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Coppernico Metals Inc. CPPMF


Primary Symbol: T.COPR

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration excellence in pursuit of the discovery of world-class copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company, through its wholly-owned private Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, and is regularly reviewing additional premium projects to consider for acquisition. The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres) located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characte...


TSX:COPR - Post by User

Post by Rational43on Feb 12, 2021 5:22pm
210 Views
Post# 32556304

Copper production down in 2020, flat for the last five years

Copper production down in 2020, flat for the last five yearshttps://www.kitco.com/news/2021-02-12/Global-copper-production-declines-2-in-2020-report.html

"Global mine copper production was hovering around 20 million tonnes level over the last five years and this fact raising concerns of sustainable supplies of primary copper for the variety of industries."

So I guess raising copper production 50% in the next 10 years should be easy at these prices, as declining grades in Chile have led to ZERO copper production increases with copper at $2.50 to $3.00 for the past five years.  

And with every government printing Trillions and giving away there won't be any sort of demand for electrical items.
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