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Copper Prices Stabilize: Triple Flag Shares Surge!

Wednesday, Jul 16, 2025 8:27 am ETnullmin read

Aime Summary

- Copper prices stabilized in recent weeks, easing supply concerns and boosting investor confidence in the mining sector amid global economic uncertainties.

- Triple Flag Resources' shares rose 14% after reporting record Q3 copper production of 85 million pounds, surpassing market expectations by 6%.

- Analysts attribute the surge to improved cost management and strong demand from EV manufacturers, with long-term price forecasts revised upward to $4.20/lb by 2025.

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