Red gold is becoming more expensive – get involved with copper companies

Advertisement/Advertising – This article is distributed on behalf of Meridian Mining UK Societas and Axo Copper Corp., with which SRC swiss resource capital AG has paid IR consulting contracts. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi (external editor) · First published: 06.10.2025, 3:38 p.m. Zurich/Berlin

The upward trend in copper is not new; prices have been rising since May. The closure of the world’s second-largest copper mine, the Grasberg Mine in Indonesia, is already well known. But there is also news from Chile about lower copper production. And in Congo, the Kamoa-Kakula Mine is not reaching the expected production volumes. In Panama, the Cobre Panamá copper mine is still shut down. It remains to be seen whether it will be reopened.

The studies conducted by the International Copper Study Group are interesting in this context. Although there was a copper surplus of around 100,000 tons in the first seven months of 2025, this is less than in the previous year. If seasonal adjustments are taken into account, there is even a slight supply deficit. Due to the lower copper supply, Bank of America has now significantly raised its copper price forecasts and expects further price increases in the coming years. The average price per ton of copper is expected to be US$11,313 in 2026 and as high as US$13,501 in 2027. Peak values of up to US$15,000 per ton of copper could be reached.

As a result, weak supply and rapidly growing demand from the renewable energy sector, the expansion of power grids, and artificial intelligence are converging on the red metal. Mining companies dedicated to copper exploration and production should bet on the right horse.

Axo Copper – https://www.commodity-tv.com/ondemand/companies/profil/axo-copper-corp/ – owns the La Huerta copper project in Mexico. It covers approximately 11,300 hectares and is a new copper discovery in the promising Sierra Madre belt.

Meridian Mining – https://www.commodity-tv.com/ondemand/companies/profil/meridian-mining-uk-societas/ – owns the promising Cabaçal project (copper, gold, silver) in Brazil, located in a region with a well-developed and productive mining sector.

Current company information and press releases from Meridian Mining (- https://www.resource-capital.ch/en/companies/meridian-mining-uk-societas/ -) and Axo Copper (- https://www.resource-capital.ch/en/companies/axo-copper-corp/ -).

Sources:

https://www.kettner-edelmetalle.de/news/kupferpreis-explosion-voraus-bank-of-america-sieht-15000-dollar-je-tonne-als-realistisches-szenario-30-09-2025;

https://www.boerse.de/nachrichten/Kupfer-mit-neuem-12-Monats-Hoch/37940852;

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