"High demand depletes reserves of high grade copper
Wednesday, June 18, 2014 from the newsroom at Noticias de Mineração Brazil
The increase in demand for copper from 2000 to 2013 caused the miners to work their mines at maximum capacity in recent years. This scenario triggered the breakdown and replacement of reserves of high grade reserves by low grades, according to a study by analysts at Bloomberg Industries (BI)."
Great future for AQD and its shareholders, provided there is enough of the stuff in Peru.
So, whats happening to the exploration permits?
High demand depletes reserves of high grade copper
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