Global Copper Supply Faces Crunch as AI Investments Reshape the Energy Landscape [Globe and Mail, The (Toronto, Canada)]
Orla Mining Ltd. Common Shares (ORLA)
Company Research
Source: Globe and Mail, The
VANCOUVER, BC Dec. 16, 2024 /CNW/ -- USA News Group – The ongoing boom in Artificial Intelligence (AI) is lifting demand on several commodities , in particular copper. AI's infrastructure needs, especially data centers, are fueling a copper surge , to the benefit of mining companies. According to a "never-wrong" oil hedge fund manager from France copper could hit a tonne over "the next four years or so". With AI-focused tech giants reportedly set to invest over $1 trillion in infrastructure and power grid development, analysts are expecting a significant surge in demand for copper . Swiss bank UBS foresees a copper shortage , with a predicted supply deficit surpassing 200,000 tons by 2025. S&P Global Market states that copper mines are one of the slowest to develop , taking 24.1 years on average, meaning work being done now is becoming increasingly more important for tomorrow. Among the mining-focused companies making recent important progress include Usha Resources Ltd. (TSXV:USHA)
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ORLA
News
- Global Copper Supply Faces Crunch as AI Investments Reshape the Energy Landscape [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Orla Expands High-Grade Mineralization 800 Metres Beyond Current Resource in Extension Drilling at Camino Rojo, Mexico [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Orla Mining's (TSE:OLA) Soft Earnings Are Actually Better Than They Appear [Yahoo! Finance]Yahoo! Finance
- Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine [Yahoo! Finance]Yahoo! Finance
- Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
ORLA
Sec Filings
- 12/20/24 - Form 6-K
- 12/20/24 - Form 6-K
- 12/10/24 - Form 6-K
- ORLA's page on the SEC website