2024-01-30 16:00:00 ET
Although there’s a relatively balanced copper market in 2024, a global supply deficit is still anticipated by mid-2025, according to Osisko Metals (TSX:OM) CEO Robert Wares.
While many exploration and mining companies are advancing tier-one assets, the CEO believes projects in the feasibility stage should not be considered future supply because jurisdictional and permitting risks are still a factor.
“It's very nice to have a feasibility. But there are tier-one copper assets out there that have been bogged down in permitting nightmares for 10 years, even in North America,” Wares said.
For further details see:
Seamless Permitting Key to Addressing Looming Copper Supply Deficit, Says Osisko Metals CEO