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Copper's tide yet to rise

There is still plenty of copper in the world. That is clear from Robert Friedland throwing out numbers like 13% copper and 700,000 tonnes annual production casually whenever he’s in public.

Copper's tide yet to rise Copper's tide yet to rise Copper's tide yet to rise Copper's tide yet to rise Copper's tide yet to rise

Heating up: copper equities have had a positive start to 2019, but the market can't seem to get excited about the red metal

But the obvious resources have largely been picked clean and now the hunt for tonnage takes explorers to (mostly) former conflict zones, remote deserts and deep underground.