The copper price has risen above $10,000 per ton, reaching $5. 11 per pound in the US, with a potential target of $7 per pound. A market deficit is expected due to increasing demand and a lack of new copper deposits. The US tariffs impact pricing, with a notable price difference between US futures and the LBMA. Arizona Sonoran Copper is developing the Cactus project, showing promising economic potential. Foran Mining is progressing on the McIllvenna Bay project, aiming for commercial production by 2026. Both companies present strong investment opportunities in a rising copper market.
Copper Market Update with Two Excellent Companies: Arizona Sonoran Copper and Foran Mining
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