Over the past year, copper prices have reached record highs on two occasions, with the most recent instance being on March 26, when the metal soared to US$5.26 per pound. These high prices stem from an increasingly tight copper market, driven by rising demand from population growth and migration in the global south, as well as growing pressures from the energy transition. This situation is compounded by a limited number of greenfield projects that would introduce new deposits, as opposed to brownfield projects that merely extend the life of existing mines.The first quarter of the year also witnessed some panic buying, as traders moved inventories into the US in anticipation of tariff-related price increases. Interest in companies developing US copper mines has increased as well as new US President Donald Trump looks to expedite critical metals projects.Against that backdrop, how have TSX-listed copper companies performed? Learn…
