C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) said on Monday its first-ever drill hole at the Khaleesi copper project in southern Peru intersected a broad zone of copper mineralization, marking an early success at the greenfield property. The Vancouver-based explorer said the hole cut 269 metres grading 0.3% copper, including 60.4 metres at 0.41% copper, from a depth of 346 metres downhole.
CNBC's Diana Olick reports on California-based startup, Copper, who created a battery-powered induction stove as an alternative to more complicated installations.
The AI boom isn't just reshaping the digital economy—it's triggering a copper crunch that could redefine global resource markets for decades. As hyperscale data centers multiply and energy demand surges, copper has emerged as the silent backbone of the AI revolution, pushing prices to record highs and stretching supply chains to their limits.
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The fund is a specialized investment entity that focuses on achieving its investment objectives through strategic investments in copper futures contracts. Specifically, its goal is to mirror the performance of the Benchmark Component Copper Futures Contracts. These contracts are traded on the Commodity Exchange, Inc. (COMEX), which is a primary marketplace for trading commodities including metals. The fund's strategy involves constructing a portfolio that reflects the investment returns of copper futures, providing investors with exposure to the price movements of copper in the global commodities market.
This product is the core of the fund's investment strategy, involving futures contracts that are based on the price of copper. By investing in these contracts, the fund aims to replicate the performance and return profile of copper as a commodity, leveraging the fluctuations in copper prices for investment gains.
The SCI Portfolio is designed to capture the investment returns from a carefully selected portfolio of copper futures contracts traded on COMEX. This service aims to provide investors with a diversified exposure to copper as an investment asset, optimizing returns through strategic selection and management of futures contracts.