Copper is one of the most valuable metals on the planet. Sure, it lacks the cachet of gold, silver or platinum — those are “precious metals” after all. Yet, without copper, the world as we know it would not operate. If you have electricity, you need copper.
This week, Rio Tinto and BHP Billiton, one of the world’s largest mining companies, were given permission from the U.S. Forest Service to move ahead with the Resolution prospect near Apache Leap in Arizona. This would become the largest copper mine in North America once the mine is operational in the 2020s.