Metals & Mining Monitor | Commodity Markets Remain on a Downward Trend; Freeport Indonesia Raises Copper Output Target
Commodity markets remain on a downward trend; Freeport Indonesia raises copper output target, awaits export permit extension.
Argonaut Gold (OTCMKTS:ARNGF) Stock Crosses Above 50-Day Moving Average of $0.31
Market Mover | Teck Resources Ltd Shares Decrease Over 4%, Influenced by Slipped Copper Prices on the London Metal Exchange
June 4, 2024 - $Teck Resources Ltd(TECK.B.CA)$ shares decreased 4.80% to $66.80 on Tuesday. This was influenced by the fact that copper prices slipped below $10,000/ton in London on Tuesday.According
Metals & Mining Monitor | Iron Ore Prices Reach to 3-Month High; Anglo American Extends BHP Bid Deadline After Rejection
Iron ore prices climbed to 3-month high on China's Support Measures; Anglo American extends BHP bid deadline after rejection.
Copper Pullback from Record High: Is the Bull Run Over?
Citi forecasts that in the long term, copper prices are expected to continue their upward trend, potentially hitting $12,000/t within the next 12 to 18 months, with a chance of climbing as high as $15,000/t.
Gold's Record-Breaking Rally, Metals' March Higher Buoy Miners, Canadian Indices
Gold's record-breaking rally and the continued march higher for silver and copper are fueling the rally in mining stocks and Canadian equity indices.