Not only gold and silver, but also copper could be on the verge of a significant price breakout.
The all-time high is a good US$11,000 per ton of copper. On the one hand, a deficit is expected on the copper market for the current year. On the other hand, the demand outlook is excellent. Copper is a metal that will be in demand in the future. Should the breakout happen, the companies with copper in their projects will also profit from this, and promising stocks are in demand. These include not only the big players in the industry, but also not so big companies such as Hannan Metals or Aurania Resources, which have extremely promising projects.
Hannan Metals - https://www.youtube.com/watch?v=EPhvb6QGDXs - is developing large copper-silver and copper-gold deposits in Peru, making it a junior with a significant land position. The San Martin project and the Valiente project are particularly in focus.
Aurania Resources - https://www.youtube.com/watch?v=mihVbjz4NJE - is also a promising junior company with a focus on Ecuador. There lies the company's The Lost Cities Cutucu project, which contains gold and copper. In addition, Aurania Resources has partnerships and joint ventures.
The largest copper producer on earth is Codelco, followed by Freeport-McMoRan (Grasberg mine). Glencore is in third place. The next place among the big players goes to BHP Billiton (Olympic Dam property). The latter two produced less in 2021 than in the previous year. Fifth-place Southern Copper also saw its annual production decline last year compared with the previous year. In contrast, First Quantum, ranked sixth in the hit list of the largest copper producers, reported the highest annual production in the company's history.
Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
The all-time high is a good US$11,000 per ton of copper. On the one hand, a deficit is expected on the copper market for the current year. On the other hand, the demand outlook is excellent. Copper is a metal that will be in demand in the future. Should the breakout happen, the companies with copper in their projects will also profit from this, and promising stocks are in demand. These include not only the big players in the industry, but also not so big companies such as Hannan Metals or Aurania Resources, which have extremely promising projects.
Hannan Metals - https://www.youtube.com/watch?v=EPhvb6QGDXs - is developing large copper-silver and copper-gold deposits in Peru, making it a junior with a significant land position. The San Martin project and the Valiente project are particularly in focus.
Aurania Resources - https://www.youtube.com/watch?v=mihVbjz4NJE - is also a promising junior company with a focus on Ecuador. There lies the company's The Lost Cities Cutucu project, which contains gold and copper. In addition, Aurania Resources has partnerships and joint ventures.
The largest copper producer on earth is Codelco, followed by Freeport-McMoRan (Grasberg mine). Glencore is in third place. The next place among the big players goes to BHP Billiton (Olympic Dam property). The latter two produced less in 2021 than in the previous year. Fifth-place Southern Copper also saw its annual production decline last year compared with the previous year. In contrast, First Quantum, ranked sixth in the hit list of the largest copper producers, reported the highest annual production in the company's history.
Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
