Copper is on a magical run. First Quantum Minerals sells copper mine in Spain. Let's discuss! Visit myoddman.com and subscribe for more! Super News #115.
Episode Transcript
Copper is on a magical run. It's a scrapper's paradise out
there in the streets. The old neighborhood has never
looked better. There hasn't been a run up like
this in the copper market since 2009.
Canadian based mining company First Quantum Minerals, ticker
(00:24):
symbol FM, has officially sold the Cobra Las Cruces copper mine
in Spain. This deal is valued at $190
million. This acquisition frees up cash
and will aid in the developmental milestones that
(00:45):
First Quantum Minerals has drafted.
Deals such as this one and priority shifting across global
trade are a large reason we are seeing huge gains in the copper
market.
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