In 2022, as the global economy recovered from the pandemic, copper reached a record price of almost $5 per pound. It’s now back at $3.77, having dragged the share prices of miners back down with it. That correction is driven by fears over the Chinese economy – in particular its construction sector., a London-listed copper giant operating in Chile, the top-ranked mining jurisdiction in Latin America. Half of its output comes from the Los Pelambres mine, where production costs are in the bottom quartile of copper mines globally. It offers a dividend yield of 3.3%, which you can reinvest while you wait for the copper price to take off.
