Mining Stock Education · Tuesday, August 11, 2026
Ivan Bebek, CEO of Coppernico, drew an analogy between the Sombrero project and the discovery of the Las Bambas copper mine, which was the 11th largest globally and sold for $5.8 billion in 2013-2014. Bebek highlighted that Sombrero possesses the geological qualities and scale comparable to Las Bambas, suggesting a significant potential for high-grade copper discoveries. The company is preparing for a drilling program to unlock this value.
“Why do I make that point? Because the copper space for quality assets that have grade, as we've seen at Sombrero on surface, it has the geology and scale from a science perspective that analogs to Las Bambas, which was the 11th largest copper mine in the world that sold for $5.8 billion back in 2013 or 2014 at $3.20 per pound.”
“So what would that discovery be like today? That's our analog. That's the scale we're going after here.”
“The chance and the ability to create tremendous value for shareholders, you know, it's been delayed, but it's finally coming to fruition on multiple fronts.”