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19 hours ago · Copper, arguably the world's most important industrial metal, is having a moment. The price of the world's favorite electricity conductor hit a fresh record Monday, on target for its seventh day ...
1 day ago · Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal. Below are the main facts ...
15 hours ago · Copper is a predominantly long-cycle commodity – it takes 2-3 years to extend an existing mine and approximately 8 years to establish a new greenfield project. This long lead time for the majority of copper supply, combined with the mining sector’s resistance towards new project capital ...
1 day ago · Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Futures ...
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4 days ago · The $4.20-$4.60 per pound (lb) area has been a key resistance level on the chart of the copper price since 2008. Prices broke above them in the early 2020s and after a nasty correction are ...
1 day ago · And while demand is high, supply remains tight as bringing new copper mines online can take 12 to 26 years, Currie pointed out. That should eventually send prices soaring to $15,000 per ton, he ...
5 days ago · The copper mining stock is in a buy zone, trading about 3% above an official cup-with-handle 41.30 buy point. Newmont stock is working on its third consecutive monthly advance.
