Copper price approaches the US$12,000 per ton mark

Advertisement/Advertising – This article is distributed on behalf of Meridian Mining Plc. and Mogotes Metals Inc., with whom SRC swiss resource capital AG has paid IR advisory contracts. Creator: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: December 23, 2025; 3:15 p.m. Zurich/Berlin

In Chile, the world’s largest copper-producing country, right-wing conservative candidate José Antonio Kast has just won the presidential runoff election. He is expected to be more business-friendly than his more left-leaning predecessor. This could lead to new investments and higher copper production. However, Kast needs the approval of Congress, as he does not have a majority there. Several factors are affecting the price of copper. In Chile and Peru, increases in production appear to be generating greater supply. However, it is questionable whether this will be able to meet rising demand.

In general, according to the latest report from the International Copper Study Group, a favorable price development is expected in 2026. According to preliminary data from the International Copper Study Group, global copper production rose by approximately 1.9 percent in the first ten months of 2025. In Chile, mine production fell by 0.7 percent due to declines in production. In Peru, on the other hand, mine production rose by three percent compared to the same period last year. Here, the increases in certain mines were higher overall than the declines in other mines.

In Congo, mine production is forecast to increase by seven percent. Copper production in Indonesia declined by 38 percent (keyword: slurry accident at the Grasberg mine). In general, copper demand is expected to rise, as the reddish metal has many uses. Therefore, it is worth taking a look at companies with copper.

Mogotes Metals – https://www.commodity-tv.com/ondemand/companies/profil/mogotes-metals-inc/ – is in the exploration and development stage and has copper and gold projects in the promising Vicuña district in Argentina and Chile. The Filo Sur copper project (Argentina) appears particularly promising.

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

Current company information and press releases from Meridian Mining (- https://www.resource-capital.ch/en/companies/meridian-mining-uk-societas/ -) and Mogotes Metals (- https://www.resource-capital.ch/en/companies/mogotes-metals-inc/ -).

Source:

https://icsg.org/download/2025-12-19-monthly-press-release/?wpdmdl=9059&refresh=6946b1d8e2bc91766240728

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