
Research reveals worldwide copper reserves to last 100 years
EXISTING copper resources will sustain increasing world demand for at least a century, refuting claims that mineable supplies could run out within 30 years, according to new research. After compiling and analysing a database of current worldwide copper resources, Monash University researchers concluded there were ample resources within the reach of existing technologies. Published in two peer-reviewed papers, the database focussed on mining company resource estimates and included vital information for carbon and energy use modelling, such as the ore grade of the deposits. Monash University School of Geosciences researcher Dr Simon Jowitt said the database could transform the industry’s understanding of copper availability. “Although our estimates are much larger than any previously available, they’re a minimum,” he said. “In...