The rise and fall of Black Copper, the black-gold-silver-gold mining company that produced the first of the American gold rush.
Black Copper produced silver, copper, and gold, and made its name on the West Coast.
But it was not always a gold rush: Black Copper was once the nation’s biggest nickel producer.
In 1864, the US government banned nickel production, and the nickel industry went bankrupt.
(That led to the collapse of the world’s largest nickel producer, the world largest copper producer, and a major downturn in the US economy.)
Today, the copper mining industry in the United States is about 70 percent nickel and 70 percent copper.
The US is also the largest copper importer in the world, and its copper reserves are worth $1.6 trillion.
In 2013, the federal government established a national program called the Copper Shield Program to buy and ship copper to and from other countries.
The program, however, is funded by a $10 billion annual subsidy from the US Treasury.
The first order of business: The US copper reserves were depleted in less than a year.
The government had to borrow another $3.5 billion from the Federal Reserve.
In 2018, the government announced a new plan: the US would use its $3 billion in reserves to buy copper from foreign producers.
This is called the Global Copper Program.
Since 2020, the global copper price has risen by about a dollar.
It’s been about a cent a pound since 2020.
So in 2018, if you’re a US copper producer and you want to import copper from China, you would buy about a thousand pounds of copper from the Chinese government.
That’s $3,500 worth of copper.
Now, what happens when that copper goes to China?
The Chinese government buys it back.
If you import a ton of copper into the United Sates, the price goes up, too.
But when it goes to other countries, it’s not as big a deal.
And that’s what happened to the US copper.
On October 10, 2020, Chinese officials seized $1 billion worth of US copper from a US refinery in Pennsylvania.
That was the biggest seizure of US government copper ever.
In 2017, the Federal Trade Commission fined the Chinese company, CGN, $1,400 for importing $1 million worth of American copper into China.
CGN was able to use the copper to make another $500 million in profit.
The Chinese copper industry is a multi-billion-dollar industry.
In 2015, the Chinese copper production reached an all-time high of more than 300,000 tons a day.
But in 2020, it was down to only 100,000.
That drop was the result of the copper shortage.
When the copper price went up, the companies in China had to cut production, cut prices, and cut prices again.
In 2020, prices dropped to less than $2 a pound.
That made the copper much cheaper in the market than it had been a year earlier.
But that wasn’t the end of it.
The copper prices rose again in 2021.
And again in 2022.
And in 2023.
The price of copper went up in 2020 but fell again in 2026.
The next year, the prices rose even more.
By 2024, the industry had reached a new high of $10.25 a pound, more than double the $1 per pound in 2018.
But then the copper prices fell again.
And then in 2025, the Copper Corporation of America (CCA) announced it would be taking over all of the Chinese production.
The CCA is an American-controlled Chinese copper company that bought a controlling stake in CGN in 2020.
CCA then hired a US-based copper company to buy the remaining copper.
And the US Government had a plan to buy its copper back.
The idea was to buy it at a discount to the Chinese, and to pay back the Chinese with copper in dollars.
In 2021, President Donald Trump proposed a $3 trillion plan to purchase all of China’s copper, including the rest of its copper mining operations.
The plan would also allow the US to keep most of the US’s copper reserves.
The Government would use a variety of means to buy back copper.
But its biggest and most important option would be to sell it at an artificially low price.
That would lower the price of the metal by a fraction of the price the Chinese have to pay for it.
In 2025, US copper prices were about $8 a pound; by 2026, they were about half that.
The end result is that the Chinese can now make money selling their copper at a lower price than the US can.
The world copper price is currently $7.40 a pound in the futures market.
The International Monetary Fund estimates that it will be $6.60 in 2020 and $7 in 2027.
The problem with that price is that most of China is already consuming the metals it