Who Is Actually Buying Copper?

Source: Mineweb, Simon Hunt (9/8/11)

"Copper is becoming a financial asset in place of its historic role as an industrial metal."

Mineweb, Simon Hunt

JP Morgan and Black Rock have been promoting physical copper ETFs on the basis that the copper market is extremely tight.

Slowly, the truth on whether the global copper market is really tight is coming out. It illustrates just how large an involvement the financial institutions have in the copper industry. It shows, too, that by throwing money at a market, prices can be driven higher. In the process the delicate balance between supply and the industry's requirements for a basic material is destroyed. Copper is becoming a financial asset in place of its historic role as an industrial metal. . .View Full Article

Expert Says Exploration Co.'s Gold Project Is Shaping Up
Source: Michael Ballanger (05/03/2024)

Michael Ballanger of GGM Advisory Inc. shares his thoughts on Fitzroy Minerals Inc. after having a discussion with its chairman.

Gold Explorer Prepares for 2024 Field Season
Source: Streetwise Reports (05/02/2024)

This Canadian company has a robust plan for its project in the Yukon as it looks toward a mineral resource estimate. Read on to learn why experts like this owner of multiple assets.

Silver Miner Improves QOQ Production in Q1/24
Source: Timothy Lee (05/02/2024)

Total production by this Buy-rated Canadian company exceeded estimates by 19%, noted a Red Cloud Securities report.

Gold Co. Shows Once Again Why It Is Best in Class
Source: Adrian Day (05/01/2024)

Global Analyst Adrian Day discusses good news at three of his major resource holdings. He notes that Agnico knocked it out of the park, Anglo upped the value of Orogen-'s royalty again, and Osisko had a major stream asset get bigger.