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Wednesday, 06/05/2024 5:34:14 PM

Wednesday, June 05, 2024 5:34:14 PM

Post# of 128
Amid intensifying competition among commodity traders for copper, driven by the metals critical role on the global shift toward renewable energy and EVs, lucrative opportunities are arising for miners as copper prices continue to climb.

Reinforced by significant production cuts and operational challenges faced by major producers like Anglo American and First Quantum Minerals, the robust demand for copper coupled with supply constraints and rising development costs is reshaping the landscape. (Source: https://www.mining.com/web/traders-are-desperate-for-copper-deals-and-miners-are-cashing-in/)

Amid its continued release of promising and high-grade drill results, Abitibi Metals (AMQ.c AMQFF) seems well-positioned in the market with its extensive exploration program aimed at enhancing the B26 Deposit toward a historical resource toward and PEA. Latest results saw 57.2m at 1.78% CuEq in extensional drilling including 13.1m at 3.1% CuEq: