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【有色】COMEX铜周库存自2025年4月以来首次下降——铜行业周报(20260302-20260306)(王招华/方驭涛)
光大证券研究· 2026-03-09 23:07
截至2026年3月6日,SHFE铜收盘价101050 元/吨,环比2月27日-2.76%;截至3月6日,LME铜收盘价 12869 美元/吨,环比2月27日-3.21%。(1)宏观:中东地缘风险或导致油价维持高位,但美国2月非农就 业人数下降,市场转向"滞涨"交易的可能性增加。(2)供需:TC现货价仍处低位,显示铜精矿现货采购 依然紧张;线缆企业开工率本周环比回升,但旺季效应或自下周开始逐步体现,3月中下旬有望开始去 库。展望2026年,供需偏紧的矛盾依然未变,继续看好铜价上行。 库存:国内铜社库环比+8.6%,LME铜库存环比+10.5% (1)港口铜精矿库存:截至2026年3月6日,国内主流港口铜精矿库存63.3 万吨,环比上周+3.5%。(2) 全球电解铜库存:截至2026年3月6日,全球三大交易所库存合计130.7 万吨,环比2月27日+4.5%。截至3 月5日,LME铜全球库存28.4 万吨,环比2月27日+10.5%;SMM铜社会库存57.7 万吨,环比+8.6%。截至3 月6日,COMEX铜库存59.8 万吨,环比2月27日-0.6%。 供给:本周精废价差环比上周-1459元/吨 (1)铜矿:2 ...
ETF IQ 3/9/2026
Bloomberg Television· 2026-03-09 19:27
>> WELCOME TO "BLOOMBERG ETF IQ." I AM SCARLET FU. KATIE: I AM KATIE GREIFELD. AN INTENSE MARKET ENVIRONMENT OUT THERE.SCARLET: ABSOLUTELY. PEOPLE ARE SHIFTING AWAY FROM WAIT AND SEE AND PERHAPS DRAWING CONCLUSIONS THIS MAY GO ON LONGER. KATIE: IN THE NEARLY 21 TRILLION GLOBAL E.T. F. INDUSTRY OIL TOPPING $100 PER BARREL AS THE WAR IN IRAN RATTLES MARKETS.SCARLET: IN A FEW MINUTES WE WILL DIG DEEPER WITH BRUCE BOND, CO-FOUNDER OF INNOVATOR E. T. F.’S. KATIE: WE WILL SPEAK TO JOEL JOEL SHULMAN, RAISING DOUBT ...
Crude Oil Rises Around 4%; Xenon Pharmaceuticals Shares Surge - Autozi Internet Tech (NASDAQ:AZI), Hims & Hers Health (NYSE:HIMS)
Benzinga· 2026-03-09 18:50
U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones index falling more than 300 points on Monday.The Dow traded down 0.73% to 47,153.16 while the NASDAQ rose 0.11% to 22,411.59. The S&P 500 also fell, dropping, 0.28% to 6,721.10.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsInformation technology shares rose by 0.6% on Monday.In trading on Monday, financial stocks dipped by 1.8%.Top HeadlineShares of ZIM Integrated ...
Crude Oil Rises Around 4%; Xenon Pharmaceuticals Shares Surge
Benzinga· 2026-03-09 18:50
U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones index falling more than 300 points on Monday.The Dow traded down 0.73% to 47,153.16 while the NASDAQ rose 0.11% to 22,411.59. The S&P 500 also fell, dropping, 0.28% to 6,721.10.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsInformation technology shares rose by 0.6% on Monday.In trading on Monday, financial stocks dipped by 1.8%.Top HeadlineShares of ZIM Integrated ...
McEwen Q4 and Year-End 2025 Results Conference Call
Globenewswire· 2026-03-09 16:57
Core Viewpoint - McEwen Inc. is set to hold a conference call on March 12, 2026, to discuss its Q4 and year-end 2025 financial results and project developments, allowing for direct questions from participants [1][2]. Company Overview - McEwen Inc. trades on both the NYSE and TSX under the ticker MUX [3]. - The company provides shareholders with exposure to a growing base of gold and silver production, alongside a significant copper development project in the Americas [4]. Project Developments - McEwen has a 46.3% interest in McEwen Copper, which owns the Los Azules copper development project in Argentina, valued at approximately US$456 million [5]. - The Los Azules project aims to be one of the world's first regenerative copper mines and is projected to be carbon neutral by 2038 [5]. - The feasibility study results for the Los Azules project were announced on October 7, 2025 [5]. Recent Investments - McEwen recently acquired a 27.3% stake in Paragon Advanced Labs Inc., which is deploying PhotonAssay™ technology for assaying precious and base metals [6]. Leadership and Strategy - Chairman Rob McEwen has personally invested over US$250 million in the company and takes a nominal salary of $1 per year, aligning his interests with those of shareholders [7]. - The objective is to enhance profitability and share value, with plans to implement a dividend policy similar to that of Goldcorp Inc. [7].
Why Newmont Mining Rallied in February
Yahoo Finance· 2026-03-09 16:25
Shares of gold miner Newmont Mining (NYSE: NEM) rallied 15.7% in February, according to data from S&P Global Market Intelligence. Newmont is the largest mining company in the world that primarily mines gold, while it also generates ancillary revenue from byproducts copper, zinc, silver, lead, and other metals. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel ...
US and China clash over fentanyl and tariffs at global drugs meeting
Reuters· 2026-03-09 16:09
US and China clash over fentanyl and tariffs at global drugs meeting | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivSara Carter speaks at the Conservative Political Action Conference (CPAC) annual meeting in National Harbor, Maryland, U.S., February 22, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo Purchase Licensing Rights, opens new tabVIENNA, March 9 (Reuters) - The United States and China traded barbs at a U.N. drugs meeting o ...
Montero Completes Exploration Programs at Potrero Gold Project and Advances Data-Driven Targeting Strategy
TMX Newsfile· 2026-03-09 15:22
Core Viewpoint - Montero Mining and Exploration Ltd. has completed a comprehensive data compilation and exploration program at its Potrero gold project in Chile, utilizing advanced data analytics and machine learning techniques to enhance geological understanding and identify potential mineralization areas [1][9]. Project Overview - The Potrero Project is situated approximately 50 km southeast of El Salvador and 20 km north of Kinross' La Coipa gold-silver mine, within a well-established mining district that includes notable projects like Kinross' Lobo mine and Gold Fields' Salares Norte gold mine [2]. - The project encompasses a contiguous package of mining concessions that cover the interpreted hydrothermal alteration footprint and structural corridors identified to date [2]. Exploration Program - The exploration program aimed to refine the geological and structural understanding of the hydrothermal system and assess its potential for gold mineralization at depth [6][8]. - Key components of the program included the compilation of historical exploration data, ASTER and Sentinel-2 imagery analysis, detailed geological mapping at a 1:10,000 scale, and high-resolution surface geochemical sampling using four-acid digestion ICP-MS methods [7][8]. Historical Exploration - Historical exploration at Potrero has included geological mapping, surface sampling, geophysical surveys, and drilling programs by various companies over the past decade, with significant early work conducted by Verde Resources Inc. [10][11]. - Verde's exploration identified gold mineralization with drill intercepts such as 126 meters grading 0.44 g/t Au and surface samples returning up to 7 g/t Au [11]. Geological and Structural Mapping - Detailed geological mapping has confirmed the presence of a hydrothermal system within a subvolcanic magmatic setting, characterized by andesitic domes and hydrothermal breccias [15]. - The project area exhibits polydirectional stockwork veining and localized advanced argillic alteration, consistent with porphyry gold systems in the Maricunga Belt [16][17]. Geophysical Programs - The exploration program incorporated historical ground magnetic data and a recent induced polarization (IP) and resistivity survey totaling approximately 28 line-kilometers [19][21]. - The magnetic data, originally acquired in 2012, has been reprocessed for integration with current exploration datasets to support geological interpretation [20]. Geochemical Programs - High-resolution surface geochemical sampling has been completed, and an independent geochemical vectoring analysis is underway to enhance the geological model [23][24]. Data Integration and AI-Assisted Analysis - The company is compiling and integrating geological, geophysical, and historical exploration datasets to support ongoing technical evaluation and three-dimensional modeling of the project [25][26]. Next Steps - Future activities include the reprocessing of historical magnetic survey data, completion of IP and resistivity surveying, and continued integration of datasets to refine geological models and prioritize areas for further exploration [28][29].
COPX: A Better Bet Than Copper Metal As The Structural Supply Crunch Builds
Seeking Alpha· 2026-03-09 15:18
Copper ( HG1:COM ) is a metal that’s central to human development. Its industrial value comes from its high electrical and thermal conductivity, topped only by silver, and it’s used in everything from electronics to construction. Demand for the metal has historically been tiedI am a scientist by training, but today work in a primarily business role within the mining industry. I've been investing since I was a child, when my father first gave me an account as a way to teach me the basics (which incidentally, ...
Surging Oil Prices, Dollar Drag Copper, Steel Stocks Lower
Schaeffers Investment Research· 2026-03-09 14:33
A resurgent U.S. dollar and red-hot oil prices are weighing on copper and steel namesOil prices and a resurgent U.S. dollar are impacting a whole host of sectors, commodities chief among them. This has copper miner Freeport-McMoRan Inc (NYSE:FCX) and steel stock Cleveland-Cliffs Inc (NYSE:CLF) extending their recent losses today.FCX is down 5.3% to trade at $56.19 this morning, on track for its third-straight loss of roughly 5% or more. The shares have taken a 19.6% haircut off their Feb. 25 all-time high o ...