Copper defies Covid-19 demand shock

Supply concerns from top producer Chile and a Chinese equities bull run sent Shanghai copper to its highest level in more than 16 months on Thursday, while prices in London hit a near six-month peak. The

Copper prices are likely to stabilize in the coming quarters despite a recent surge in the red metal’s value, analysts have predicted. Three-month copper futures on the London Metal Exchange (LME) broke the $6,000-a-ton threshold by

Morgan Stanley, JPMorgan, and Goldman Sachs all foresee the gold price rallying by 2021. According to a research paper from Bloomberg, the precious metal’s uptrend can fuel a Bitcoin upsurge. Top financial institutions in the U.S. attribute

Copper prices were heading for a fifth consecutive weekly gain on Friday as inventories declined and stock markets rose while demand improved in top consumer China. Investors are increasingly optimistic about an economic rebound, with the

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, has noted the Drilling Operations Update released by Southern Gold Limited earlier today. Metal Tiger has a 17.1% equity interest in

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, has provided an update in respect of the Botswana copper focused explorer, Kalahari Metals Limited, in which Metal Tiger has a

Copper futures’ prices rose on Friday and had coffered their fourth consecutive weekly percentage gain as a significant scale of decline in inventories has been pointing towards a turnaround in demands, while traders across the globe were

Shanghai copper jumped on Wednesday to its highest level in nearly 20 weeks, recouping almost all of its losses caused by the COVID-19 pandemic on strong demand in China and low stocks. The most-traded July copper

Copper prices rose on Monday on solid manufacturing data from China and a milder-than-expected response by the U.S. President Donald Trump on China’s security legislation for Hong Kong. Trump on Friday ordered the process of eliminating

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, has this morning announced its audited results for the year ended 31 December 2019. Highlights: Sale of the Group’s 30% interest in

In its 2019 EV Outlook, Bloomberg New Energy Finance (BNEF) gives an overview of where things stand and where they are heading in the electric vehicle (EV) market, both in Europe and globally. The report predicts that

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, has today provided an update in relation to its investment in Sandfire Resources Limited, which also relates to the Company’s uncapped

Metal Tiger plc (LON:MTR), the London Stock Exchange AIM listed investor in natural resource opportunities, has today announced that, further to the Company’s announcement of 17 December 2019, it has entered into a further equity derivative

Copper prices climbed on Monday as the reopening of economies paralyzed by the coronavirus crisis boosted hopes of a revival in demand for metals. Three-month copper on the London Metal Exchange (LME) rose 1% to $5,234.50