First Quantum Minerals Ltd Stock Forum

Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices decline by 1.9% in a week
•Energy metals: Li carbonate prices drop to three-year low
•Precious metals: Gold prices fell by 1.7% in the past week
•Bulk commodities: Thermal coal prices rise to three-month high
Spot Price Snapshot
Key Price Move...

With the market's expectation of a rate cut by the Federal Reserve, a marked uptick in gold acquisition by central banks around the globe, and enduring geopolitical conflicts in the Middle East, gold prices soared in 2024, and silver prices followed suit. Copper's value climbed as well, supported by the dual pressures of forecasted supply deficits and an escalation in demand. The rise in commodity prices in 2024 boosted ...

Gold's record-breaking rally and the continued march higher for silver and copper are fueling the rally in mining stocks and Canadian equity indices.
Precious metals extended their rally after Iranian President Ebrahim Raisi was killed in a helicopter crash, fueling uncertainty over the succession of power in the country. Investors are also piling on metals amid speculation that the U.S. Federal Reserve may start cu...

From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, mining is an important natural resource sector.
Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...

The latest research report from Goldman Sachs shows that the copper market is expected to experience its highest level of tightness since 2021, facing a projected deficit of 428kt in 2024, with merely 260kt of currently visible stock.
Over the past three months, the market has been impacted by a supply shock due to a succession of downgrades in mine production. Panama's decision to of...

The court ruling could risk the mine's 5% contribution to Panama's economy and 75% of its goods exports due to likely production reductions at First Quantum Minerals. This could lead the company to consider arbitration options under the Panama-Canada free trade agreement, indicating potential legal fights in the future.