Expensive, extremely complex and fraught with risk - MJG Capital Matt Geiger on copper hurdles
Copper projects still need a better incentive price, said Matt Geiger, managing partner at MJG Capital.
On Tuesday, Geiger spoke to Kitco Mining.
MJG Capital is a limited partnership that specializes in long-term natural resource investments. Founded in 2011, the partnership holds a concentrated, long-only portfolio of natural resource equities.
Geiger noted that copper-focused investments had increased significantly in his company's portfolio, up to 36%. Despite copper prices trading higher in 2024, the incentive price for greenlighting a copper mine needs to be higher.
"[Copper mines] are…
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