Glencore’s Cobar copper mine in play

Swiss miner Glencore hopes it will be a case of third time lucky as it considers a sale of its CSA copper and silver mine in New South Wales for the third time in six years.

Copper assets such as CSA are in fashion on the back of expectations the conductive, red metal will command high prices in future as existing mines fade, new mines struggle to enter production and demand soars on the back of the decarbonisation and electrification trends.