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Copper faces 'supply gap of 5 million tonnes a year' - Kodiak Copper
The supply of copper is declining, said the CEO of Kodiak Copper (TSX.V:KDK), Claudia Tornquist.On Friday Tornquist was a guest on Kitco Roundtable podcast with correspondent Paul Harris, editor Neils Christensen and mining audiences manager Michael McCrae."Many mines are getting old and declining in production, and the development pipeline is very low. So there's not much there to replenish declining production, and many commentators see a significant supply gap of 5 million tonnes a year." (show less)
The supply of copper is declining, said the CEO of Kodiak Copper (TSX.V:KDK), Claudia Tornquist.On Friday Tornquist was a guest on Kitco Roundtable podcast with correspondent Paul Harris, editor Neils Christensen and mining audiences manager Michael McCrae."Many mines are getting old and declining in production, and the development pipeline is very low. So there's not much there to replenish declining production, and many commentators see a significant ... (read more)
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