Contact Us

Tuesday, June 11, 2024

Copper Miners Gun for Share of Windfall in Chile

 

Copper traders, investors and producers have been glued to their screens in the past month as prices surged to a record in anticipation of a global shortage. Another group has also been watching closely — mine workers. Even after a recent pullback, copper remains one of the best-performing metals this year, with futures up 15%. It’s not surprising the high prices that swell the producers’ bottom lines also inflate wage expectations.

https://www.bloomberg.com/news/newsletters/2024-06-10/copper-miners-gun-for-share-of-windfall-in-chile?srnd=homepage-canada

No comments:

Post a Comment