News for FIL - but relative!! | | | | Tight Supply, Rising Demand and Low Interest Rate Creates Bullish Case for Copper | | 2021-11-10 08:50:08 AM ET (PR Newswire) | |
Copper has been one of the biggest winners in the commodities market this year, with China's carbon emission goals and America's 100% carbon pollution-free goals driving the demand for copper ever upwards. Copper holds an esteemed position as a bridge towards achieving global climate change goals, pushing the need for more copper production to address the supply shortages. The global supply shortage has pushed copper prices upwards again, with the trend expected to continue as fears of a global shortage grow. Meanwhile, copper mining and exploration companies like Kutcho Copper Corp. (TSXV:KC) (OTCQX:KCCFF), Copper Mountain Mining (TSX:CMMC) (OTCPK:CPPMF), Foran Mining Corporation (TSXV:FOM) (OTCQX:FMCXF), Oroco Resources Corp. (TSXV:OCO) (OTCQB:ORRCF), and Filo Mining Corp (TSX:FIL) (OTCQX:FLMMF) are working towards meeting the growing demand for copper through different exploration and expansion programs.
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