London Metal Exchange Tries to Bring Order to Copper Market The London Metal Exchange is trying to make sure it can still meet demand for copper. Bloomberg's Jack Farchy reports. (Source: Bloomberg) 20 oct. 2021
https://www.tradingview.com/symbols/TSXV-DSM/technicals/ http://www.deepsouthresources.com/ DSM.VN technical analysis Oscillators………….….SELL…………………...…3Sell….7Neutral……..1Buy Summary……………...BUY……………….……...6Sell...8Neutral...........12Buy Moving Averages….STRONG BUY……….........3Sell....1Neutral….…...12Buy
https://www.barchart.com/stocks/quotes/DSM.VN/cheat-sheet Target Price Key Turning Points...............Fibonacci numbers 0.199¢..........38.2% Retracement From 52 Week High 0.168¢..........50% Retracement From 52 Week High/Low 0.136¢..........38.2% Retracement From 52 Week Low
Snapshot Opinion Today 8% BUY Yesterday 8% SELL Last Week 24% SELL Last Month 64% SELL Snapshot Opinion is the Barchart Opinion from the prior trading session (yesterday), 1-week ago and 1-month ago. These statistics give you a sense of the Overall Opinion trend.
Barchart Opinion Buy INDICATORs Composite Indicator TrendSpotter..............................BUY Short Term Indicators 20 Day Moving Average............BUY 20 - 50 Day MACD Oscillator.....BUY 20 - 100 Day MACD Oscillator...BUY Medium Term Indicators 50 Day Moving Average.............BUY 50 - 100 Day MACD Oscillator...BUY Long Term Indicators 100 Day Moving Average...........BUY
Read this PR at: https://www.stockwatch.com/News/Item/Z-C!DSM-3167241/C/DSM KEY FACTS: Corporate update While recuperating Haib Copper mineral rights remains a top priority, Management continues to seek another copper project. Some projects have been identified and discussions with their owners are taking place. GLTA
DEEP SOUTH RESOURCES...........DSM.V The market is approaching oversold territory. Be watchful of a trend reversal. Key Turning Points Daily 3rd Resistance Point...........0.080 2nd Resistance Point..........0.075 1st Resistance Point...........0.070 Last Price............................0.060 1st Support Level................0.060 2nd Support Level...............0.055 3rd Support Level................0.050 Key Turning Points 52 week 52-Week High............0.300 Fibonacci 61.8%........0.199 Fibonacci 50%...........0.168 Fibonacci 38.2%........0.136 Last Price...................0.060 52-Week Low.............0.035
https://www.kitco.com/news/2021-11-...very-and-global-energy-transition-report.html World copper demand to grow on economic recovery and global energy transition - report Vladimir Basov Thursday November 18, 2021 16:51 (Kitco News) - Copper is entering a stronger demand phase, supported in the immediate term by economic recovery and a pickup in industrial production, and in the longer term by the global energy transition, which is boosting demand for copper in renewable energy technology and battery storage. This was reported by the Australian Government Department of Industry, Science, Energy and Resources (DISER). “Emerging technologies, such as electric vehicles and portable consumer devices, are also likely to play a role in building copper demand over time. Infrastructure spending in a range of countries (most notably the US) presents a further potential upside to copper demand over the outlook period, though the scale of this is not yet clear,” DISER said in its report. Refined copper consumption is expected to increase by 4.4% in 2021, to reach 26 million tonnes, DISER added, with activity expected to follow broader trends in industrial production. Total world consumption is forecast to reach 27 million tonnes in 2023, increasing by 5% over the two years of the outlook period. According to the report, China accounted for more than half (54%) of global refined copper consumption in 2020, in addition to being the largest refiner of copper (42%). “This position at the heart of the global copper market makes China highly influential with regard to global copper prices and investment decisions,” the authors of the report noted. Chinese copper consumption peaked in the September quarter 2020 and subsequently declined for two quarters, but is now recovering again at a moderate pace, DISER said. Copper prices, which have surged in 2021, are expected to retain most of this gain in the years ahead, with demand supported by economic recovery and the expanding use of copper in low-emissions technology. By Vladimir Basov For Kitco News
DSM BUSINESS AGENDA While recuperating Haib Copper mineral rights remains a top priority. (1) Management continues to seek other copper projects in safe jurisdictions. (2) Some projects have been identified and discussions with their owners are taking place. (3) The management is determined to develop Deep-South as a developer of important copper projects.
