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Barrick CEO remains bullish on copper amid US tariff uncertainty

From invezz.com

Mark Bristow, CEO of Barrick Mining Corp, reiterated the copper miners’ bullish outlook on the metal’s future in Zambia, where the company is expanding operations, according to a Reuters report. This optimistic view persists despite anticipated short-term price volatility due to a looming 50% US tariff. In a significant policy announcement on Wednesday, US President Donald Trump declared his intention to implement a new tariff on imported copper, effective August 1. The decision, framed as a strategic move to bolster domestic industry, targets a sector deemed critical to national defense, advanced electronics, and ... (full story)

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  • Category: Fundamental Analysis