Southern Copper Corporation is a prominent mining company primarily engaged in the exploration, extraction, and production of copper, along with other minerals such as molybdenum, zinc, and silver. The company operates extensive mining operations in Peru and Mexico, leveraging its rich mineral reserves to supply a vital resource for various industries, including construction and electronics. Southern Copper is dedicated to sustainable practices and environmental stewardship, aiming to minimize the impact of its operations while maximizing economic benefits to the regions in which it operates. The company also pursues technological advancements and innovation to improve its mining processes and overall efficiency.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
Wall Street traded lower for the second consecutive day on Tuesday, as investor sentiment turned cautious with the U.S. presidential election just two weeks away. Concerns over U.S. fiscal policies and potential shifts in economic direction fueled the pause in risk-taking.
Wall Street inched higher on Tuesday, with the Nasdaq 100 outperforming other major indices, while cyclical sectors linked to metals and industrial commodities saw strong gains, fueled by a surprise stimulus package
Despite looming copper deficit, substitution not enough to fill supply gap. EVs, renewable energy, China pose challenges. JPMorgan favors Teck, Lundin, Sandfire, Zijin, CMOC, Rio Tinto, and Anglo American for copper exposure.
Copper is increasingly viewed as a barometer for global financial health. In this article, we’ll explore why this metal attracts attention and when to buy it, analyze promising stocks, and discuss innovative strategies for capitalizing on this trend.
