Copper market not bearish

  • 📰 MiningOnline
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Adam Rozencwajg Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The copper market outlook is not as bearish as many analysts currently think

, although different developments represent "cross currents" that create confusion, Adam Rozencwajg, managing partner at New York resource investment firm Goehring & Rozencwajg Associates told Mining Journal.Rozencwajg said different factors send bullish, bearish and neutral signals, depending on whether one's time horizon is short, medium or long.

A spending dearth a decade ago in the 2010-2015 period, meant there was little exploration of new project development, creating a big in the project pipeline. Prior to that, the majority of copper development projects were brownfield."Mostly from lowering the cut-off grade of what was uneconomic before, not finding new resources," Rozencwajg said. "Cut-offs were close to the median in situ grade, which means companies lose that lever by lowering cut-off grades further.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 117. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Can the West Afford to Build Its Own Copper IndustryThe West's ambitious green energy transition faces a major roadblock due to China's dominance in copper processing, a critical component of renewable technologies.
Sumber: OilandEnergy - 🏆 34. / 68 Baca lebih lajut »