Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s): ARREF

Metals & Mining Industrial Metals & Minerals

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the... see more

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TSX:ARG - Post Discussion

Amerigo Resources Ltd > Copper prices

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Post by goldens on May 17, 2024 10:00am

Copper prices

Just hit over $5 on the Comex.

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Comment by lechmeir on May 18, 2024 10:33am

Recently, Goldman Sachs raised its year-end copper price target from 10,000 US dollars per ton to 12,000 US dollars per ton, which means that the price can rise by about 20% more than the current price. Goldman Sachs also predicts that the average price of copper will rise to $15,000 in 2025.May 6, 2024 Is breaking through $10,000 just the starting point? Goldman Sachs ...more

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