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 16, 2008
Global recession concerns found copper at a 33-month low, dropping up to 8 percent on Thursday. Base metals were able to pare earlier losses when European shares came back slightly from an earlier drop. There is a very strong link between equities and commodities that will persist for the time being,” Standard Chartered analyst Dan [...]
Continue reading "Copper Drops to 33-Month Low"
Thursday, October 16, 2008
The top mining port in Chile, Antofagasta, has workers striking for a second day in a row. Demands for higher pay and better working conditions are the reasons behind the strike. Workers started their strike at Antofagasta, which serves Chile’s northern mining region, just before midnight on Tuesday, leaving at least one copper shipment delayed [...]
Continue reading "Chile Copper Mine Port Strike"
Wednesday, October 1, 2008
Xstrata Copper Canada has announced that Kidd Metallurgical site and CAW-Local 599 did not agree to the terms set out in a new collective agreement. Despite the Union having broken off talks at 2 pm on Monday, the company bargaining team continued to try to negotiate an agreement. We are very disappointed that the Union’s [...]
Continue reading "Xstrata Copper Kidd Metallurgical Strike"
Friday, July 11, 2008
Copper futures are on the rise as a result of an overall strengthening of metals due to the weakening dollar and all time high oil prices. Copper supported by surrounding strength in the base metals complex. Read the full article here. The copper stockpiles in China’s Shanghai Futures Exchange continue to rise while inventories on [...]
Continue reading "US Copper Futures Open Firmer"
CopperInvestingNews.com maintains a focus on Copper exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Copper Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on copper trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, November 1, 2011