Plus, more exploration results fuel talk of Rio’s ‘big copper find in WA’
Our most successful “prospector”, Mark Creasy, has just notched up 50 years in the game and he is in a reflective mood.
“I’ve got a half a century up and I was just wondering when will I start producing daisies,” Creasy said.
But when asked about strong industry speculation that he has notched up yet another discovery, Creasy was tight-lipped.
Seven words from two investment banks should boost investor confidence in tricky times, with UBS this week advising clients to “stay the course” despite an uncertain international market and Macquarie Bank noting that in the resources sector “the upgrade cycle rolls on”.
Experts can’t work out how much copper the world will need by 2040. It’s not uncommon for analysts and miners to disagree over forecasts that will affect the bottom line of producers, but bulls and bears in the copper space only differ on how far electrification will go (reports MiningNews).