Copper Investing News» freeport mcmoran copper

Copper Futures Lifted by Bullish US Data, Eurozone Debt Action Plan

Leia Toovey — Wed, 30 Nov 2011 11:17:21 +0000

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.

Copper Rallies on Growing Supply Concerns

Leia Toovey — Tue, 18 Jan 2011 21:35:26 +0000

Copper future rallied on mounting concerns that demand will outpace global supplies by as much as 600,000 tonnes in 2011.

Lundin Announces Successful Completion of Tenke Fungurume Contract Review Process

Anne Bagchi — Fri, 22 Oct 2010 07:39:31 +0000

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.

Supply threats lend support to copper

Mike Rodger — Fri, 12 Sep 2008 06:39:54 +0000

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 [...]

Copper Prices Ascend

Mike Rodger — Wed, 23 Jul 2008 23:04:05 +0000

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 [...]