Absolutely correct about zinc.
Everyone is talking about copper. But when l checked yesterday l saw aluminium was up 9.4% in the past month vs. copper 9.7%. Silver has been strong -- up 15% the past month, following gold upwards. Zinc was up about 8% over the month, from memory. All these are commodities we mine. Tin which we don't mine, has had a great year. MetalsX (MLX) up 60% in 3 weeks. Base metals doing really well.
S32 is up 16% since 26th March.
I read this today about zinc:
https://www.reuters.com/markets/commodities/smelter-charges-collapse-zinc-mine-supply-falters-2024-04-09/
And in the space of a fortnight, it feels like Groote Eylandt and our manganese problems are ancient history.
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Absolutely correct about zinc.Everyone is talking about copper....
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No. | Vol. | Price($) |
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2 | 10648 | 3.680 |
2 | 14049 | 3.670 |
6 | 344121 | 3.660 |
8 | 183116 | 3.650 |
Price($) | Vol. | No. |
---|---|---|
3.710 | 151973 | 3 |
3.720 | 196811 | 15 |
3.730 | 21009 | 3 |
3.740 | 76861 | 11 |
3.750 | 208289 | 25 |
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