Ivanhoe Mines Founder: ‘Copper Has a Very Bright Future’

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Ivanhoe Mines Founder Robert Friedland predicts a bright future for copper, citing potential benefits from a potential rate cut by the Federal Reserve.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Ivanhoe Mines Founder Robert Friedland speaks to Bloomberg's Jennifer Zabasajja at The African Mining Indaba, Africa's biggest mining conference taking place in Cape Town on Feb. 9. The event is the leading platform for deal-making and investment in African mining. In the interview they discuss metals pricing, copper demand, and capital for mineral development, with Friedland saying "copper has a very bright future" and "if the Fed is in fact going to lower rates, then one could argue that these precious metals and base metals will do very well against the United States dollar". (Source: Bloomberg)

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Original article published by Bloomberg on February 10, 2026.
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