U.S. copper futures declined over 4 percent in early business on Friday as investor risk aversion returned and helped to drag both the metals and equity complexes down. For full story, click here
Read the full article: "US copper futures track weaker equities,..."
Friday, February 27, 2009
Chile, the world’s biggest supplier of copper, said its production of the metal declined 2.5 percent in January from a year earlier, as the quality of ore diminished from its aging mines. For full story, click here
Read the full article: "Chilean Copper Output declines 2.5% on..."
Friday, February 27, 2009
Copper Mesa Mining Corp reported that it was reviewing options to sell certain assets or the entire company, after it got expressions of interest to purchase certain assets for cash or all of its outstanding shares. For full story, click here
Read the full article: "Copper Mesa says reviewing options including..."
Friday, February 27, 2009
Copper rose to two-week high in New York futures trade on Thursday, as a weaker dollar, upbeat equity markets, and a big drawdown in London stockpiles offset grim data from the labor, manufacturing, and housing sectors of the economy. For full story, click here
Read the full article: "Weak dollar push US copper to 2-wk high"
Thursday, February 26, 2009
Nevada Copper (TSE:NCU) reports 31.2 metres true width of 1.4% copper in their latest list of results from the Pumpkin Hollow copper project in Nevada. The results reported today are the last of the drilling results from 2008 for the South and Southeast deposits. The company reports that an updated resource estimate based on all [...]
Read the full article: "More High Grade Copper for Nevada Copper"
Thursday, February 26, 2009
Copper gained for a fourth day on the London Metal Exchange on speculation that purchases in China will erode global supplies. For more information, click here
Read the full article: "Copper rises on speculation about Chinese..."
Thursday, February 26, 2009
The Indonesian unit of Newmont Mining Corp. expects copper production to rise by 60 percent this year as it starts to mine higher grade ore. For more information, click here
Read the full article: "Newmont Indonesia sees rise in copper output"
Thursday, February 26, 2009
Norddeutsche Affinerie, Europe’s largest copper producer, plans to invest 50 million euros to increase its main smelter in Hamburg and is still confident of positive results in its 2008/09 financial year despite the global meltdown. For more information, click here
Read the full article: "Norddeutsche to increase copper concentrate..."
Thursday, February 26, 2009
Copper rose to a more than one week high on Thursday, tracking equities and stronger oil prices, although fears over demand and the global economy remained. For more information, click here
Read the full article: "Copper at 1-week high"
Tuesday, February 24, 2009
Rio Tinto Group puts proposed copper and nickel mine, Kennecott Eagle mine project, on hold due to bad economy. For more information, click here
Read the full article: "Kennecott Eagle mine project on hold by Rio"
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Friday, February 27, 2009