Smelters are Struggling Even as Copper Prices Soar

Refined copper has enjoyed record prices, but the facilities that smelt the concentrate are struggling to stay afloat because processing fees have tanked to extremely low levels. Processors now have to depend on the by-products of the refining process in order to keep their doors open.

These struggling processors are probably desperately hoping that exploration firms like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) further accelerate their operations so that proven reserves can proceed to the development and production phase to increase available concentrate for&

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