Copper Investing News» Chines copper stocks

Dropping Consumer Confidence Takes a Bite out of Copper

Leia — Wed, 24 Feb 2010 01:09:09 +0000

On Tuesday, copper futures extended Monday’s losses as data indicating weaker than anticipated US consumer confidence weighed on sentiment. On Monday night, copper futures closed down for the first time in five sessions as a firmer greenback halted the red metal’s rally.

Euro-zone Debt Concerns Guide Copper Market

Leia — Wed, 10 Feb 2010 02:50:39 +0000

On Tuesday, easing concerns over euro-zone debt spelled relief for copper, and the metal rallied for the second day in a row.

Copper Claims Top Honours

Leia — Wed, 06 Jan 2010 05:09:42 +0000

Copper earned topped honours as the best performing investment for 2009, and the metal extended its ascent into the new year, reaching a 16-month high on Monday. The New Year’s run was fuelled by a looming strike at the Chuquicamata mine in Chile.

Copper Concerns Continue

Reporter — Mon, 02 Nov 2009 08:45:06 +0000

Global consumption for the red metal slipped 1.3% in the first 7 months of 2009 as compared to the corresponding period last year. Concerns continue for copper.

Rio Tinto Expects Copper to Rise

Reporter — Thu, 10 Jul 2008 16:57:38 +0000

Despite a lull in the United States, Vivek Tupule, of Rio Tinto expects to see new record highs this year due to China’s continued economy growth. Vivek Tupule is the chief economist for Rio Tinto, which is the world’s second largest miner according to market capitalisation. “Supplies remain constrained and there’s scope for demand pick [...]