Discovery rates for copper at decade lows

DESPITE an increasing amount spent on exploration copper discoveries have fallen away, according S&P Global Market Intelligence.

Discovery rates for copper at decade lows Discovery rates for copper at decade lows Discovery rates for copper at decade lows Discovery rates for copper at decade lows Discovery rates for copper at decade lows

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.