Gold, copper equities to rise, metals flat: analysts
Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.
The deal comes at a time when prices for uranium, used to fuel most of the world's nuclear reactors supplying 16% of the global energy, have increased significantly last year due to rising demand and limited supply.
Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.
Frank Giustra-backed company joined the TSXV on Friday in what may be Canada’s first Indigenous company to focus on production contracts like net smelter returns.