The value of Chile’s copper exports dipped 52 percent to $1.754 billion in April, compared with $3.649 billion in the same month a year ago. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures fell more than 2 per cent Monday on worries that demand from China, the world’s biggest copper consumer, may slow. Copper for July delivery lost 5.7 cents to close at $2.0885 a pound on the Comex division of the New York Mercantile Exchange. Last [...]
Chile’s peso closed 1.5 percent firmer on Thursday, rising as prices for the nation’s chief export, copper, hit four-month highs and the dollar fell, while stocks closed lower. For full story, click here
With the dropping of export tariffs on copper and nickel, Norilsk expects its operating profit to be $1.6 billion to $1.8 billion [in 2009]. For full story, click here
Copper accounts for about 70 percent of Zambia’s export income. Companies including First Quantum Vedanta and Glencore International AG operate in the country. For full story, click here
Friday, May 15, 2009