US Demand Concerns Hit Copper Market
Fears that the economic recovery is about to stall caused bell weather copper to fall its most in five weeks.
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Tag Archive | "copper demand"
Copper Climbs as Greenback Descends
Tuesday, August 17, 2010
Copper climbed to a one-week high as a declining greenback spurred international demand for the metal.
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Copper Pauses Ahead of Fed Statement
Tuesday, August 10, 2010
Copper plunged to a near two-week low Tuesday, as investors worried that the recent rally has been overdone. Benchmark copper for three-month delivery on the London Metal Exchange traded at $7,250 a tonne from $7,425 at the close on Monday.
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Copper Investors Capitalize on Metal’s Rally
Tuesday, August 3, 2010
Copper dropped on Tuesday, marking the first time in five days that the metal treaded into negative territory. Copper for delivery in three months fell $91, or 1.2 percent, to $7,419 a metric tonne at 10:07 a.m. on the LME.
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Copper Drops from 10 week High
Tuesday, July 27, 2010
Copper enjoyed a welcome relief rally last week; but on Tuesday, the recovery was snapped as negative consumer sentiment sent equities across the US and Europe downward.
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Copper Demand to Outpace Supply
Tuesday, July 20, 2010
Copper commenced Tuesday in positive territory, extending Monday’s winning streak on the back of the longest run of inventory declines in over a year. Copper is ignoring overall market sentiment as lower than anticipated earnings reports from both Goldman Sachs and IBM wreaked havoc on the American and European stock markets.
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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.
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Supply Shortage Looms over Copper Market
Tuesday, July 6, 2010
Copper advanced for the third straight day, as stockpiles plummeted to a seven-month low. Stockpiles have descended for the thirteenth straight day, a sign of tightening market fundamentals. Adding extra impetus to copper’s ascent was a declining greenback.
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Copper Rises with Economic Optimism
Monday, June 28, 2010
Easing concerns over the state of the global economy sent copper on its first winning streak in months. Monday marked the fourth straight day that the metal was in positive territory. Copper closed last week with the biggest weekly gain in over four months.
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Mineralization Remains Open at Nevada Copper’s North Deposit
Wednesday, June 16, 2010
Nevada Copper Corp. reports further drill results at the 100% owned Pumpkin Hollow property, Nevada. The drill results continue to demonstrate continuity of mineralization and upgrading of the copper resource. Drill results reported here represent results from Nevada Copper’s current drill program which has recently been increased to 45,000 meters (148,000 ft) of resource drilling. To [...]
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- Constantine Metal Resources – New VMS Discovery
- Excalibur Resources – VMS project in Ontario, Historic property in BC
- Franconia – Developing Birch Lake in Duluth Complex
- Nevada Copper Corp. – Developing Nevada’s Next Major Copper Mine
- Nortec – mineral exploration and development in Finland, Canada, and Ecuador
- Opawica Explorations Inc. – Ontario Gold and Copper
- Supreme Resources – Copper and Gold in BC
- Tarsis Resources – Copper, Gold, Zinc exploration in the Yukon and Mexico
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Tuesday, August 24, 2010