Canadian mining magnate Frank Giustra is scouring for projects in the US as President Donald Trump cuts red tape and the outlook for metals like copper and gold remains bright.
Giustra — a key figure in the creation and development of Endeavour Mining Corp., Goldcorp and Leagold Mining Corp. over the past quarter century — has built up another stable of projects from Colombia to Botswana. Now, his office staffed by 75 to 80 people is exploring opportunities in US copper-gold deposits, among others.
“I haven’t nailed one down yet, but yes, we’re looking,” he said in an interview. “The US under Trump has finally figured out that they’re way behind the eight ball on critical minerals, and they’re trying to secure those supply chains.”
In the US, it takes an average of 29 years from the discovery of a copper deposit to the start of production — the longest development time in the…
