Copper Prices Up, but Caution Remains
Mineweb reported that although caution in the market remains, copper prices increased on Tuesday after indications that Spain will use public funds to help its banks.
Articles Tagged "copper price"
European Austerity Worries Hurt Copper
Bloomberg reported that copper prices dropped to the lowest level seen in five weeks due to concerns that austerity measures may be shifted off course by the recent elections in France and Greece.
Copper Rises on US Confidence, European Hopes
Expectations of continued easy monetary policy in the United States, and hopes for the European Central Bank to step in to prop up the sluggish economy, are bolstering copper demand worldwide.
China’s Manufacturing Slowdown Hampers Copper
A slowdown in Chinese manufacturing is bringing down the price of copper this week, but losses are limited in light of continued gains in the US economy.
Copper in Architecture
The surge in copper prices in recent years has led to a wave of metal theft worldwide which show no signs of abating. But while the red metal’s durability makes it a popular material in construction, its sheen also makes it a hit amongst architects and may continue to rise in demand amongst designers.
Greece Debt Swap Progress Lifts Copper Demand
A step forward in resolving Greece's debt woes has lifted demand for copper, but a setback in the US job market is keeping investors on edge.
Glencore’s Xstrata Takeover May Lift Copper Juniors’ Finances
Glencore's planned takeover of Xstrata will create a commodities giant. But instead of being threatened, junior copper miners may actually gain from the merger, as the new company could look to them to shoulder risks.
Copper Rises as Fed Seen Keeping Low Rates Until 2014
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.
Copper Gains on US Outlook, China Easing Hopes
Copper is rising on signs of improvement in the US economy, and hopes that China will ease credit to jump-start the economy.
Copper Prices Retreat; KGHM Bids for Quadra FNX
European copper producer KGHM announced on Tuesday its acquisition of Canadian copper miner Quadra FNX.
