Copper prices have surged to a record high — driven by fears of a supply crunch and potential US tariffs. Jack Ryan explains.
Miners dominated the FTSE 100 risers' list as copper surged to fresh highs on deficit fears and a wider base metals rally. Copper traded up to $12,742 per tonne overnight on the London Metal Exchange.
Gold, silver, copper, and platinum have had a historic run to record highs in 2025. We look at the rise of metals, the outlook for 2026, and how it compares to crypto which has been lagging.
Copper could outperform gold and silver in 2026, according to this market technician. Plus, investment newsletter commentary on stocks, bonds, crude.
Bank of America (BofA) analysts have highlighted 10 key macro trends expected to shape the global economy and markets in 2026, signaling optimism for US and China growth while cautioning on the potential risks from artificial intelligence (AI) investment. On a macro level, BofA economists raised their 2026 US GDP growth forecast to 2.4% year-over-year, citing factors such as fiscal stimulus, tax reforms, and continued Fed rate cuts.
Consumers already battered by higher prices are about to feel another squeeze -- and this one is coming from copper.
Copper prices hit a fresh all-time high on Tuesday, topping $12,000 a ton, as a combination of mine outages, trade disruptions, and robust demand for the industrial metal propelled North American copper producers and developers higher. On the London Metal Exchange, prices climbed as much as 2% to $12,159.50 a ton, extending a rally that has pushed copper more than a third higher in 2025, putting the metal on track for its biggest annual gain since 2009.
C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) CEO Dan Symons talked with Proactive about the company's encouraging results from its first-ever drill hole at the Khaleesi target in southern Peru. The Khaleesi project lies around eight kilometres west of the company's existing Montaña de Cobre resource, which hosts 52.0 million tonnes at 0.5% copper and 0.2g/t gold.
Chile, the world's top copper producer, elected a pro-business president, as world copper prices surge to record highs on expected demand from electric vehicles and artificial intelligence data centers.
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.