Latest / Prestons Super Show / Copper Market Booms: First Quantum's $190M Mine Sale

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Copper Market Booms: First Quantum's $190M Mine Sale · Prestons Super Show

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  Copper is on a magical run. It's a scrapper's paradise out
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  there in the streets. The old neighborhood has never
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  looked better. There hasn't been a run up like
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  this in the copper market since 2009.
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  Canadian based mining company First Quantum Minerals, ticker
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  symbol FM, has officially sold the Cobra Las Cruces copper mine
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  in Spain. This deal is valued at $190
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  million. This acquisition frees up cash
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  and will aid in the developmental milestones that
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  First Quantum Minerals has drafted.
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  Deals such as this one and priority shifting across global
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  trade are a large reason we are seeing huge gains in the copper
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  market.