Copper mines becoming more capitalintensive and costly to run
Copper mining has become an especially capitalintensive industry the average capital intensity for a new copper mine in 2000 was between US4,0005,000 to build the capacity to produce a tonne of copper, in 2012 capital intensity was 10,000/t, on average, for new projects. Today, building a new copper mine can cost up to 44,000 per tonne ...