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Discovery rates for copper at decade lows

Majors exploring more near existing mines, M&A yet to take off

Paul Harris
Copper discoveries not keeping pace with exploration investment

Copper discoveries not keeping pace with exploration investment

Exploration spend over the past 10 years totalled US$25.8 billion, well above the $15.4 billion allocated from 1990 to 2008. Yet, that spend yielded 102.4 million tonnes of copper in 21 major discoveries,...

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