Articles for tag: Copper, price, store, whats

December 14, 2024

Ron Finklestien

mining

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, twice the daily average for the Dow. However, cooler heads in London recognized that this price spike was primarily a U.S.-based event. Cargoes intended for Rotterdam and Shanghai were swiftly redirected, while LME futures have yet to reach $11,000 per tonne. Copper: The Next Big Thing A French hedge fund manager, known for being consistently confident,

February 2, 2024

Ron Finklestien

mining

The Conundrum of Junior Miners in a Booming Market

Ross Beaty: A Mining Visionary Speaks Ross Beaty, a prominent figure in the mining industry, shared his insights with The Northern Miner at AME Roundup 2024. Credit: Northern Miner In an unprecedented market, with gold and copper hovering around all-time highs, mining veteran Ross Beaty expressed astonishment at the absence of financial support for the junior mining sector. During an interview at AME Roundup in January, the chair of Equinox Gold and founder of Pan American Silver delved into the intricate dynamics that will untangle the current paradox, shedding light on cost pressures within the industry and explicating the prevailing