Copper futures were volatile on Tuesday, but closed higher for the second-straight day as better-than-expected US consumer confidence data and a relative calm tone in the European markets overshadowed a disappointing home sales data.
Tuesday, January 18, 2011
Copper future rallied on mounting concerns that demand will outpace global supplies by as much as 600,000 tonnes in 2011.
Continue reading "Copper Rallies on Growing Supply Concerns"
Friday, October 22, 2010
Lundin Mining Corporation (TSE:LUN) announces that the government of the Democratic Republic of Congo and Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) have announced the successful conclusion of the review of Tenke Fungurume Mining's contracts.
Thursday, September 11, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Wednesday was the first day in five sessions that U.S. copper futures ended up. The change in trend comes after a reduced production outlook from a top producer and an earthquake in northern Chile re-ignited some fears of a shortfall in supply. The price of copper [...]
Continue reading "Supply threats lend support to copper"
Wednesday, July 23, 2008
By Leia Michele Toovey – Exclusive to Copper Investing News Copper moved up early week, influenced by a change in the metal’s supply/demand balance. Tuesday’s NYSE copper session prices spanned from $3.6595 to $3.7450/ lb, the contract’s highest level since July 15. By Wednesday noon, copper hit a high of $3.850/ lb. In India, on [...]
Continue reading "Copper Prices Ascend"
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Wednesday, November 30, 2011