Soaring prices of by-products such as gold and silver enable two major copper giants to achieve 'negative cost mining.'

① Due to the surge in prices of by-products such as gold and silver, the production costs for copper at Southern Copper and Vale SA have turned negative; ② Southern Copper's cash cost per pound of copper produced in the first quarter was negative $0.11, compared to positive $0.77 in the same period last year.

cls.cn15:27 ET

Earnings Preview: Ero Copper to Report Financial Results Post-market on May 04

Moomoo NewsApr 28 21:00 ET

Canadian Investors Are Missing This Huge Trend Right Now

The Motley FoolApr 28 21:00 ET

Record Margins, Shrinking Supply: Why Capital Is Chasing Copper Right Now

GlobeNewswireApr 23 09:10 ET

Copper Rises After Trump Extends Iran Ceasefire; Aluminum Seen Facing 'Black Swan' Supply Shock

Seeking AlphaApr 22 11:19 ET

BMO Capital Maintains Ero Copper(ERO.US) With Buy Rating, Cuts Target Price to $35.12

Moomoo NewsApr 22 08:31 ET · Ratings