Is it profitable to develop copper mines?

1. General situation of copper resources, including the scale of resources. According to the relevant national policies, the ore quantity is at least 3 million tons.

Second, the average grade of copper in ore requires small-scale mines to have high grade of ore, quick results and high benefits before anyone can invest. Small mines are generally mined for more than 10 years, but the cost recovery must be within three years.

Third, the geographical location and environmental conditions of mines First of all, it is quite difficult for mines to apply for approval in areas that are not restricted by development, related protected areas and water sources. Secondly, the choice of industrial sites, especially whether there are suitable tailings dumps and waste rock dumps,

Overcapacity (it is very likely that new ore bodies will be found around and deep in the mine production process).

Fourthly, the geological conditions, whether it is easy to mine and whether the surrounding rock of the ore body, especially the footwall, is stable directly affect the mining cost and production safety. Underground water inflow, drainage costs, etc.

There are also factors such as transportation, communication, water conservancy, electricity and climatic conditions, which are all very important factors.

The folk customs where the mine is located are also very important.

It can make a lot of money, but it is risky and costly.