Copper: Humanity’s first and most important future metal
Millions of feet of copper wiring will be required for strengthening the world’s power grids, and hundreds of thousands of tonnes more are needed to build wind and solar farms.
Anvil Mining Ltd posted a quarterly profit, helped by higher realized copper prices. The Democratic Republic of Congo-focused copper miner expects 2011 output to be 36,000-38,000 tonnes and set an exploration budget of $10 million for the year.