Copper, the red gold for the future

Copper consumption will increase with the spread of modern technologies. Most of the world’s copper exports come from Latin America. And currently there is trouble especially in Peru. There, one of the largest copper mines on earth has been at a standstill for more than 40 days because of protests by indigenous inhabitants located there. Also, production figures from Chile have just been much lower than expected. Industry is responsible for copper demand. If the economy is doing well, then demand for the reddish metal also increases. Price forecasts are not easy, however, as the copper market is considered volatile. The fact that the strict lockdown in Shanghai has now come to an end should support the copper price. The Chinese leadership has also initiated more than 30 measures to help the economy get back on its feet.

Incidentally, copper was already being worked with around 2,700 years ago. Copper ores were smelted by early cultures in South America. Thus, the Andes region has a long history in the field of copper. At that time, people used copper to make weapons, utensils and jewelry.

Today, for example, Aurania Resources – https://www.youtube.com/watch?v=vNLG9b_yZLU – is exploring for the sought-after metal in the Andean region of Ecuador. The company’s The Lost Cities Cutucu project contains copper and gold. Partnerships and joint ventures round out Aurania Resources‘ portfolio. In the Middle East, for example, copper was already being processed some 7,000 years ago. Copper played an important role in the Inca and Aztec eras. This is also the case today.

Copper Mountain Mining – https://www.youtube.com/watch?v=DHxF_-3tU1c – in British Columbia concentrates on copper. The company holds a 75 percent stake in the successful Copper Mountain Mine.

Current corporate information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and Copper Mountain Mining (- https://www.resource-capital.ch/en/companies/copper-mountain-mining-corp/ -).

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