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Forget the gold price, copper was most profitable covid-19 trade – MINING.com
Investing in top copper mining stocks during the covid-19 meltdown handily beat returns on gold majors – FCX surged 92% in four months.
We needed a hero and we got one. Image of Captain Copper, superhero created to teach kids about the metal, courtesy of Chile state miner Codelco
The gold price is approaching all-time highs above $1,900 an ounce.
Investors are showering gold ETFs with money, which, if ever redeemed for physical bullion, would suck up the output of all the worlds gold mines for more than a year.
The copper price? Its hardly moved from its 2020 opening levels. The bellwether metal looks likely to be rebuffed …
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