No 1 source of global mining news and opinion
Peru’s dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor interest, the country’s mining minister said on Friday.
Goldman Sachs earlier in the day hiked its year-end price target to $12,000 per ton, from $10,000 previously, citing the copper market’s path into scarcity and expectations of a larger deficit of the key metal needed for electrification. The minister added he had met with executives from Newmont , Teck Resources , Hudbay Minerals , Antofagasta Minerals and others in recent months, who had shown interest in new ventures and operational mines.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Strong jobs, strong growth, not enough: The economic win still eluding BidenPresident Joe Biden has benefited from strong growth in economic output and jobs, but high inflation and interest rates still weigh on his approval ratings.
Read more »
Impact: Strong Winds & Few Strong Storms, Heavy Rain TonightWinds may gust greater than 40 miles per hour tonight as periods of heavy rain cross the Valley. There may be isolated, embedded strong to severe thunderstorms as well.
Read more »
Strong storms may bring flooding, strong winds to the South this weekendThere is a threat of heavy downpours that may bring flash flooding in Texas.
Read more »
Monday's analyst calls: Ford set for strong gains ahead, big Nvidia price target hikeA major automaker and a key chipmaker were featured among Monday's biggest analyst calls.
Read more »
Near Protocol price poised for a strong rally if history rhymesNear Protocol (NEAR) price has broken above two critical roadblocks over the past year.
Read more »
Near Protocol Price Poised for a Strong Rally if History RhymesNear Protocol price has broken above two critical roadblocks over the past year. After the first breakout, which happened around December, the AI crypto coin retested the blockade as part of a confirmation of the breakout. Ondo (ONDO) price continues to show weakness, aligning with broader market sentiment as altcoins take their cues from Bitcoin (BTC). The altcoin has managed to trade within a range, clinging to a crucial level as it repelled further to the downside. Near Protocol price poised for a strong rally if history rhymes.
Read more »