There is the potential for dozens of new copper mines near Central Queensland's Mount Chalmers mine, most of them on farms, a mining company says.
abc.net.au/news/rockhampton-copper-explorer-excited-by-size-of-new-discovery/102590998When you switch on a light, boil the jug, charge your mobile phone or your electric car, copper delivers the electricity.
Mr Lawgal is among dozens of landowners in the district who might be sitting on a mountain of undiscovered copper.Global analyst Fitch Solutions has forecast this year that the long-term copper price will increase towards $US11,500 a tonne from the current level of $US8,500 a tonne. Another historic high-grade mine, Mount Warminister, sits on Mr Lawgal's farm, and he believes the old prospectors only scratched the surface of the district's mineral riches.
Mr Sparke said the most significant discovery from the helicopter survey was 700 metres long at Artillery Road.Rock samples have been sent for laboratory testing while drilling at the site has started to determine how much resource is present.
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