World Class Copper Auction Draws Major Interest

World Class Copper Auction Draws Major Interest

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Copper prices have been on a tear the last few weeks — rising over 10 percent since late September, to a recent 3-year high above $3.20 per pound.  And that’s apparently getting big miners interested in big copper projects again.  That was the word from the government of Peru this week. With officials saying they’ve seen a surge of interest in a major copper development project planned for auction over the next few months.  The project is Michiquillay — a world-leading defined resource of over 1.16 billion…

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Dave Forest

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