Scale is one thing when exploring for bigger #copper systems however grade is always king! Especially from surface.
10 years since we acquired this project, a large amount invested with the communities and time to bring this project online.
Results like today always remind me why we continue to persevere ! - it’s still the beginning however a lot will pick up for us over the next 12 months.
⚒️News Release: Coppernico Channel Samples 52 m of 1.06% Copper at Sombrero in Peru
Read the full press release here: https://t.co/Lr45VzjJkT
#copper#results#miningnews @ivanbebek71
When the richest buyers alive start trying to own the mines, they are telling you how they rate the odds of anyone finding new ones.
That is the slow physical reality behind this week's record price.
Big Tech wants to own copper mines.
Just like Amazon built its own delivery network...
Tech giants are now asking for equity in mines to lock in future supply.
Why this is a huge turning point + what the shift means:👇
Everything coming out of the ground today was found years ago. A stake in Anglo, or a claim on Teck's ore, moves those tonnes around. It digs up nothing new.
I have spent 25 years looking for copper.
The mines that fill the gap have to be found first, and that takes a decade or more.
In my next thread, I'll show what those decades look like, using our own project.
Follow along @IvanjBebek, and follow @CoppernicoMetal (TSX: COPR, OTCQB: CPPMF) to see how we're exploring for copper in southern Peru.
The AI boom is a metals boom in disguise.
Bloomberg just priced a single AI data center at ~$30 billion.
That's the cost of more than 2x USS John F. Kennedy aircraft carriers.
A breakdown of where that $30B really goes: 🧵
So I think Bloomberg's $30 billion is a floor, not a ceiling. The metal will push it higher.
It's also why I've spent the last decade exploring for copper in southern Peru, on what we see as an extension of the belt that hosts Las Bambas: