What is copper mining? Copper mining is performed by extracting copper ores, either from underground mines, or from open-pit mines. Once mined, the ore is crushed, heated, smelted and refined. Traditionally, investors have invested in copper mining as a way to profit from general economic growth. That's because, unlike gold and silver, which are thought of more as hedges against inflation, copper has a wide range of industrial uses. Copper prices do tend to rise with inflation as well. But copper mining has the added advantage, as mentioned, that copper also rises with industrial demand. Moreover, stocks that produce oil and base metals, including copper, generally have higher dividend yields than precious metals stocks like gold or silver. Copper stocks should benefit not just from rising demand, but also from tightening supply. In the short term, labour problems and technical delays will continue to slow global copper production. Over the longer term, ore grades are falling at many major copper mines around the world as producers use up the easy-to-mine ore zones in their copper deposits. High prices will, of course, boost exploration efforts to discover new mines. Meanwhile, rising copper prices will prompt mining companies to re-evaluate copper deposits they had previously dismissed as too low-grade to mine when prices were lower. We like copper mining's long-term prospects. However, to cut your risk, stay out of promotional penny mines that are merely drilling for copper. Also stay out of investment vehicles (like options or futures) that will only make money for you if copper goes up in the short term. For top investment returns, follow TSI Network and use our three-part Successful Investor strategy:
Discover how to make the most of your copper investments in this free special report, Copper Mining: How to Choose the Best Copper Stocks and ETFs to Profit from the Reconstruction of Japan, from TSI Network
Nevsun Resources, $3.72, symbol NSU on Toronto (Shares outstanding: 199.3 million; Market cap: $745.6 million; www.nevsun.com), owns 60% of the Bisha copper/zinc/gold mine in Eritrea. This stake is the company’s main asset.
Bisha started up in February 2011. Nevsun used the gold it extracted from the… Read More
Orbit Garant Drilling, $2.15, symbol OGD on Toronto (Shares outstanding: 33.3 million; Market cap: $71.6 million, www.orbitgarant.com), is a Canadian firm that provides both underground and surface drilling services to mining companies. It has 224 drills and 800 employees that serve clients in Canada and… Read More
Pat McKeough responds to many personal questions on specific stocks and other investment topics from the members of his Inner Circle. Every week, his comments and recommendations on the most intriguing questions of the past week go out to all Inner Circle members. And each… Read More
Thompson Creek Metals Co. Inc., $2.67, symbol TCM on Toronto (Shares outstanding: 168.1 million; Market cap: $448.8 million, www.thompsoncreekmetals.com), is a molybdenum producer with mining, milling, roasting and marketing operations in Canada and the U.S.
The company’s operations include the Thompson Creek mine in Idaho, a.. Read More
Thompson Creek Metals Co. Inc., $8.59, symbol TCM on Toronto (Shares outstanding: 168.5 million; Market cap: $1.4 billion, www.thompsoncreekmetals.com), is a molybdenum producer with mining, milling, roasting and marketing operations in Canada and the U.S.
The company’s operations include the Thompson Creek mine in Idaho, a.. Read More
We receive a number of questions on mining stocks from members of our Inner Circle service. This week I received this question from a member who wonders whether the market is giving this stock enough respect.
Q: Could I please have your opinion on Thompson… Read More
Thompson Creek Metals Co. Inc., $7.43, symbol TCM on Toronto (Shares outstanding: 172.3 million; Market cap: $1.3 billion, www.thompsoncreekmetals.com), is a Canadian molybdenum producer with mining, milling, roasting and marketing operations in Canada and the U.S.
The company’s operations include the Thompson Creek mine in… Read More
The long-term outlook is bright for emerging-market economies and companies that operate in them. One of the best ways to tap into that growth is through low-fee exchange-traded funds (ETFs).
ISHARES S&P INDIA NIFTY 50 INDEX FUND $25.31 (Nasdaq symbol INDY; buy or sell through brokers;… Read More
Prices of copper and many copper stocks have moved down lately, along with stock markets. That’s because of investor concerns about the global economic recovery, ongoing European debt problems and continued weakness in U.S. housing markets.
In addition, the March earthquake/tsunami/nuclear disaster in Japan crippled many… Read More
If you’re a member of our Inner Circle service or a subscriber to one of our newsletters—or if you’re thinking of becoming a subscriber—you’ll want to make sure you “like” our Facebook page right away.
That’s because, every Wednesday afternoon, you learn “what’s on Pat’s mind”… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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