Southern Copper Corporation Aktie News

Copper prices and shares of copper miners have just run too hot—and look vulnerable to declines.

Rio Tinto Ltd (LON: RIO) is in the green at writing after naming Bold Baatar its new chief commercial officer. Rio Tinto is committed to expanding in copper Baatar has been with the mining giant since 2013 – at present serving as its chief of copper operations.

As copper futures continue to trade near record highs, a significant development has emerged from China. Major copper smelters are contemplating output reductions.

Copper stocks are on fire with leading names hitting a new highs on Monday.

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Great Southern Copper PLC (LSE:GSCU) reported high-grade copper, gold, and silver assay results from its Victoria prospect at its Especularita copper/silver project in northern Chile. While the company completes scout drilling programmes at Especularita's Abundante and Teresita, as reported last week, chief executive Sam Garrett explained, the exploration team is working to enhance the pipeline...

Great Southern Copper said it has completed scout drilling Abundante with drilling now underway at Teresita.  Both prospects are within the company's Especularita copper/silver project in the coastal metallogenic belt of northern Chile.

From being a hedge against inflation to use cases in jewelry and electronics or being a tangible asset with no counterparty risk, precious metals have always had a different appeal. Plus, they hold a high economic value due to their scarcity and usefulness.