Post by
Varadero on Jan 12, 2024 1:32pm
Panama copper mine shut down casts over supply
Copper production is running at the lowest level in a quarter century at the world's largest copper producer. We also saw 1% of copper production come offline with the situation in Panama. This is something to remember as the world wants to transition to renewable energy.
https://financialpost.com/commodities/mining/first-quantum-closed-panama-copper-mine-fresh-protest
Comment by
Retiredgeo on Jan 12, 2024 2:53pm
There isn't nearly enough copper or silver for the transition. The politicians are deferring supply to the producers and the producers don't care and the financial community cares even less! Fortunately, we can buy imaginary copper with imaginary money!