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Is copper the new gold? - The Northern Miner

Is copper the new gold? Underground miners at the the Vale do Curaça (MCSA) copper complex in northeastern Bahia State in Brazil. Credit: Ero Copper. One of the key themes that emerged from the 30th BMO Global Metals & Mining conference last week was the desire among many gold and base metal companies to increase their exposure to copper. The investment bank’s fireside chats with CEOs and presentations were not open to the media, but according to highlights BMO released each day, the outlook for copper and its importance to the green energy transition dominated much of the discussion. When BMO polled participants on the final day, more than 70% said copper “will see the strongest demand growth” (and well ahead of nickel), between 2021 and 2025.

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Magna and pot stocks help TSX to bounce back from two days of losses, loonie up

TORONTO Magna International and pot stocks helped Canada s main stock index to bounce back from two days of losses, while the loonie reached it highest level in four weeks. The S&P/TSX composite index closed up 110.20 points to 18,384.27. That s slightly lower on the week but up six per cent so far in February. In New York, the Dow Jones industrial average was up almost one point to 31,494.32. The S&P500 index was down 7.26 points at 3,906.71, while the Nasdaq composite was up 9.1 points at 13,874.46. “Canada seems to be the outperformer but when you look beneath the hood, it s being primarily driven by consumer discretionary and health care,” said Macan Nia, senior investment strategist at Manulife Investment Management.

New yorkUnited statesSaudi arabiaCanopy growth corpCronos group incMagna internationalHudbay minerals incAphria incDow jonesFirst quantum minerals ltdEro copper corpMacan niaManulife investmentCanopy growthCronos groupMiddle east

Magna and pot stocks help TSX to bounce back from two days of losses, loonie up

Magna and pot stocks help TSX to bounce back from two days of losses, loonie up
timescolonist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timescolonist.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesSaudi arabiaCanopy growth corpCronos group incMagna internationalHudbay minerals incAphria incDow jonesFirst quantum minerals ltdEro copper corpMacan niaManulife investmentCanopy growthCronos groupMiddle east

Magna and pot stocks help TSX to bounce back from two days of losses, loonie up

Magna and pot stocks help TSX to bounce back from two days of losses, loonie up
alaskahighwaynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alaskahighwaynews.ca Daily Mail and Mail on Sunday newspapers.

Magna and pot stocks help TSX to bounce back from two days of losses, loonie up

Magna and pot stocks help TSX to bounce back from two days of losses, loonie up
princegeorgecitizen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from princegeorgecitizen.com Daily Mail and Mail on Sunday newspapers.