Focusing its energy on construction and permitting the Florence copper project in Arizona, the company said it is not in a position to advance Harmony for several years.
Many juniors are on the hunt for ‘technology metals,’ a broad category that includes cobalt, copper, nickel, platinum group elements, graphite, lithium, rare earth elements, and silver, among others.
LME cash copper prices are expected to average $4.20 per lb. in 2021 and $3.96 per lb. in 2022, according to the inaugural edition of Critical Metals for a Sustainable World.
Canada is considered one of the world’s premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment.