“The path of least resistance for the Australian dollar is down. Base-metal prices are likely to continue to come off a bit as inventories rebuild.”
“Funds are viewing commodities such as oil and metals as investment tools, so these prices are likely to keep rising. Copper prices show no signs of retreating.”
“It's the metal price that's clearly driving it. To some extent, costs are better, but metal prices are the game for an aluminum company.”
“Given the increased correlation between base and precious metals over recent months, any further weakening in base metal prices would be a distinct drag on gold.”
“The Canadian dollar is seen as a commodity currency and metal prices have been going up across the board, commodity prices are up.”
“Rising metal prices and continuing cash generation are helping mining stocks to rise. ... [Equities] have been lagging the latest upturn in commodity prices and this is starting to feed though.”
“Higher production volumes together with rising metal prices have contributed to the strong set of third-quarter results.”
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