01208 MMG
- 3.580
- -0.090-2.45%
MMG News
Minmetals Resources (01208.HK): MMG Kinseever and Minmetals Nonferrous enter into a sales framework agreement for crude cobalt hydroxide concentrate
Minmetals Resources (01208.HK) announced that on May 9, 2024, MMG Kinsevere SARL (MMG Kinsevere) and Minmetals Nonferrous will sign a sales framework agreement (framework agreement) for MMG Kinsevere's sale of this product (MMG Kinsevere's crude cobalt hydroxide concentrate produced at the Kinsevere mine in the Democratic Republic of the Congo).
Touching $10,000 once again! Goldman Sachs sings “Doctor Copper”: Shortage of supply will push copper prices to $12,000 by the end of the year
Copper prices once surpassed 10,000 US dollars per ton, as investors increased their bets on the Fed's interest rate cut, and Goldman Sachs warned that supply pressure would increase.
Copper prices once again surpassed 10,000 US dollars, and Goldman Sachs fanned the flames: there is a risk of “out of stock”
Goldman Sachs raised its target price for Luntong to 12,000 US dollars per ton at the end of the year. Skeptics warned that this round of speculative increases may soon subside.
Is breaking through $10,000 just the starting point? Goldman Sachs raised the target price of copper: the average price will reach 15,000 US dollars next year
① Goldman Sachs raised its year-end copper price target from 10,000 US dollars per ton to 12,000 US dollars per ton, which means another 20% increase from the current price; ② Goldman Sachs also predicts that the average price of copper will rise to 15,000 US dollars in 2025.
Express News | Goldman Sachs raised its copper price target by 20% to $12,000 per ton by the end of the year.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Hong Kong Resources stocks strengthened at the beginning of the market. Minmetals Resources and Luoyang Molybdenum rose nearly 3%, while China Aluminum and China Gold International rose more than 2%.
Express News | CITIC Metals: Participating companies received an audit and assessment notice from Peru's National Tax Administration and Supervision Administration
Goldman Sachs: To stimulate supply, copper prices need to rise to 15,000 US dollars
Goldman Sachs raised the forecast value for copper prices this year from 10,000 US dollars/ton to 12,000 US dollars/ton, indicating that copper prices must rise to 15,000 US dollars/ton next year to avoid a supply gap. Goldman Sachs expects the copper density of AI data centers to increase from 25 tons to 40 tons per megawatt.
Express News | Goldman Sachs raised its year-end copper target to $12,000 per ton
Minmetals Resources (01208): MLB intends to appeal the 2018 income tax assessment to SUNAT
Minmetals Resources (01208) announced that Minera Las Bambas S.A. (MLB...
“Dr. Copper” is short in supply and “added to the blockage”: climate change will cause half of copper mines to face drought
Even under the optimistic 2050 low emissions scenario, more than half of the world's copper mines will be located in regions facing significant, high, or extreme droughts.
Hong Kong non-ferrous and gold stocks weakened. Jiangxi Copper and Shandong Gold fell by more than 4%, while many stocks such as Minmetals Resources, Luoyang Molybdenum, and China Gold International weakened.
Hong Kong non-ferrous and gold stocks weakened. Jiangxi Copper and Shandong Gold fell by more than 4%, while many stocks such as Minmetals Resources, Luoyang Molybdenum, and China Gold International weakened.
Hong Kong stock concept tracking | Small metals or bullish institutions are optimistic that the current high copper price boom is not over yet (with concept stocks)
CITIC Securities: The current boom in copper prices is not over
Express News | CITIC Securities: The current high copper price boom has not ended the whole year or is showing a trend of rushing back
After a lapse of two years, Luntong broke the 10,000 mark and the bulls shouted: only a 20% increase can supply be revived
① The price of three-month copper on the London Metal Exchange once rose more than 1.7%, returning above 10,000 US dollars per ton after a lapse of two years; ② analysts believe that the reason for the steady rise in copper prices is because outsiders speculate that it may be difficult for global mines to meet the upcoming wave of green industry demand.
A new high in two years! “Dr. Copper” surpassed the 10,000 dollar mark
BlackRock and Goldman Sachs are expecting “the next stop for copper prices”: see you at $12,000!
“Doctor Copper” continues to soar! LME copper rises above 10,000 US dollars/ton, next stop is 12,000 US dollars?
The copper market supply and demand pattern is still expected to tighten
Huafu Securities: Mid-term mining shortage is difficult to ease long-term copper prices still have upward momentum
On the supply side, the tight supply situation on the mining side has not abated. As of April 19, domestic spot copper refining and processing costs were 3.4 US dollars/ton; on the demand side, due to high copper prices, market consumption was sluggish, and shipments in many regions were lower than normal.
Changes in Hong Kong stocks | China's non-ferrous mining industry (01258) rose more than 6%, leading the rise in copper supply disturbances in copper stocks, which is expected to drive continued price breakthroughs
The Zhitong Finance App learned that copper stocks generally rose in early trading. As of press release, China's non-ferrous mining industry (01258) rose 6.28% to HK$6.77; Minmetals Resources (01208) rose 4.27% to HK$3.66; Luoyang Molybdenum (03993) rose 4.76% to HK$7.49; Zijin Mining (02899) rose 3.17% to HK$17.6. SDIC Securities released a research report saying that Zambia is cutting electricity supply, and the China-Africa copper belt is facing a reduction in production. Copper mine production cuts continue to occur, and Cobre Panama and Sosse, which cut production earlier
Changes in Hong Kong stocks | Minmetals Resources (01208) fell more than 4%. Total copper production in the first quarter decreased by 3% year-on-year, and total zinc production increased by 93%
Minmetals Resources (01208) fell by more than 4%. As of press release, it was down 3.93% to HK$3.42, with a turnover of HK$140 million.
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