In this note, I investigated the relationship between copper prices, exploration budgets and discoveries over the last 36 years. This analysis provides insights into how miners will spend in 2026 and can help investors inform their strategies now and into 2027.
In this note, I cover the medium- to long-term trajectory of Chile’s copper production, how it relates to other top producers, and what this means for investors.
In this piece, I cover a chart that made me think, given broad implications for metals.
In this piece, I discuss the signs of an upcoming shift in commodity valuations and what could potentially be a transition to a new regime.
