Copper prices rocket 11% higher in mad scramble following tariff threat: Is silver next to explode?
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Trump plans 50% tariff on copper; Freeport shares jump
US President Donald Trump said Tuesday he plans to impose a 50% tariff on copper as part of a sweeping set of sector-specific trade measures targeting metals, semiconductors, and pharmaceuticals. Copper futures in New York surged as much as 17% following the remarks, marking the largest intraday gain since at least 1988.
Trump says he will impose 50% tariff on copper imports
President Donald Trump said he will impose a 50% tariff on copper imports, and suggested more steep sector-specific duties are on the way. "Today, we're doing copper," Trump said during a Cabinet meeting.
Trump says he will impose 50% tariff on copper imports on Tuesday
President Donald Trump said he will announce a 50% tariff on imported copper on Tuesday, an effort to boost U.S. production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.
Third of chip production could face copper supply disruptions by 2035, PwC report says
Some 32% of global semiconductor production could face climate change related copper supply disruptions by 2035, quadrupling from today's levels, advisory firm PricewaterhouseCoopers (PwC) said in a report for business leaders on Tuesday.
Copper Hits a Three-Month High: ETFs in Focus
Copper hit a three-month high near $10,000/ton as tight supply, strong demand, and trade optimism fuel gains. Tap CPER and COPX.
Copper prices have been buoyant, but demand is about to flag, says influential investment bank
Citi's latest note on copper suggests demand growth will slow down as we move through the third quarter of 2025. The American bank's copper consumption tracker showed a strong 6.1% year-on-year increase in April, thanks mainly to early demand for solar projects in China and electric vehicle growth, also led by China.
ACG Metals: Canaccord flags upside as Gediktepe is readied to enter copper phase
Canaccord Genuity has launched coverage of ACG Metals Ltd (LSE:ACG, OTC:ACGAF) with a 'buy' rating and an 830p price target, pointing to significant upside as the miner prepares to shift from gold to copper at its flagship Gediktepe project in Turkey. The transition, scheduled for 2026, will see ACG move from its current gold oxide production to a copper sulphide operation.
Peru targets long-term mining dominance with copper, silver and zinc projects
Peru is ramping up efforts to cement its role as a global mining powerhouse, forecasting $4.8 billion in new investment in 2025 as demand for copper and other critical minerals accelerates. The Energy and Mines Ministry expects output to rise in 2025, as global producers and junior miners double down on one of the world's richest copper reserves.
Phoenix Copper emerges from the flames as shares jump 46% on $75m bond funding plan
Shares in Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF) surged 46% after the company signed a letter of intent with a US-based investor for a proposed $75 million bond placement to support its growth ambitions in the American mining sector. The deal would see the investor subscribe for secured, floating-rate copper bonds yielding at least 8.5% and maturing between 2029 and 2033.
Copper has strong long-term support, but recent rally may be running ahead of fundamentals
Copper has been one of the standout performers in global commodities this year, with prices rising sharply on hopes of a looming supply squeeze and growing demand from the energy transition. But according to analysts at RBC Capital Markets, the rally may be a little too hot, too soon.
TNR Gold eyes boost in Los Azules copper project resources - ICYMI
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) executive chairman Kirill Klip joined Proactive to discuss the company's transition into a cash-flow-generating royalty business and the major catalysts surrounding the Los Azules copper project in Argentina. Klip described 2024 as a crucial year for TNR Gold, marking its graduation from a project generator to a royalty-focused company.
