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Copper is a key part of the energy transition, but as demand increases and large mines reach the end of their lives, questions are being raised about where future supply will come from.
Teo Dechev, CEO, president and director of prospect generator Mundoro Capital, said the process of finding an economic deposit can take a decade, if not longer. But the metal is definitely out there.
“It’s I think a little bit of a simplification for our industry to say that there isn’t really any copper on the planet,” she said. “There’s lots of copper — but economic, long-term, sustainable copper is more difficult to find.”
#Investing #Mining #Copper
0:00 – Intro
0:26 – How prospect generation works
3:04 – Are large miners still exploring?
4:50 – Copper market dynamics
6:41 – Finding economic copper deposits
9:30 – Mundoro’s 2023 drilling plans
11:43 – Current challenges for explorers
14:15 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
