EVENTS COVERAGE

Dearth of exploration to exacerbate copper shortages

WITH a structural deficit expected in copper, there is little hope of exploration filling it any time soon due to a dearth of exploration funding, Kevin Murphy of S&P Global Commodity Insights told delegates at the 2023 PDAC conference in Toronto, Canada.

Paul Harris in Toronto
Dearth of exploration to exacerbate copper shortages

"Well over half of all exploration budgets in 2022 were going towards gold exploration. We have to go back to 2007-2008 to find a period when base metals attracted more for exploration than gold," Murphy...

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