Copper Price Surges
Copper on Course for Biggest Annual Gain Since 2009
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Mining.comAccording to a report by Mining.com, copper is poised for its biggest annual gain since 2009, with prices hitting a fresh all-time high above $12,000 a tonne in London. The metal's popularity was evident in the over 2.5 million times articles about copper were read on Mining.com this year. The top stories included the ranking of the world's biggest copper mines, with Escondida in Chile coming in at number one, and the potential for new copper discoveries in the US, such as the Resolution Copper project in Arizona. With copper prices expected to remain high due to production outages, trade dislocations, and increasing demand, investors and industry professionals are taking note of the metal's potential for growth.