Markets Wobble but Copper Prices Hold Firm

Recording date: 16th February 2034The Battery Show (Copper Bottomed, Episode 13)Copper prices continue to absorb pressure in early 2024 from a strong US dollar and weak economic data from China. Prices have dipped to US$3.70 / lb and end the week at US$3.80 / lb. Meanwhile it is still hard to define simple metallurgy, good grade, easy geometry, shallow resources. Right on cue American West Metals delivers a maiden mineral resource for Storm which ticks all of those boxes, although investors will need to assess the impact of extreme weather conditions and the indium asset. Elsewhere, the explorers have their drill rigs turning. Merlin discusses two weeks’ worth of results, some excellent, some less good, from the following companies Filo Corp, Surge Copper, Hercules Silver, Copper Fox, Koryx Copper, Trigon Metals, Arizona Sonoran, Amaroq, T2 Metals, Callinex; Xanadu, Benton, Barksdale and Emerita.—Learn more: https://cruxinvestor.com/categories/commodities/copperSign up for Crux Investor: https://cruxinvestor.com