From 1998 until late-2003, copper traded between 60 and 90 cents. Prices then took off on a 5-year up-trend, helped by strong growth in China and a falling U.S. dollar. For full story, click here
The worst of death-defying drops that world’s copper prices took in the past year appear to be over and, in the long run, prices should surge again on the back of electric energy sector growth in the developing world. For full story, click here
A sharp rise in the price of copper this month flies in the face of recent gloom about economic growth and may indicate the recession might not be as deep or long as originally feared. For full story, click here
Zambian copper production hilked more than a third in the first two months of 2009 and prospects for continued output growth were good despite some mines having shut due to the economic crisis. Bank of Zambia Governor Caleb Fundanga stated: The signs that we are seeing in the economy are positive. Although some mines have [...]
Friday, July 24, 2009