Freeport beats Q3 earnings expectations despite rising costs and sharp drop in gold sales
(Kitco News) - The earnings bonanza in the mining sector continues as one of the world's largest #copper and #gold producers reported better-than-expected third-quarter earnings, with https://t.co/HvUCk9FZeW
Aluminium has erased its entire Middle East war premium, while copper stays near records. Standard Chartered cut its 2026 aluminium forecast to $3,249/t and raised copper to $13,674/t, on supply stress and US tariff risk. #Copper#Aluminium#Metals
Copper needs $332 billion in new mines to avoid a deficit, BloombergNEF says. The gap starts in 2028 and could reach 20 million tons by 2050, 44% of demand, risking slower EV, battery and grid rollout. #Copper#Mining#Metals#EnergyTransition
Kitco Mining will be covering the #BudapestCommoditySummit, Nov 15–16 at the Kempinski Hotel. 1:1 meetings connecting commodity companies with qualified investors across CEE. Register now: https://t.co/43BZuZzvEx
