Hang on to your CTUs

[shinnosuke]

http://www.psmag.com/environment/the-ne ... ore-60868/

The New Bronze Age
Worries about oil and gas hog the airwaves. But copper is also essential to keep the world running: It threads through your house, your computer, your eco-correct hybrid car. And it’s getting just as difficult, expensive, and environmentally menacing as oil to extract. We have entered the era of tough ore.

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[sparechange]

Great and informative article. Thanks

[Sheikh_yer_Bu'Tay]

Good read. Doesn't Michigan still have lots of copper?

[penny pretty]

JUST read that on coinflation last night! dont know how to put links in, or I would have. great article!! Also as opposition to ANY mining heats up,(Im in NY amidst the fracking debate, folks want their heat and AC, but dont want the well in their backyard!) It will get costlier to get the ore out of the ground.

[Hawkeye]

That's interesting. I was wondering about copper, but I suppose its the same as any other limited resource.

[Dr. Cadmium]

Great article, thanks. Also, the article references this blog about the Bingham Landslide that has very impressive photos: http://bldgblog.blogspot.com/2013/04/bi ... slide.html

[scyther]

JUST read that on coinflation last night! dont know how to put links in, or I would have.

Just copy and paste the url. There's another way to make it look nicer, but that will work.

[everything]

Little bit of sensationalism. Here are a few Wiki tidbits. More than 95% of all copper ever mined and smelted has been extracted since 1900. World production of copper in 1950 was only 1/8 of what it was today. It's big business, but obviously, by the size of these holes in the ground, that copper is plentiful, just that everything costs more.

[John_doe]

without copper oil and gas are useless.


you have to believe that they are running into the law of diminishing returns with mining copper. it is probably more expensive to mine it with the markets the way they are. p.s. china is sitting on a huge stockpile of copper and I doubt they ever sell it to the west.