Copper prices hit 8-year high on pandemic-induced government spending and tightening supplies Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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If 2020 was the year for gold, 2021 is shaping up to be the same for copper.
Copper futures hit an eight-year high on Wednesday, trading as high as US$3.84 a pound on the CME. The industrial metal is being driven higher by rebounding global demand, a tightening supply picture and speculative bets tied to copper’s promise as a green-energy constituent of a low-carbon future.
Veteran mining banker Egizio Bianchini to lead Stifel Financial team
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Wednesday s analyst upgrades and downgrades - The Globe and Mail
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