Silver Joining Copper In Upcoming Supply Crunch
Still, exploration expenditures and planned capacity increases do not reflect the magnitude of projected demand growth for copper, analysts say. In response to these challenges, big mining corporations have attempted to garner social licenses to operate increasingly large mines, generating project development more tricky and time-consuming, Schodde stated. “Copper mines never develop on trees,” Robert Friedland, founder and executive co-chair of Ivanhoe Mines Ltd., said on an Aug. 15 earnings call. The international natural sources organization, which is engaged mainly…