper project in the Vicuña district (Argentina) is particularly noteworthy. The company has just added important exploration areas there.
In Saskatchewan, Foran Mining - https://www.commodity-tv.com/ondemand/companies/profil/foran-mining-corp/ - owns nine properties containing copper, zinc, gold and silver. At the McIlvenna Bay deposit, 100% owned by the company, the winter drilling program is underway and is expected to cover over 30,000 meters. Drilling results from 2024 have already been very encouraging.
Current company information and press releases from Foran Mining (- https://www.resource-capital.ch/en/companies/foran-mining-corp/ -) and Mogotes Metals (- https://www.resource-capital.ch/en/companies/mogotes-metals-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
