Copper gains on expectations that the Federal Reserve will keep rates low until 2014 in order to keep the US economy's path to recovery on even keel.
Continue reading "Copper Rises as Fed Seen Keeping Low Rates Until 2014"
Friday, January 20, 2012
Copper is rising on signs of improvement in the US economy, and hopes that China will ease credit to jump-start the economy.
Continue reading "Copper Gains on US Outlook, China Easing Hopes"
Wednesday, December 7, 2011
European copper producer KGHM announced on Tuesday its acquisition of Canadian copper miner Quadra FNX.
Continue reading "Copper Prices Retreat; KGHM Bids for Quadra FNX"
Friday, December 2, 2011
Copper futures closed down on Thursday as data pointing toward slowing manufacturing growth put the growth-sensitive red metal under pressure.
Continue reading "Copper Futures Down on Slowing Global Manufacturing"
Wednesday, November 30, 2011
Copper futures were volatile on Tuesday, but closed higher for the second-straight day as better-than-expected US consumer confidence data and a relative calm tone in the European markets overshadowed a disappointing home sales data.
Tuesday, November 1, 2011
A strike at Freeport McMoRan's Grasberg project in Indonesia has impacted the company's copper output and aided in tightening the copper supply chain as a whole, positioning copper for a price rally.
Continue reading "Freeport Declares Force Majeure, Copper Positioned to Rally"
Thursday, October 20, 2011
Copper tumbled as the once red-hot Chinese economy slows down and Eurozone worries persist.
Continue reading "Copper Slumps on China’s Slowdown, Eyes on EU Meeting"
Tuesday, October 11, 2011
There has been a recent surge in scrap-metal thieves attempting to cash in on copper's worth. As the recent price weakness may correct and attract more crime, the market is preparing, and lawmakers are cracking down.
Continue reading "Copper Thieves Persist; Lawmakers Respond"
Thursday, September 29, 2011
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.
Continue reading "Copper Futures Flat due to Economic Uncertainty"
Monday, September 26, 2011
Excalibur Resources Ltd. (CNQ:XBR) reported that it has finalized non-brokered flow-through and non flow-through private placements for total proceeds of $718,000.
Continue reading "Excalibur Finalizes Private Placement Financing"
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Friday, January 27, 2012