The future needs copper

Without copper, electrification would not be possible. Renewable energies need this reddish metal, as do power grids and electric cars. The growing world population is driving up demand for raw materials, not least because of climate change. A record-breaking underground marathon in South Africa recently demonstrated the progress that has been made in mining compared to the past. The world’s deepest marathon (1,120 meters below the earth’s surface) took place in the Garpenberg mine, where it was almost completely dark and around 30 degrees Celsius. The air down there contains 30 percent more oxygen than the atmosphere and fewer pollutants than the air in large cities.

Prices for industrial metals, especially copper, are currently rising. Copper is approaching its record high. The trade agreement between China and the US is having a positive effect on industrial metals. The threatened 100 percent punitive tariffs against China are therefore a thing of the past for the time being. Copper stocks on the LME continue to fall and higher demand is generally expected, for example by Goldman Sachs. Anglo American has also just announced that copper production fell by nine percent in the first nine months of 2025. All of this is driving up the price of this economic metal. With the trend toward decarbonization and electrification, copper is likely to become even more in demand and thus more valuable. This is positive for companies that (also) rely on copper. Sometimes copper and gold are found in the same deposit. The fact that gold is the darling of investors has been particularly evident this year. Copper and gold are definitely two promising candidates for the new year.

Aurania Resources – https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ – was previously best known for its gold and copper project, The Lost Cities Cutucu Project in Ecuador. Now, management is also focusing on new projects in France (including gold) and Italy (nickel, cobalt, iron, copper, and chromium).

Fortuna Mining – https://www.commodity-tv.com/ondemand/companies/profil/fortuna-mining-inc/ – is a successful gold and silver producer with mines in West Africa and Latin America. In the third quarter of 2025, more than 72,000 ounces of gold were produced. The mine in Ivory Coast scores with very good drilling results.

Current company information and press releases from Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -) and Fortuna Mining (- https://www.resource-capital.ch/en/companies/fortuna-mining-corp/ -).

Sources:
https://www.produktion.de/rohstoffe/kupfer/wertvolles-metall-warum-kupfer-keine-alternative-hat-312180-992.html;
https://www.kitco.com/news/off-the-wire/2025-10-28/anglo-american-posts-9-drop-copper-output-first-nine-months;
https://www.ad-hoc-news.de/boerse/news/analysen/aurania-resources-bmg069741020/68301191.

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