Sharply weaker dollar lifts copper prices
Copper pared losses as a sharply weaker dollar offset concerns about metal demand. For full story, click here
Articles Tagged "fall"
Copper falls on profit-booking
Copper futures reversed early gains and fell on profit-booking as gloom returned to the markets and worries over dwindling demand heightened, analysts said. For full story, click here
Copper down on continuing economic woes
Copper futures opened lower as worries about the health of the global economy continue to cloud the market. For full story, click here
Congo mineral processors hit by copper price fall
More than half of the mineral processing firms in Congo’s Katanga province will close because of the slump in global copper prices. For full story, click here
Copper falls 3 % on firm dollar, economic woes
London copper futures declined nearly 3 percent on Monday, reversing Friday’s 5 percent gains. For full story, click here
US copper finishes up a shade after fall to 3-yr low
U.S. copper futures came back to a slightly firmer finish after key technical support held near the late-October lows. For full story, click here
Quadra Mining may fall on earnings
Copper miner Quadra Mining Ltd. is likely to fall, bids indicated, after its stock was downgraded at UBS AG. For full story, click here For company’s website, click here
Freeport Profit falls 33% as Copper Price Declines
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 [...]
Copper falls Below $2 a Pound, Lowest Since December '05
Copper posts a sharp decline below $2 a pound for the first time since December 2005 amid fears that world economy is headed for a recession, which will result in low demand. Ron Goodis, futures-trading director at Equidex Brokerage, said: It’s very significant to see copper come under $2. People are wondering, `How did it fall so [...]
