Inmet arranges $500-million equity financing; proceeds to be used for Panama copper project

The Toronto-based company produced 452,523 oz. gold last year, it said Thursday.

The contract was last up 1.0% at $4.2795.

Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs.

Copper and molybdenum production for 2024 was 106 million lb. and 1.4 million lb., respectively.