Soft metal prices are not slowing mining investment
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Large investments in copper projects show that miners are optomistic about the metals long term prospects, notes mining audience manager Michael McCrae. On Saturday McCrae recorded an episode of Roundtable. Copper had another down week, with its second consecutive drop. Copper futures were down 1% to end at $4.37. Big copper investments were announced this week, despite the metal's weakness. Reuters reports that copper miner Freeport Indonesia launched its $3.7 billion cop...
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Financial markets ended the week on strong footing as stocks, gold, and Bitcoin all trended higher, with the S&P besting its previous all-time high by a hair, while gold bulls stampeded their way above $2,700/oz for the first time in history.On Saturday mining audiences manager Michael McCrae...
Published 10/19/24
Copper prices were down 1.7% for the week, but a weekend press conference by China's finance ministry could provide the metal with a lift. On Friday mining audiences manager Michael McCrae recorded Kitco Roundtable. China’s finance ministry holds a Saturday press conference to announce policies...
Published 10/12/24
Published 10/12/24