Articles Tagged "copper producer"

Will Barrick’s Purchase boost Copper’s Appeal?

Barrick Gold Corp. will purchase of copper producer Equinox Minerals for $7.7 billion, 17 percent more than Equinox’s average share price over the last 20 days of trading. Copper is the only non-gold metal where Barrick desires significant expansion, a clear indication that that the copper market is poised for some impressive gains.

Copper Mining in Canada

Canada is the third largest copper producer in the world, after Chile and the USA. In Canada, copper is always produced in conjunction with another metal, most often as a co-product with nickel, zinc, lead, gold and molybdenum.

Copper Demand to Outpace Supply

Copper commenced Tuesday in positive territory, extending Monday’s winning streak on the back of the longest run of inventory declines in over a year. Copper is ignoring overall market sentiment as lower than anticipated earnings reports from both Goldman Sachs and IBM wreaked havoc on the American and European stock markets.

Copper’s ascent sentiment-driven

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. [...]

More good times for Copper

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 [...]

Is copper poised to take gold’s throne?

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 [...]

Short position purchases help recoup copper

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 [...]