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Forecasting Copper Prices: Trends and Predictions for 2025

Copper Prices: The Rollercoaster Ride of 2023 and Expectations for 2025 In May, Comex copper reached an unprecedented intraday high of nearly $5.20 per pound, or $11,500 per tonne. This surge resulted in net trading volumes soaring to $100 billion in a single day,...

Ero Copper Lowers Production Forecast, Stock Price Drops Sharply

Leadership Shake-Up at Ero Copper Amid Quarterly Production Report Quarterly Production Results In the third quarter, Ero...

Copper Prices Plunge to Lowest Since May Amid Trump’s Victory Strengthening the Dollar

Market Turmoil: Copper Prices Plummet Amid Trade Concerns Copper declined by as much as 4.3% during a widespread selloff on the London Metal Exchange,...

High-Grade Copper Discovery by Foran in Tesla Zone at McIlvenna Bay

Key Highlights: - Significant copper-rich breccia and mineralization found in Hole TS-24-30. - High-grade section of massive sulphide with 4.29% copper, 8.21% zinc discovered. - Tesla zone's potential demonstrated through infill drilling. - McIlvenna Bay boasts substantial copper and zinc reserves. Foran Mining Corporation has uncovered high-grade copper...

The Bold Move of Magna Mining in Acquiring Sudbury Copper Mine

Magna’s Strategic Acquisition Set against a backdrop of relentless ambition, Magna Mining recently announced an audacious move to acquire the Sudbury copper mine from KGHM. The eye-catching deal involves a mix of C$5.3 million in cash, C$2 million in Magna common shares upfront, an...

Six new large mines need to come online annually by 2050 to meet global copper demand – study

This is particularly the case taking into account that the Inflation Reduction Act, signed into law in 2022, calls for 100% of cars manufactured to be electric vehicles by 2035. But an electric vehicle requires three to five times as much copper as an...