American Pacific Mining Corp CEO Warwick Smith has revealed that copper could outperform gold in 2024 due to a looming supply deficit. Gold has made significant gains in recent months as the ongoing Gaza crisis increased fears of a broader war in the oil-production region and pushed more investors to the precious metal. However, Smith noted during a recent Kitco News interview that supply issues in the copper supply chain could help the metal outperform gold.

Smith said that while gold will remain an important product in American Pacific Mining Corp’s lineup, copper is his “favorite metal for the moment” and will…

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