Copper Investing News» Copper Market News

Copper Surged to $8,760 as the Euro Strengthened

Researcher — Thu, 09 Feb 2012 19:09:25 +0000

Reuters reported that copper surged to $8,760 as the Euro strengthened after Greece confirmed an emergency aid.

Southern Copper Delays Tia Maria project in Peru to 2015

Researcher — Thu, 09 Feb 2012 19:03:46 +0000

Reuters Africa reported that Southern Copper Corp. (NYSE:SCCO) will delay the commencement of its Tia Maria project in Peru to 2015 even after reporting an annual earnings of more than $2 billion.

Copper Surges More Than 1 Percent on Greece Bailout Hopes

Researcher — Wed, 08 Feb 2012 18:15:54 +0000

Reuters Africa reported that copper surged more than 1 percent on hopes that Greece will be able to secure a bailout package.

Xstrata Plc Reported a 12% Increase in Full-Year Profit

Researcher — Tue, 07 Feb 2012 19:03:32 +0000

Bloomberg reported that Xstrata Plc (LSE:XTA) has decided to merge with Glencore International Plc (LSE:GLEN) and has reported a 12% increase in full-year profit.

Copper Fell to $8,481 on China Demand Concern

Researcher — Tue, 07 Feb 2012 18:36:26 +0000

Reuters Africa reported that copper dropped to $8,481 on speculation over China's consumer demand.

Copper Drops as Europe Crisis May Affect China’s Demand

Researcher — Tue, 07 Feb 2012 01:43:46 +0000

Bloomberg reported that copper dropped to $3.8645 as the International Monetary Fund announced that China's economic expansion will be severely affected if Eurozone’s debt crisis worsens.

Copper Rises 1.3 Percent on U.S. Jobs Data

Researcher — Fri, 03 Feb 2012 17:50:35 +0000

Reuters Africa reported that copper prices surged 1.3 percent as U.S. jobs data reinforced confidence.

Copper Drops 0.8 Percent on China Demand Worries

Researcher — Thu, 02 Feb 2012 18:35:27 +0000

Bloomberg reported that copper fell 0.8 percent on worries over declining copper demand in China.

Copper Futures Rises 1.4 Percent as Asian and U.S. Manufacturing Gains

Researcher — Wed, 01 Feb 2012 23:12:22 +0000

Bloomberg reported that copper futures surged 1.4 percent due to positive manufacturing data from Asia and the U.S.

HudBay Plans to Buy Stakes in Mineral Explorers

Researcher — Tue, 31 Jan 2012 21:03:29 +0000

Bloomberg reported that HudBay Minerals Inc. (TSX:HBM) has decided to expand by buying stakes in exploration companies.