By Leia Michele Toovey-Exclusive to Copper Investing News
Speculation that the worst may be over, when it comes to the recession sent the price of copper above $2.00 a pound on Thursday for the first time since October. Stock indexes rose in Asia and Europe this week and were poised for gains in the U.S. after [...]
By Leia Michele Toovey- Exclusive to Copper Investing News
Copper has rallied 31 per cent in the first quarter of 2009; since December 26, the red metal’s price has increased 47 per cent. This rapid upward swing has earned the metal the title best performer among the 19 raw materials tracked by the RJ/CRB commodity index.
Copper’s [...]
By Leia Michele Toovey- Exclusive to Copper Investing News
As economic malaise spread around the globe; silver and gold stocks became top performers. Worried investors flocked to both metals as a means to safe guard their investments as stocks, bonds and currencies became increasingly volatile. Copper investments were not appealing. Copper, fundamental to the transfer of [...]
By Leia Michele Toovey- Exclusive to Copper Investing News
U.S. copper futures ended positive on Wednesday as bargain hunters took advantage of lower prices following declines in the red metal triggered by a strengthening U.S. currency.
The dollar surged to its highest level against the euro since January amid growing expectations that the American economy would outperform [...]
By Leia Michele Toovey- Exclusive to Copper Investing News
Copper joined the pack in the mid-week revival of base metal prices.
On Tuesday, the red metal hit a 6-month low of $7,150 a tonne with the frenzied sell off of commodities. However, profit-taking since then on short covering purchases, and higher oil has turned the price around.
On Thursday, [...]
By Leia Michele Toovey – Exclusive to Copper Investing News
Copper finishes the week with a steady rise. The Friday opening price of the metal was $8,320/ tonne compared to Thursday’s price of $8,230/ tonne, despite the fact that concerns over shrinking Chinese demand, and the resolution of the Latin American strikes were expected to initiate [...]
Overview
Apoquindo Minerals (AQM: TSXv) is advancing its Copper Oxide Project in the heart of the world’s greatest copper producing region in Chile, as well as actively exploring multiple base metal and precious metal projects in Peru. During management’s tenure as top executives with Codelco Chile, the world’s largest copper producer ($24B market cap), they [...]
Up-up and away! This has been the story on copper prices this first half. Prices have jumped 28%, reaching record-breaking levels in May. This past week, they are within $210 USD from their all time high.
Price increases are being fueled by high crude, a weak US dollar, and a growing amount of investors allocating their [...]
Thursday, April 9, 2009
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