Mining Industry Issues and Opportunities

Price of Copper Next 12 Months $4.50 $4.00 $3.50 $3.00 $2.50 $2.00 $1.50 '12 '13 NEVADA Mining Association '14 ww '15 '16 '17 MINING INDUSTRY ISSUES AND OPPORTUNITIES '18 '19 -70% 25% 5% Source: London Metal Exchange; NVMA 2018 Survey APPLIED ANALYSIS

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