3 mining stocks for the economy ahead | The gold, silver & copper outlook

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

3 mining stocks for the economy ahead | The gold, silver & copper outlook

Blue Line Capital president Bill Baruch and analyst Jannis Meindl discuss the macro outlook and what it means for metals. With Gold at $2,000 and Copper set to see a China lift, we cover Agnico Eagle Mines, First Majestic Silver, and Southern Copper.Central banks were buying Gold at a record pace in 2022 and they're of to another strong start to the year in 2023.

Silver mines have invested in excess of EBITDA for years, making them challenging businesses on the surface. However, given the underinvestment story in the space and what could turn into much higher green-demand for the metal, we take a look at First Majestic and its peers.Southern Copper is one of the deepest reserves of copper in the industry, making it an attractive play as demand is set to double by 2035.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inflation may moderate, but pension funds aren't taking any changes as they increase their exposure to gold and commodities - Ortec FinanceInflation may moderate, but pension funds aren't taking any changes as they increase their exposure to gold and commodities - Ortec Finance Inflation pensionfunds goldandcommodities
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »