Wall Street’s leading metals & mining analyst, Chris Lefemina at @Jefferies, just made this bullish comment on copper:
“We had been accused of being too bullish on copper in recent years, but our price deck now appears to be overly conservative, as we forecast an average price of just ~$5.84/lb from 2026-2030. We believe an environment of >$8/lb copper for an extended period is increasingly likely over the next 3-5 years.”
Copper officially closed at record weekly prices today.
This increasingly looks like the beginning of a true price-discovery phase for the metal.
It reminds me of gold once it finally cleared the $2,000/oz level and the market began adjusting to a completely different pricing regime.
Copper remains one of the most compelling supply-demand disconnects anywhere in markets today.
https://t.co/7yg6YvM9g3
Namibia is a jurisdiction we are proud to be associated with & Marion Rae from Stockhead outlines in her piece the vast amount of activity across all sectors which truly demonstrates the advanced nature of the Namibian resources industry
#ipo#copper
https://t.co/ZumvV7ysGe
Kaoko Metals is set to accelerate its high-grade copper hunt in Namibia having launched its IPO ahead of a proposed listing on the ASX next month.
https://t.co/5tkHprKa4H
Kaoko stands at the forefront of opportunity in the highly prospective Kaoko Belt of north-western Namibia, an emerging copper province that is drawing increasing interest from the global metal mining community. @dinosaurman1@JodyDahrouge
ASX Announcement: High Grade surface silver results up to 𝟵𝟮𝟬𝐠/𝐭 𝐀𝐠 recorded ~300m to the north and ~150m to the south of Elizabeth Hill mineralisation
🔗 Read full announcement: https://t.co/WuGh1YF1Dp
$ERW #Silver#WestCoastSilver#ASXNews#StockNews#ASX#MiningNews #MiningStocks #ElizabethHill #Mining #PreciousMetals #silversqueeze
@SunSilver_SS1 Maverick regularly delivered throughout the inaugural drill campaign & has again. Consistent intercepts of silver demonstrate the robust nature of the resource and I’m looking forward to seeing results the drill bit returns in 2025
#silver#gold#mavericksprings