Articles Tagged "copper investing"

Shrinking Chinese Trade Surplus Thwarts Copper’s Ascent

After finally experiencing upward momentum earlier in the week, copper prices plunged Thursday, as China reported a shrinking trade surplus, and concerns over the European debt crisis took a bite out of the metal’s demand prospects.

Copper Mountain Reopens Copper Mine in British Columbia

The first shipment of copper concentrates from Copper Mountain Mining’s (TSX:CUM) mine has made it to the Onahama port in Japan, a key milestone, for the first new copper mine to open in the Province of British since 1998.

Copper Futures Flat due to Economic Uncertainty

Copper futures ended nearly flat Thursday, supported by some better-than-expected US economic data; however, futures remained under pressure due to the sentiment that the global economy is barreling towards another recession.

Copper Recovers on Bargain Hunting

Copper prices staged a modest recovery on Monday, gaining 4.4 percent on the COMEX and 4.1 percent on the LME, as investors digested last week’s slide to a 14-month low as an opportunity to bargain hunt.