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Why it's so hard to get backing for copper projects - Inflection Resources' Alastair Waddell

Copper projects pose substantial hurdles for development, said Alistair Waddell, president and CEO of Inflection Resources.

In early May Waddell spoke to Kitco Mining at Deutsche Goldmesse in Frankfurt, Germany.

Inflection Resources (CSE:AUCU) is a copper and gold company focused on eastern Australia. It is exploring Macquarie Arc in New South Wales. The company also has an Anglogold Ashanti partnership.

Waddell said spurring copper project development is challenging.

There's a lack of funding for copper exploration because it can be expensive, time-consuming and requires large land positions…

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