India copper futures eased on Thursday in tune with overseas markets, where economic concerns weighed on the red metal along with profit-booking. For full story, click here
Continue reading "India Copper Futures Eased on Global Cues"
Thursday, August 6, 2009
London copper slipped nearly 2 percent on Thursday, after scaling fresh 10-month highs in the previous session, as investors stepped back to reassess the health of the global economy. Mark Pervan, senior commodity analyst at Australia and New Zealand Bank, stated: A lot of people are holding their breath because the gains have been really [...]
Continue reading "Copper Retreated as Risk Appetite Cancel"
Saturday, August 1, 2009
AV Birla group company, Hindalco Industries, which has reported a 31% drop in net profit at Rs 481 crore in the first quarter ended June 30, 2009, is exploring the Global Depository Receipts (GDR) option to raise up to $500 million in addition to offering shares under the QIP route. The board is exploring the [...]
Continue reading "Hindalco has planned to surge $500 mln via GDR's"
Tuesday, July 21, 2009
Freeport-McMoRan Copper & Gold Inc sees a tighter global supply base for copper and strong demand from China and the developing world favoring the industrial metal’s longer-term outlook. For full story, click here
Continue reading "Emerging Markets are bolstering Copper Outlook: Freeport"
Wednesday, July 8, 2009
Shanghai copper closed weaker, but off two-week lows on Wednesday when talk of a second U.S. government stimulus plan stoked concerns about the fate of the global economy. For full story, click here
Continue reading "Shanghai Copper slipped as Economy Worries Linger"
Thursday, June 25, 2009
World Bureau of Metal Statistics declared that copper excess in international market in January to April 2009 period reached 133,000 tonnes. At the same time a year ago there was copper shortage of 161,000 tonnes. For full story, click here
Continue reading "Global Q1 Copper Excess reached 133,000 tonnes"
Wednesday, June 24, 2009
Copper future prices have improved by 0.15 per cent at the Multi Commodity Exchange today on the back of higher advices from the London Metal Exchange, the hub of international trading in base-metals. For full story, click here
Continue reading "Copper Future Prices have higher LME advices"
Friday, June 12, 2009
Chile’s Collahuasi copper mine, owned by international miners Xstrata Copper and Anglo American, its annual output should reach 1 million tonnes of copper by 2015. Miguel Angel Duran, CEO of the local unit of Anglo American Plc, stated: We are still at the conceptual stages, so we can’t give a concrete date, but 2015 could [...]
Monday, June 8, 2009
Halbis Capital Management, the active management arm of HSBC Global Asset Management, has raised its shareholding in Jiangxi Copper Co Ltd. to 5.12% from the 4.82% it held earlier, according to the bourse operator Hong Kong Exchanges and Clearing. For full story, click here
Continue reading "Halbis Capital Management surged stake in Jiangxi Copper"
Friday, May 29, 2009
Indian copper futures traded up on Friday as positive international macro-economic data along with a weak dollar supported investor sentiment. For full story, click here
Continue reading "Indian Copper futures traded up as data, dollar support"
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Thursday, August 6, 2009