Copper sector heats up and the Fed narrows gold's trading range
21/01/2024
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A Chinese miner made a large investment into a Latin American copper developer, noted Kitco correspondent Paul Harris.
On Saturday Harris and mining audiences manager Michael McCrae recorded Kitco Roundtable.
Earlier this week Solaris Resources announced a $130 million strategic investment by Zijin Mining Group. Solaris is advancing its Warintza project, a high-grade open pit copper resource in Ecuador.
McCrae noted that both gold and copper were under pressure due to a hawkish turn by the Federal Reserve.
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