Reuters reported that copper held steady ground in Monday trading, given traction by signs that the Chinese slowdown is moderating.
Articles Tagged "copper"
Reuters reported that an up tick in demand, coupled with sparse inventories, have pushed Chinese copper premiums to a 7-month high.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) announced that shareholders have voted in support of FCX's proposed acquisition of PXP.
Mineweb reported that the death toll has risen to 14 after a tunnel collapsed at Big Gossan underground training facility at the PT Freeport Indonesia Grasberg complex, and 14 more are still missing and feared dead.
Bloomberg reported that copper got a boost from supply concerns with the closure of Freeport-McMoRan Copper & Gold Inc.’s Grasberg Indonesian mine after a tunnel collapse.
Bloomberg reported that copper climbed on Friday, reducing losses this week, given a boost by improving U.S. consumer confidence that suggest an up tick in demand.
Candente Copper Corp. (TSX:DNT) provided updates on the Cañariaco copper project.
CNBC reported that a drop in copper prices combined with higher operating costs hit Antofagasta's Q1 profit.
Consolidated Woodjam Copper Corp. (TSXV:WCC) announced that through the Gold Fields Horsefly Exploration Corporation, a subsidiary of Gold Fields Limited(NYSE:GFI, NASDAQ:GFI) have updated resource estimates at Southeast Zone as well as the Deerhorn and Takom Zones.
Mawson West Limited (TSX:MWE) provided its first quarter financial results, including a gross profit of $18.1 million.