Other Mining Investments

Copper Futures and Copper Investments

The copper market is hot. Copper prices have reached landmark numbers recently. Copper prices gained after the Mexican government failed to intervene in a 17-day strike at Grupo Mexico's La Caridad copper mine, the nation's second-largest.

April copper futures in New York soared 6.85 cents, or 2.6%, to $2.74 a pound. Demand from hedge and mutual funds has helped drive prices way up. Copper has sky rocketed almost 80% in the last 12 months. Now could be the time to invest in metals such as copper.
The booming economies of China, India and other Asian countries is creating more of a demand for raw materials such as copper.
Because copper is malleable and ductile, and is used extensively, in products such as:

Copper wire.

Copper plumbing.

Doorknobs and other fixtures in houses.

Statuary: The Statue of Liberty, for example, contains 179,200 pounds (81.3 tonnes) of copper.

Roofing, guttering, and rainspouts on buildings.

Electromagnets.
Copper futures have performed very well in previous months and could be well worth your time and consideration.