United States Copper Index Fund

CPER

Market cap $776M

Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF, FRA:A4A) told investors that first-quarter copper production surged almost sevenfold as its Demirli mine helped drive a sharp step-up in output, while stronger sales and lower debt pushed the group deeper into net cash. The Azerbaijan-focused producer turned out 3,711 tonnes of copper in the three months to 31 March, up from 534 tonnes a year earlier.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Shares in Bezant Resources PLC (AIM:BZT) rose 11% to 0.075p after the company reported a sevenfold increase in the open-pitable mineral resource at its Hope and Gorob copper-gold project in Namibia, extending the life of mine from one year to 7.5 years. The updated estimate, prepared by independent consultants Sound Mining under the JORC Code (2012), puts the gross open-pitable resource at more than 3.0 million tonnes, up from 0.41 million tonnes in the 2023 estimate, grading 1.24% copper, with silver and gold credits.

Copper has doubled in price per metric ton over the past decade, and every major electrification trend — from EV manufacturing to grid expansion — runs on it.

The red metal's selloff looks extreme. The upside trend is still intact.

Four weeks in, the ongoing conflict in the Middle East has evolved into one of the most severe recent energy shocks, according to the International Energy Agency, the International Monetary Fund, and the World Bank.

Copper theft is forcing cities to rethink street lighting. Los Angeles Mayor Karen Bass says replacing 60,000 copper-wired lights with solar could cut theft and push environmental goals at the same time

Copper prices have proved surprisingly resilient in the face of the Middle East conflict, but UBS warns the metal has only just begun to price in the risk of weaker global demand. A full-blown recession could push prices sharply lower, the Swiss bank said.

Trump signals Iran progress, oil drops sharply, and risk appetite returns -- here are 5 beaten-down ETFs that could rally if tensions ease.

With no ceasefire in sight, the bank sees copper prices falling to $4.20 a pound and warns that the 'buy the dip' trade is close to exhaustion. A war with no end is forcing one of the City's biggest research teams to tear up its commodity outlook.