Tag Archive | "commodities"

Opawica Explorations Inc. – Ontario Gold and Copper

Thursday, July 8, 2010

Opawica Explorations Inc. is a junior explorations company with interests in the exploration and development of mineral resource properties. They main focus is the 100% owned Atikwa Lake-Mayburn gold and copper project located near Kenora, Ontario.

Eurozone Economy Continues to Pressure Copper

Tuesday, May 25, 2010

Copper took a big hit on Tuesday, losing 3.2 percent on the COMEX as Eurozone fears gained momentum. All of the six main metals traded on the LME fell, led by nickel. Copper for delivery in three months lost 2.5 percent to $6,735 a metric tonne on the London Metal Exchange.

Goldman Fraud Charge Hits Copper Prices

Tuesday, April 20, 2010

As news over impending fraud charges against leading commodities player Goldman Sachs hit the market last Friday, copper witnessed considerable downside. Risk averse investors jumped from their positions, sending copper plummeting to a three month low.

China’s Credit Tightening Bad News for Copper

Tuesday, April 13, 2010

Copper prices backed off from the 20-month peak they scaled on Monday as China’s clamp down on credit stirred fresh fears that the red metal’s rally has been overdone.

Greenback Softens Copper, But Declining Stocks Limit Downside

Tuesday, March 9, 2010

After rallying 5.5 percent on the back of the Chilean earthquake, copper prices dipped, ranging between lows of $7,255 per tonne and highs at $7,634 per tonne on the LME.

Dropping Consumer Confidence Takes a Bite out of Copper

Tuesday, February 23, 2010

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.

Copper to Thrive, with or without China

Tuesday, February 16, 2010

Purchases from other nations; the US and Japan are also powerhouses when it comes to copper consumption, will more than offset any potential decrease in Chinese consumption. As economies around the globe get back on track, the global copper market is anticipated to move into a deficit this year.

Euro-zone Debt Concerns Guide Copper Market

Tuesday, February 9, 2010

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

Market Forces Take Copper for a Wild Ride

Tuesday, January 19, 2010

After a volatile day, US Copper closed up 2 per cent on Tuesday; as optimism about demand from China combined with confidence from international investors to compensate for a rising greenback and increasing stockpiles.

Copper Claims Top Honours

Wednesday, January 6, 2010

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 Price Chart
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