Investing.com -- UBS says that large copper mining projects could begin placing equipment orders as soon as 2025, with a strong building activity into 2026 and beyond, potentially benefiting European mining equipment makers. The brokerage highlighted Metso (OTC:MXTOF) as its top pick, citing the company’s high exposure to copper and strong leverage to the capital spending cycle in mining. UBS said copper accounts for more than 40% of global mining capital expenditure, making it the single largest driver of order intake for mining original equipment manufacturers. “There is a strong, structural outlook for copper demand, which is driven by electrification,” UBS wrote, noting that the market remains tight and substantial investment will be required to meet future supply needs. The timing of large orders remains uncertain, but UBS said past patterns suggest OEMs typically receive orders shortly after a project reaches final investment decision (FID), rather than closer to the mine’s production start. Last year’s orders for Pakistan’s $6 billion Reko Diq project were cited as an example of the impact large greenfield copper mines can have: the orders represented 14% of 2024 mineral equipment orders for Weir and 11% for Metso. UBS said conversations across the industry support a robust outlook, although some players are more cautious. FLSmidth, for instance, expects an uptick in activity starting in 2026, based on discussions with engineering contractors. The bank concluded that while 2025 could mark the start of a new wave of equipment orders, the bulk of the copper project pipeline is likely to translate into business for OEMs in 2026, 2027, and 2028. SAND: A Bull or Bear Market Play? Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if SAND is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

Koryx Announces Updated PEA Results for the Haib Copper Project, Southern Namibia  Stock Titan

Midas Minerals Limited announced a significant acquisition of the Otavi Copper Project in Namibia from Nexa Resources, marking a transformative step for the company. This acquisition includes exclusive prospecting licenses over a 1,776 square kilometer area with high-grade copper, silver, and gold deposits. The company plans to initiate resource definition