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Copper finds are drying up

New research from S&P Global Market Intelligence shows that copper discovery rates plummeted, despite a huge increase in exploration expenditure.

Copper finds are drying up Copper finds are drying up Copper finds are drying up Copper finds are drying up Copper finds are drying up

Following a similar report on gold in May, S&P's research found that copper exploration expenditure over the past decade was US$26.6 billion - peaking in 2012 at a record $4.7 billion.

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