​Base Metals have underperformed since forming lows late last year, early January in relation to their corresponding corporate mining companies. Our international benchmark for the mining sector, the XME M&M index is up +120% per cent whilst Copper has been up +18% per cent, Lead +22% per cent and Zinc +35% into the March/April peaks. This month’s report takes an updated look at the progress so far and attempts to answer these questions – have the base metals conquered overall declines tha...
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