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Great Southern Copper planning to list on London Stock Exchange

Mining agency planning to list on London Stock Exchange’s foremost market to exploit booming demand for copper










A mining agency is planning to list on the London Stock Exchange’s foremost market to exploit booming world demand for copper. 

Great Southern Copper (GSC) goals to elevate round £3.5m initially via its IPO to fund the exploration of copper and gold initiatives in Chile: San Lorenzo and Especularita. 

Driving power: Great Southern Copper goals to elevate round £3.5m initially via its IPO to fund the exploration of copper and gold initiatives in Chile

Both initiatives are positioned within the Chilean coastal belt, a comparatively unexplored space for copper and gold deposits. 

The websites are close to the Cortadera and Productora deposits, which include round 2.8m tonnes of copper and a couple of.7m ounces of gold. Chile is the world’s largest copper producer. 

The steel is utilized in a big selection of electronics in addition to in wiring and heating pipes. Prices have nearly doubled in 5 years as its use in renewable power methods has accelerated demand. 

Analysts predict that the rise in electrical automobile utilization will enhance demand additional, as a result of every electrical automobile comprises round 5 instances as a lot copper as an ordinary car.

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