Copper futures on Tuesday extended gains and gained by 1.37 per cent on the Multi Commodity Exchange as speculators covered their short positions, tracking firming trend on international markets. For full story, click here
The Chilean peso has closed stronger against the dollar Thursday, tracking the gains the euro posted against the greenback and copper’s climb to a new year-to-date high. For full story, click here
Lundin Mining declared that it has forward sold, or hedged, about 40,000 tonnes of copper over the next year to lock in recent gains in the metal’s price. For full story, click here
Aurubis Chief Executive Bernd Drouven has expected soaring copper prices to help Europe’s biggest copper smelter make an operating profit in its current fiscal year to Sept. 30. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures plunged more than 6 per cent early Friday after government data showed a larger than expected fourth quarter GDP collapse. The bad news capped a week where optimism pushed copper futures up. In fact, copper increased, and safe haven gold pared losses. On [...]
India copper futures rose for the fourth straight day Wednesday helped up by a rise in the local equity market. For more information, click here
Copper prices ended higher Monday, but off their best levels, as a rebound in the dollar and drop in global equity markets trimmed early gains and helped keep prices pinned near the bottom of their range. For more information, click here
The company amassed a fortune in commodities – valued in excess of $4 billion – when oil cost about $20 a barrel and gold traded for $300 an ounce, by having an innate ability to spot value. For full story, click here
The company amassed a fortune in commodities – valued in excess of $4 billion – when oil cost about $20 a barrel and gold traded for $300 an ounce, by having an innate ability to spot value. For full story, click here
Tuesday, July 14, 2009