London Metal Exchange copper fell by 2.4 percent on Tuesday, giving up some of the overnight gains that together with a surge in Asian share prices had helped Shanghai copper futures rise by their 4 percent daily limit. For full story, click here
Copper futures opened lower as worries about the health of the global economy continue to cloud the market. For full story, click here
Australia’s Byrnecut Mining, a front-runner in the race for operating a Hindustan Copper mine, has withdrawn its plans before the bidding process was to end, citing poor global financial conditions. For full story, click here
Hindustan Copper Ltd, India’s third-biggest copper producer, is expecting a 10 per cent fall in production in the fiscal year to end-March ’09. For full story, click here
Straits Resources Ltd is reviewing the viability of its Tritton copper mine in New South Wales and Whim Creek copper mine in Western Australia after a sharp plunge in the metal’s price. For full story, click here
Central African Mining & Exploration Co., the company founded by former England cricketer Philippe Edmonds, halted cobalt and copper mining in the Democratic Republic of Congo after prices plummeted. For full story, click here
Copper, headed for its biggest annual price drop in at least two decades, will rebound as demand grows and mine output drops, Freeport-McMoRan Copper & Gold Inc. Chief Executive Officer Richard Adkerson said. For full story, click here
Copper futures opened lower on Monday as worries about the health of the global economy continue to cloud the market, analysts said. For full story, click here
U.S. copper futures slid 3.6 percent and not even freezing U.S. temperatures could save crude oil from the cold shoulder of investors rattled by the global economic meltdown. For full story, click here
London copper fell for a third day, hitting its lowest in more than three years. For full story, click here
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