United States Copper Index Fund

CPER tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve.

iPath Bloomberg Copper Subindex Total Return ETN

Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has published an independent maiden JORC mineral resource estimate (MRE) for its Garadag copper deposit in Azerbaijan. Carried out by Mining Plus UK, the total resource (Indicated and Inferred categories) is approximately 900,000 tonnes of copper metal hosted in 285 million tonnes of mineralisation with average grades of 0.32%.

Anglo Asian publishes maiden resource for Garadag copper prospect

Sprott Junior Copper Miners ETF

Global X Copper Miners ETF

iShares Copper and Metals Mining ETF

Look at ETFs to capitalize on the red metal's bullish trend, driven by renewed investor demand and the Fed's interest rate cut.

ETFs to Consider as Copper Prices Reach 2-Month High

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

ProShares Ultra Gold

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

Gold hits yet another all-time high as the Fed rate cut finally arrives, and Australia's Gina Rinehart buys stakes in a South American copper project

Power Metal Resources PLC (AIM:POW, OTCQB:POWMD) has inked a deal to potentially earn into a new project, in Oman. A non-binding heads of terms agreement with Alara Resources Limited and Awtad Copper LLC, sees the company earn a 12.5% in the the Block 8 copper concession.

Power Metal Resources deals into copper project in Oman

Golden Arrow Resources Corp (TSX-V:GRG, OTCQB:GARWF) announced significant new copper mineralization intervals from its ongoing drilling campaign at the San Pietro iron-copper-gold-cobalt project in Chile. Highlights from one hole at the Rincones target include 110 meters of mineralization at 0.40% copper, 0.08 g/t gold, 85 g/t cobalt, and 18.0% iron, starting at 158 meters depth.

Golden Arrow reports long copper mineralization intervals at Rincones target

Bullish copper price scenarios have disappointed this year but UBS sees this as a case of a delay to something that will happen and the pure miners still have appeal for the medium term. Prices have been subdued as smelters have stayed open and demand has not recovered as strongly as expected, but the long-term story remains intact argues the bank.

Antofagasta still London's best way to play copper story - broker

$3.50/lb copper is possible before 2024 ends, warns Scott Pollan

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

Gold's downside risk mean it's a buy at $2,300, platinum prices have found a floor, copper headed lower still – TD Securities' Ghali

Copper prices have continued to fall and this decline seems to be in alignment with potentials talks of Federal Reserve interest rate cuts. When Doc Copper turns south, it's worth taking note.

Copper Facing Historic Price Decline If Support Fails!

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Market Concerns Over Recession Lead To Sharp September Declines

Are Copper And Oil Telling Us Something?

Freeport-McMoRan

Goldman ended its longstanding recommendation to buy copper.

Freeport-McMoRan Stock Falls as Goldman Cuts Copper Forecast

Sprott Copper Miners ETF

Copper prices have surged Tuesday, reaching their highest levels in nearly six weeks, according to CNBC. In New York, copper for September delivery briefly touched $4.3065 per pound on Tuesday, the highest since mid-July, before settling at $4.2365, up 0.4% for the day.

ETFs in Focus as Copper Prices Hit Six-Week High

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) received approval for the Mining Technical Work Plan for its Alacran copper-gold-silver project in Colombia. The approval, granted on August 27, marks a significant milestone towards the construction of the mine, which is expected to begin in the second quarter of 2025.

Cordoba Minerals secures key permit for Alacran copper-gold-silver project

NV Gold Corporation (TSX-V:NVX, OTC:NVGLF) has completed a technical analysis of its Oasis gold and copper project in Nevada, revealing significant potential for economic mineralization. The project, located in the Walker Lane structural and mineral belt of west-central Nevada, sits approximately 30 miles southwest of the Goldfield district, which has produced over 4 million ounces of gold.

NV Gold uncovers promising gold-copper target in Nevada

Prices of the red metal have been climbing steadily in recent weeks, paring losses after falling to a four-month low in early August. Saxo Bank's Ole Hansen said copper's recent rally had been bolstered by renewed demand from hedge funds which had previously cut their exposure "during the recent and deep 24% correction.

Copper prices near six-week high as one strategist says the 'worst of the correction is over'

The copper market faces potential supply constraints as the number of new copper projects being sanctioned has significantly declined, according to a recent report by Jefferies. The report highlights that the annual production capacity from newly sanctioned copper projects has fallen by 40% over the past five years, which has caused production to drop to approximately 900,000 tonnes per annum (ktpa) from nearly 1.5 million tonnes in the previous five-year period (2009-2013).

Copper supply under threat as new project sanctions decline, Jefferies warns

BHP Billiton

A new incentive regime for mining in Argentina is attracting major players such as BHP, who are starting to eye the South American country as the world's next frontier for copper, more than half a dozen mining industry officials told Reuters.

Focus: BHP's return to Argentina marks new hope for untapped copper mines

Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF) has announced capital expenditure capex reductions as part of its ongoing optimisation work at the BKM Copper Project. The company has identified savings exceeding US$26 million, with total pre-production capex savings expected to range between US$50 million and US$80 million.

Asiamet Resources announced capex reductions at BKM Copper Project

Chilean copper giant Codelco, under growing pressure from global clients demanding sustainable mining credentials, is trying to give itself a green makeover by investing in electric buses, cactus nurseries and recycling metal materials and tools.

Copper giant Codelco invests in EVs, cacti as part of green makeover

Copper futures hit a record high of $5.20 per pound in May 2024 before falling below $4 in August. Chinese economic weakness and rising inventories weigh on copper prices, but the long-term bullish trend remains intact. A compelling case for higher copper prices includes green energy initiatives, potential U.S. recession, and weakening U.S. dollar.

The Compelling Case For CPER On The Correction

Mining giant BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere, with workers emboldened by high copper prices to push for a larger share of the profits.

BHP's quick strike fix sets tone for labor talks amid copper rally

Barrick Gold

Copper is as strategic as gold is precious - Barrick Gold's Mark Bristow

A shift by Western economies away from China's copper supply chain could raise costs and delay the energy transition, says Wood Mackenzie. While supply chain risks can be mitigated in various countries, the scale of China's dominance in the downstream supply chain means complete replacement is 'unfeasible,' said a mining expert.

Replacing China in copper supply chain is 'unfeasible,' warns WoodMac, as the West seeks shift

Carlyle's Jeff Currie shares his take on how various market forces have pushed commodities into a new “supercycle.”

Gold, Oil, and Copper Prices Are Set to Rise, This Energy Analyst Says. What's Driving Demand Now.

Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.

News for United States Copper Index Fund ETF (CPER)