India copper futures edged lower on Friday on continued profit-taking, as investors awaited U.S. jobs data to gauge the health of the U.S. economy. For full story, click here
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Wednesday, August 5, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News Optimism surrounding an economic recovery drove copper to a ten month high on Wednesday, as investors flooded the market with money, betting on stronger demand. Three-month copper on the London Metal Exchange hit $6,149 a tonne, the highest since last October, up slightly from Tuesday’s high [...]
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Tuesday, July 21, 2009
Chilean President Michelle Bachelet declared that the price surge of the international copper is a clear signal that the world economy is recovering. For full story, click here
Wednesday, July 15, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures hit a one-month high above $2.40 per lb Wednesday morning, as a rally in equities restored confidence in the global economy. Equities rallied as data showed better-than-expected manufacturing and industrial production. Additional impetus to copper’s rally came by way of dollar weakness, and [...]
Continue reading "Positive Sentiment Drives Copper to Monthly High"
Wednesday, July 8, 2009
Shanghai copper closed weaker, but off two-week lows on Wednesday when talk of a second U.S. government stimulus plan stoked concerns about the fate of the global economy. For full story, click here
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Thursday, June 25, 2009
London copper slipped 1.6 percent on Thursday and Shanghai futures trimmed gains after the Federal Reserve said the U.S. economy will remain weak for some time, rekindling demand worries. For full story, click here
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Thursday, April 9, 2009
Copper slipped in Asia as some investors deemed the recent climb to a five-month high as excessive amid the renewed concern about financial slump. For full story, click here
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Friday, March 13, 2009
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 [...]
Continue reading "Is copper poised to take gold’s throne?"
Monday, March 2, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures plunged more than 6 per cent early Friday after government data showed a larger than expected fourth quarter GDP collapse. The bad news capped a week where optimism pushed copper futures up. In fact, copper increased, and safe haven gold pared losses. On [...]
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Tuesday, February 24, 2009
Rio Tinto Group puts proposed copper and nickel mine, Kennecott Eagle mine project, on hold due to bad economy. For more information, click here
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Friday, August 7, 2009