Xstrata Q1 Copper Production Dropped to 171,121 Metric Tonnes
Reuters reported that Xstrata's (LSE:XTA) first quarter copper production dropped to 171,121 metric tonnes (188,629 tons).
Copper Market News Directory
Copper Dropped 0.4% to $8,367.50
Bloomberg reported that copper dropped 0.4% as data showed China’s manufacturing rose in April.
Vale to Start the Largest Copper Mine in Brazil
Seeking Alpha reported that Vale's (NYSE:VALE) attempt to start the largest copper mine in Brazil may lower copper prices.
Copper Production Will be Affected in 2012
Reuters reported that copper production will be affected by China's plan to shut down inefficient copper operations in 2012.
Copper Surged 5.15 Cents on Signs of Tight Supply
Reuters reported that copper surged 5.15 cents on signs of tight supply.
OZ Minerals’ First-Quarter Output Rises
Bloomberg reported that OZ Minerals' (ASX:OZL) first-quarter output rose.
Copper Surged 6.60 Cents Due to Optimistic U.S. Growth Forecast
Reuters reported that copper surged 6.60 cents due to optimistic U.S. growth forecast by U.S. Federal Reserve.
Jiangxi Copper’s Q1 Profit Dropped 9.6%
Bloomberg reported that Jiangxi Copper's (SHA:600362) first quarter profit dropped 9.6 percent due to lower prices.
Baja Mining to Focus on Copper Output at Boleo Project
Reuters reported that Baja Mining (TSE:BAJ) wants to focus on copper output at the Boleo project, Mexico.
LME Copper Dropped 0.4 Percent
Reuters reported that LME copper dropped 0.4 percent to $8,118.50 per tonne.
