By Leia Michele Toovey- Exclusive to Copper Investing News Copper joined the pack in the mid-week revival of base metal prices. On Tuesday, the red metal hit a 6-month low of $7,150 a tonne with the frenzied sell off of commodities. However, profit-taking since then on short covering purchases, and higher oil has turned the price [...]
By Leia Michele Toovey – Exclusive to Copper Investing News Copper finishes the week with a steady rise. The Friday opening price of the metal was $8,320/ tonne compared to Thursday’s price of $8,230/ tonne, despite the fact that concerns over shrinking Chinese demand, and the resolution of the Latin American strikes were expected to [...]
Overview Apoquindo Minerals (AQM: TSXv) is advancing its Copper Oxide Project in the heart of the world’s greatest copper producing region in Chile, as well as actively exploring multiple base metal and precious metal projects in Peru. During management’s tenure as top executives with Codelco Chile, the world’s largest copper producer ($24B market cap), they [...]
Up-up and away! This has been the story on copper prices this first half. Prices have jumped 28%, reaching record-breaking levels in May. This past week, they are within $210 USD from their all time high. Price increases are being fueled by high crude, a weak US dollar, and a growing amount of investors allocating [...]
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