Hello Share Wallowers. The old punter has drawn your wise attention to copper in a few fairly recent articles. The fact is that it’s used widely in the production of electricity. And it’s useful in both dirty ways of producing power and in the green revolution. Its conductive powers are going to be in increasing demand. Which leads me to Antofagasta (ANTO), which owns several copper mines in South America.
Hello, Share Scrapers. Many commodities are rising in value as the world returns slowly to normal after covid. One of the world’s most useful metals is copper, especially in the plumbing and electrical areas. Think electric cars, for example. Therefore a company which produces and sells the stuff is probably going to see a rise in its profits and consequently its share price.
John Meyer of SP Angel this morning comments on Antofagasta (ANTO), BHP Billiton (BLT), Ortac Resources (OTC), Polymetal International (POLY), Premier African Minerals (PREM) & Sirius Minerals (SXX) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.