Copper inventories in warehouses monitored by the Shanghai Futures Exchange fell 8 percent in the week to Thursday, while aluminium stocks fell 1 percent. In LME. For full story, click here
Read the full article: "Copper inventories fell 8 percent"
Friday, November 28, 2008
Red metal demonstrated negative trend throughout the month however the fall was not that severe as compared to the previous month. For full story, click here
Read the full article: "Copper December snapshot"
Friday, November 28, 2008
Aurum Mining PLC is seeking shareholder approval to cancel the share premium account to enable a future return of cash as it has not yet received an offer for its principal asset, the Andash project in the Kyrgyz Republic, that it would want to recommend to shareholders. For full story, click here
Read the full article: "Aurum Mining seeks approval to cancel share..."
Friday, November 28, 2008
U.S. Silver Corporation announced its consolidated financial results for the third quarter ended September 30, 2008. For full story, click here
Read the full article: "U.S. Silver Reports Third Quarter 2008..."
Thursday, November 27, 2008
China cut interest rates, reviving speculation of a rebound in economic growth that may spur demand for industrial metals. Copper gained $40 to $3,735 a tonne. For full story, click here
Read the full article: "Copper gains $40"
Thursday, November 27, 2008
Copper pared losses as a sharply weaker dollar offset concerns about metal demand. For full story, click here
Read the full article: "Sharply weaker dollar lifts copper prices"
Thursday, November 27, 2008
The company said said it doesn’t plan to cut output or fire workers because prices would need to fall by a further 46 percent for the company’s mines to lose money. For full story, click here
Read the full article: "Southern Copper Doesn’t Plan Cuts on Price..."
Thursday, November 27, 2008
Cornerstone Capital Resources of Mount Pearl, NL, and partner Thundermin Resources of Toronto have intersected what they call a “substantial thickness” of copper sulphide at their Little Deer property. For full story, click here
Read the full article: "Little Deer yields 2.7% Cu over 46.6 metres"
Wednesday, November 26, 2008
Copper futures reversed early gains and fell on profit-booking as gloom returned to the markets and worries over dwindling demand heightened, analysts said. For full story, click here
Read the full article: "Copper falls on profit-booking"
Wednesday, November 26, 2008
Copper futures are expected to open steady after pressure from negative data from the US was offset by US President-elect Barack Obama’s assurance to the markets, analysts said. For full story, click here
Read the full article: "Copper seen opening steady"
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Friday, November 28, 2008