Copper Steadied at $7,816 a Metric Ton
Reuters reported that copper steadied at $7,816 a metric ton on reports of China's infrastructure growth plan.
Articles Tagged "Copper Market News"
Eurozone Weighs Down Copper, but Japan Growth and US Industrial Demand Give Hope
The Eurozone's outlook is weighing down on the global economy and copper demand for now, but signs of Japanese economic recovery and a pick up in US industrial output may give momentum to the red metal.
Copper Gains as Greece Secures EFSF Bailout, but Worries Remain
Copper is holding steady following the European Financial Stability Facility's scheduled Greek bailout payment. Nonetheless, political as well as economic uncertainties are prevailing across Europe, and coupled with a decline in copper demand from China, are likely to keep copper from making any significant gains.
Copper Drops with Eyes on US Jobs Data
Copper is falling ahead of the release of April's US jobless data, with many analysts expecting weakness in the critical labor market. A new Indonesian mining tax, however, is expected to have limited impact on mining giants already operating in the country.
Bellhaven Copper & Gold: Drill Results From La Mina Project
Bellhaven Copper & Gold Inc. (TSXV:BHV) announced drill results from the La Mina Project in Colombia.
Antofagasta’s 2012 Q1 Copper Production Dropped 13%
Reuters reported that Antofagasta's (LSE:ANTO) 2012 first-quarter copper production dropped 13 percent.
Copper Dropped 0.9 Percent
Reuters reported that copper dropped 0.9 percent on speculation over uncertainty about U.S. economic growth.
Southern Copper Announces its 2012 Production Guidance
Fox Business reported that Southern Copper (NYSE:SCCO) has announced its 2012 production guidance of 640,000 tons of copper.
First Quantum Minerals Quarterly Profit Dropped 42%
Reuters reported that First Quantum Minerals Ltd's (TSE:FM) quarterly profit dropped 42 percent due to declining copper prices and sales volumes.
Grupo Mexico’s 2012 Q1 Profit Surged 35%
Reuters reported that Grupo Mexico's (OTC Pink:GMBXF) 2012 quarter one profit surged 35%.
