Full S&P article quoted by Robert Friesland, see link: https://www.spglobal.com/marketinte...owest-since-2019-amid-looming-supply-deficits
Miners will need to invest more into generative exploration to meet the future demand for copper in an increasingly electrified world.
Note: normally, a junior resource company’s place in the mining food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger mining company takes it over.
Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the next mines. In this way, juniors help the majors to replace the ore that they are constantly depleting in their operating mines.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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