As Donald Trump's shock presidential election victory ripples through financial markets, it's far from doom and gloom for metals producers, according to Jefferies Group LLC.
Miners such as Freeport-McMoRan Inc are set to benefit on the prospect of increased US infrastructure spending that pushes up demand for copper and other mined commodities at a time of tightening global supply, Jefferies analysts including Christopher LaFemina wrote in a note to clients Wednesday. A weaker dollar would also be a positive for copper and gold.............................................Full Article: Source
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