Copper Prices Hurting Chile’s Economy
A slowdown in China's economy could spell bad news for Chile's economy.
A slowdown in China's economy could spell bad news for Chile's economy.
Copper mining has been taking place in Africa for thousands of years and still occurs today. Here's a look at three companies that are currently mining the red metal on the continent.
Copper prices are up on the London exchange supported by a weak dollar and better-than-expected economic data from Japan.
Last month's landslide at Utah's Bingham Canyon, one of the world's largest copper mines, triggered significant discussion on possible copper shortages. Brent Cook, veteran geologist and publisher of Exploration Insights, puts the landslide into perspective in this interview with The Metals Report. And for investors who want to dig out profit potential beyond the yellow metal, Cook gives us a byproduct primer and suggests base metals are a great way to diversify.
Rio Tinto could be a few short weeks away from exporting metal from the Oyu Tolgoi mine in Mongolia.
Despite having recouped some of its losses from the previous session, Dr. Copper appears to be suffering from an ailing economy.
Copper prices continue to fall on the London Metal Exchange (LME).
Capstone Mining signed a deal with BHP Billiton for the Pinto Valley copper mine and associated railroad company. The mine changed hands for US$650 million.
Copper Investing News recently spoke with Brad Marwood, managing director of Tiger Resources. Brad discussed Tiger's producing copper-cobalt project in the Democratic Republic of the Congo and helped clear up some of the negative perception that investors might have when it comes to operations in that region.
The absence of stellar economic growth data out of China and gold’s largest single-day drop in decades together pushed copper to an 18-month low this week. The red metal traded dangerously close to bear market conditions.
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