‘Hot’ Copper Is Attracting Plenty of Deal Buzz, Executive Says

The pandemic hasn’t damped deal-making enthusiasm in copper. In fact, interest -- if not actual deals -- is on the rise, according to JPMorgan Chase & Co. banker-turned-mining executive Hayden Locke.

“I feel like there’s more going on because corporate development teams can’t travel -- they have more time on their hands to review what’s going on in the market,” Locke, the recently appointed president of explorer Marimaca Copper Corp., said in an interview. “I don’t know if that will translate into execution, but copper is very hot.”