Copper Stockpiles in Shanghai Rises 10,936 Metric Tons
Bloomberg reported that copper stockpiles monitored by the Shanghai Futures Exchange rose to a two-month high 10,936 metric tons.
Archive for December, 2011
Copper Rises 1.7 Percent
Bloomberg reported that copper inched up on hopes that U.S. growth will increase the demand for copper as the economy slows in China.
Copper Price Surged 450%
Seeking Alpha reports that copper price surged 450% from September 2002 to February 2011.
Copper Declines 2.4 Percent on Firm Dollar
Reuters reported that copper declined on a firm dollar and on concern over the Eurozone sovereign debt crisis.
2011 Copper Market Trends
It has been a roller-coaster year for copper, rattled by the Eurozone crisis and a slowdown in China. But supply remains tight as output is shaky.
Copper Declines in 1.4 percent
Bloomberg reported that copper inched down in London on concern that industrial production has fell in Japan.
Moly Mines Enters New Financing Alliance With CDB
Moly Mines Limited (TSX:MOL) has signed a Memorandum of Understanding with China Development Bank Corporation to finance new mining projects.
St Augustine Gold & Copper Gets Approval For Resolutions
NASDAQ reported that St Augustine Gold & Copper Ltd. (TSE:SAU) has approved all resolutions brought before the Annual General Meeting, on December 15, 2011 in Spokane, Washington.
Copper ETF Fell 1%
ETF Trends reported that copper ETF fell 1% on concern over China’s economic growth and Europe’s debt crisis.
Shanghai Copper Dropped 0.3 Percent
Reuters reported that Shanghai copper fell after investors kept an eye on U.S. data for evidence on the condition of the world’s largest economy.
