Copper Rises to Record Approaching $4.50 a Pound
Bloomberg reports that Copper prices rose, extending a rally to a record approaching $4.50 a pound.
Bloomberg reports that Copper prices rose, extending a rally to a record approaching $4.50 a pound.
Northland Resources S.A. (TSE:NAU) files an Exploitation (Mining) Concession application to the Finnish Ministry of Employment and the Economy for the Hannukainen iron Oxide-Copper-Gold project.
Businessweek reports that Copper climbed to a record in London on speculation economic growth next year.
Bloomberg reports that Copper prices fell the most in four months on concern that China will act to slow its economy, eroding demand for metals.
Bloomberg reports that Copper in London dropped 0.2 percent to $8,132.75 a metric ton.
The Canadian Press reports that copper, platinum and palladium are advancing amid expectations that the economy could be growing stronger.
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
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 [...]
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
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 [...]
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