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Copper Is Under Selling Pressure – TDS
Red Metal is under selling pressure influenced by price action in the base metal complex, TDS Senior Commodity Strategist Ryan McKay notes.
Taseko Issues 2023 Sustainability Report
VANCOUVER, BC, June 25, 2024 /PRNewswire/ - Taseko Mines Limited (TSX:TKO) (NYSE:TGB) (LSE: TKO) ("Taseko" or the "Company") has published its annual Sustainability Report, titled H20 + ESG.
Reported Wednesday, Taseko Mines Ratifies Labour Agreement At Gibraltar Mine, Operations Resume
Reported Wednesday, Taseko Mines Ratifies Labour Agreement At Gibraltar Mine, Operations Resume
Copper's empty pressure has doubled with signs of a repeat of the empty signal.
After experiencing a historic squeeze last month, the New York copper market has tightened again.
Another sign of forced short covering! New York copper spot premium soars, will last month's situation repeat itself?
The price of Comex copper futures contract for July delivery is currently 7.4 cents higher per pound than the September contract; this rapid intensification of the spot premium phenomenon typically signals a shortage of current supply; undoubtedly, this has sounded an alarm for commodity traders and investors holding short positions on July contracts.
Stocks in Play: Taseko Mines Limited