Tag Archive | "decline"

BHP warns of Escondida copper fall

Wednesday, April 22, 2009

BHP Billiton reported on Wednesday that total output at its majority owned Escondida copper mine in Chile will decline by 30% during the 2009 financial year because of lower grades and ongoing issues with a mill. For full story, click here

Copper slumps to lowest price in 3.4 years

Thursday, November 13, 2008

The industrial metal slumped 0.03% to US$ 1.62885 per pound spurred by demand fears. For full story, click here

Freeport Profit falls 33% as Copper Price Declines

Tuesday, October 21, 2008

The third quarter earnings of Freeport-McMoRan Copper & Gold Inc fell 33 percent as metal prices declined. Kerry Smith, mining analyst at Haywood Securities Inc, said: At about $2.20 a pound for copper, they’re feeling the pain at some of their operations. In the short term, I wouldn’t expect to see closures, but if we have [...]

As week closes, negative market sentiments extend to copper

Thursday, September 18, 2008

By Leia Michele Toovey- Exclusive to Copper Investing News Copper started the week on the upside with the dollar’s decline instigating gains that strong- armed the market catastrophe’s negative sentiment. As the week progressed though, copper futures ended lower as global economic growth concerns and further turmoil in financials weighed on sentiment. Copper prices were [...]

Lehman catastrophe fails to shake LME copper

Monday, September 15, 2008

By Leia Michele Toovey- Exclusive to Copper Investing News On Monday, copper lead gains in metals traded on the London Metal Exchange (LME) as the greenback retreated from its recent stronghold. The dollar’s recent run to new highs against the euro has extended losses for the metals; the recent pullback is getting people back in [...]

Copper still in a bull market?

Thursday, August 21, 2008

By Leia Michele Toovey – Exclusive to Copper Investing News US copper was pushed to a two-week high on early Thursday trading, as a decline in the American currency made dollar-dominated commodities more attractive to investors. Signs that China, the world’s biggest user of the metal, may have a refreshing demand picture as the Olympics [...]

Beijing Kick-off does little to Rally Copper

Tuesday, August 12, 2008

By Leia Michele Toovey- Exclusive for Copper Investing News Friday marked the kick-off of the Beijing Olympics, a milestone that has been long anticipated by the market. India’s copper futures opened with little change on Monday as rising stocks and shrinking demand continued to cap the upside. Early morning, the benchmark August copper on the Multi [...]

Copper steady, but sentiment negative on slow demand

Thursday, August 7, 2008

Copper prices were steady on Thursday, but are expected to decline over coming weeks due to slowing demand growth in China and falling consumption in the United States. For full news, click here

Copper Price Chart
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