Base Metals

Reuters reports that Barrick’s (TSE:ABX) $7.68 billion offer copper miner Equinox Minerals (TSE:EQN) explains the global demand for copper.

Reuters reports that Barrick’s (TSX:ABX) $7.68 billion offer copper miner Equinox Minerals (TSX:EQN) explains the global demand for copper.

The market news is quoted as saying:

Both copper and gold prices have hit record highs this year — copper on the London Metal Exchange touched an unprecedented $10,190 a ton in February, while spot gold rallied to a record $1,518.10 an ounce as recently as Monday.

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Gold1786.23-5.33
Silver20.50-0.09
Copper3.66+0.01
Palladium2239.00-9.00
Platinum948.00+2.00
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Heating Oil3.40-0.01
Natural Gas8.29+0.09

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