Copper deposit discovery rate remains dismal, says S&P

Of the nearly 1.08-billion tonnes of copper resources discovered since 1990, only 8% is contained in deposits discovered in the past decade, a report published by S&P Global Market Intelligence shows. The report outlines that 224 copper deposits have been discovered between 1990 and 2019 period, containing 1.08-billion tonnes of copper in reserves, resources and past production.