HGO 1.64% 6.2¢ hillgrove resources limited

Kanmantoo Copper mine ready to go ? For real ?, page-266

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    This has gone OK as it gradually moves from development into production albeit painfully slowly, as I predicted the ground was too hard for the continous boring machine so back to traditional underground development and stoping. Will really need to fill the mill and keep the grades up as they are trucking all their ore to the surface. A lot of underground miners have come a cropper in 2023 due to elevated mining costs and sagging or static metal prices.

    The discrepency between market sentiment and the low copper prices vs the reality of limited no new supply and increased copper demand yet to play out, but all the experts and market pundits have been calling for the rise in copper prices since 2019 or so, so maybe in 2024 we might actually see some movement in the price of copper.
 
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