Copper

Peru has given the greenlight for a $2 billion expansion at the Antamina copper and zinc mine.  One of the largest Peruvian mines boasts ownership from prominent companies such as Glencore PLC (OTCPK: GLCNF), BHP Group Ltd (NYSE:BHP), Teck Resources (NYSE:TECK) and Mitsubishi Corporation (OTCPK:...

The global copper market is expected to balance as ROW (Rest of the World) demand recovers and supply tightens, according to a report from JPMorgan. Key indicators include a 1.2% year-to-date increase in global output through November, with strong December data from Chile indicating solid 2023...

KoBold Metals announced the discovery of potentially the largest copper deposit in Zambia’s history, per Bloomberg's report. The Mingomba asset, located in Zambia, is expected to play a significant role in the country’s economy and aligns with President Hakainde Hichilema‘s vision...

Capstone Copper Corp. (OTC:CSCCF) and Orion Mine Finance have brokered a financial deal, arranging a bought deal worth $375 million Canadian dollars with a syndicate of underwriters led by RBC Capital Markets. The deal is expected to close on Feb. 8, 2024, subject to customary closing conditions...

As the economy evolves in 2024, the materials sector might witness a turnaround, boosted by robust supply-demand dynamics. While the sector had a sluggish performance in 2023 amid recession concerns, it could see a positive shift this year. Fidelity, with a keen eye on areas displaying strong...

The price of copper is expected to rise by over 75% by 2025, driven by supply disruptions and increased demand for the metal, largely due to the global shift towards renewable energy. What Happened: The increasing demand for copper, partially fueled by the global transition to green energy, is...

Barrick Gold Corp. (NYSE:GOLD) is one of the largest producers of gold in the world. But CEO Mark Bristow recently emphasized the importance of another metal to keep an eye on. During an interview with CNBC, Bristow said, "My view is that copper is the most strategic metal out of all the metals."...

Freeport-McMoRan Inc (NYSE: FCX) reported $5.74 billion in second-quarter (Q2) revenue for 2023, beating the consensus of $5.54 billion. Copper sales of 1.03 billion pounds were down 5% Y/Y due to shipping delays in Indonesia. Gold sales of 495 thousand ounces were up 4% Y/Y. Molybdenum...

Although not listed as a mineral critical to U.S. national security and the economy, copper “will see its value soar” as the energy transition gains momentum, according to experts. American Pacific Mining Corp (OTC: USGDF) is capitalizing on that transition with its portfolio of high-...

Shares of global copper miners soared, pushing the sector gauge – the Global X Copper Miners ETF (NYSE:COPX) – up by 2.6% for the day. Copper mining stocks experienced a similar response to the surge in copper prices on Tuesday, which rose over 2% on the day hitting one-month highs. The...

Chances are you know someone with a change jar in their house, a place to put all the spare change and save it until the jar gets full or for a special event. Oftentimes, people have a penny jar, collecting one-cent coins over years and then cashing them in at the bank. A Los Angeles home took...

If you're one of many Americans who has a piggy bank or a place to save old coins, you could be in luck with the value of the coins rising over the years thanks to the value of commodities like copper and zinc. Many old pennies are now worth more than 1 cent. The bad news is its illegal to melt...

By setting its sight outside Canada’s borders, this upstart minerals concern hopes to grow its global asset base and resultant profitability. Interra Copper Corp. (OTCMKTS: IMIMF) is a Canada-based junior exploration and development firm that had traditionally been engaged in the acquisition,...

Source: Streetwise Reports   04/19/2023 Fabled Copper Corp. has sampled its highest copper value yet on its Muskwa project in British Columbia — "a staggering" 29.3%. Fabled Copper Corp. (FABL: CSE) has sampled its highest copper value yet on its Muskwa project in British...

Global custody bank State Street has ended its licensing agreement with Copper, a cryptocurrency custody firm that recently announced the closure of its enterprise infrastructure division. A State Street spokesperson confirmed the end of their working relationship, stating "both companies will...