Barclays says commodity gains this year not supported by fundamentals– sector vulnerable to wave of investor liquidation that could knock prices down 20–25%.
Reservoir Minerals Inc. (RMC:TSX.V) has moved up sharply this month—over 50%—after Lundin Mining Corp. (LUX:TSX) made an offer to buy part of Freeport-McMoRan Copper & Gold Inc.'s (FCX:NYSE) interest in its joint venture with Reservoir.