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Cost inflation tarnishes good news of strong metal prices

The month of May has so far been a cruel one for investors. Sharp drops have been seen across many equity markets, with the Dow Jones on its worst streak since early in the COVID-19 pandemic.

Cost inflation tarnishes good news of strong metal prices Cost inflation tarnishes good news of strong metal prices Cost inflation tarnishes good news of strong metal prices Cost inflation tarnishes good news of strong metal prices Cost inflation tarnishes good news of strong metal prices

The S&P/TSX Global Mining Index is, at time of writing, down by 18% over the past month, albeit from the 14-year highs in April.