"Goldman Sachs recently increased the Bank's forecast for copper to US$12,000/mt (approx. US$5.40/lb), seeing 20%+ upside this year, as the metal is forecast to reach all-time highs over the coming 12 months. Bank of America expects copper to reach US$20,000/mt by 2025 due to an expected supply/demand imbalance1."

https://finance.yahoo.com/news/northern-dynasty-comments-one-anniversary-114500237.html