Copper supply is under threat. But these Latin American explorers could unlock the next big discovery

How BHP aims to transform its copper business - Australian Resources & Investment

BHP’s Escondida copper mine in Chile. Image: BHPBHP chief executive officer Mike Henry has emphasised the company’s strategic focus on copper in a recent post to the company’s X account (formerly Twitter). “We want to grow in copper,” Henry said. “Over the next 20 years the world is going to need up to 70 per cent more copper.” In the post, BHP said it had the largest copper resource in the world, with a significant footprint in Chile and Austra…

Copper - the World's Most Reusable Resource - Red Cloud Financial Services Inc.

Source: Copper Development Association Inc.For nearly 5,000 years, copper was the only metal known to man. Today, it’s one of the most used and reused of our “modern” metals. Look closely at the next penny you see and consider these bright facts about copper:The copper on that penny maybe as old as the pharaohs, because copper has an infinite recyclable life. Copper, by itself or in any of its alloys, such as brass or bronze, is used over and ov…

GENEVA – An imminent shortage of copper could paralyze global shift towards clean energy and digital infrastructure, while global demand is expected to increase 40 percent by 2040, warned in its latest UN Trade and Development (Unctad) report. Copper “is no longer just a raw material: [...] This article Shortage of copper risks global shift towards clean energy was originally published in IPS News Agency

Global demand for copper is expected to increase by more than 40% by 2040, but supply is not growing at the same pace. The metal is essential to the “green economy” and the digital revolution. It is used in electric vehicles, renewable energy sources, artificial intelligence infrastructure, data centers and smart communication networks. Shortage […]

Copper supply is under threat. But these Latin American explorers could unlock the next big discovery

Latin America dominates copper exploration, with exploration budgets rising to US$1.43bn in 2023 The region’s appeal continues to attract explorers, with newcomers like Norfolk Metals entering the scene Here’s a snapshot of ASX companies tapping into the region’s rich potential   With nearly half of the world’s copper coming out of Latin America, the region is shaping up as a strategic supply line for the US, where copper production has been ste…

Walter Tejada, president of proEXPLO 2025: “Mining explorations are starting to reactivate”Budget to combat illegal mining has been reduced by 37% in the last five yearsThe specialist William X. Chavez Jr, of the New Mexico School of Mines Society of Economic Geologists, said that to meet the future global demand for copper, new mines of the Toquepala and Cuajone dimension of Peru and Cananea, of Mexico, would be needed every year to be operatio…