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Copper rides high on back of pandemic

COPPER is one of the resources recently discovered in the Julimar region north of Toodyay where exploration companies are rushing to gain access to their pending tenements, including one in the Julimar State Forest.

The mineral is now a far-more-valuable commodity at $8 per kilogram having surged 45 per cent since the March 12 announcement of the Covid-19 pandemic. The price rise is due in part to copper’s potential to reduce the transmission of the virus in high-traffic areas such as hospitals and schools. We’re not talking solid copper doorhandles and taps, but about coating existing objects with copper using recently developed technology. A stainless steel door handle can be coated in about five minutes at a cost of approximately $100.

A University of Southampton (UK) microbiologist has been studying copper’s antimicrobial effects for more than 20 years and found that in the case of Covid 229E, a relative of Covid-19, the virus remained infectious on stainless steel and glass for five days whereas on a copper surface it disappeared within minutes. However Covid-19 is a tougher customer and can remain active on a copper surface for hours.

For thousands of years the ancient Egyptians and Chinese have known about copper’s ‘disinfectant’ properties – long before the discovery of germs or viruses. While gold and silver also have antibacterial properties, copper’s specific atomic makeup contains a free electron which eliminates a virus more quickly.

In business circles copper is known as Dr Copper – not for its curative properties – but as an indicator of how well the economy is doing. At the moment the Australian finances are at rock bottom and the recent surge in the copper price is closely linked to the closure of copper mines in Chile and Peru where workers have been affected by the pandemic.

It’s curious that a virus can lead to a price hike of a mining commodity such as copper and AHMAG will be monitoring the progress of local tenement applications in a region which promises high yields of not just copper but also nickel and platinum group elements.

Mining is propping up a cash-strapped economy and it’s odds-on that many proposed mining projects may be fast-tracked to boost the country’s coffers.

It’s up to us all to monitor these projects to ensure that shortcuts, which could negatively impact our health and environment, aren’t taken.

AGM – memberships due

THE AVON and Hills Mining Awareness Group’s AGM will be held at 10am on Saturday September 26 in the Morangup Community Hall in Wallaby Way, Morangup.

To be eligible to vote at the AGM memberships must paid to either the postal address below or to the AHMAG account BSB 633-000, account number 152776654.

Donations are always welcome to support our group’s efforts to keep you informed about local mining proposals.

In the meantime, stay in touch at http://www.facebook.com/avonandhills or write to PO Box 111 Gidgegannup WA 6083.

 

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