Tag Archive | "hedges"

Positive Sentiment Drives Copper to Monthly High

Wednesday, July 15, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures hit a one-month high above $2.40 per lb Wednesday morning, as a rally in equities restored confidence in the global economy. Equities rallied as data showed better-than-expected manufacturing and industrial production. Additional impetus to copper’s rally came by way of dollar weakness, and [...]

Lundin Mining reported to have entered Copper Hedges

Tuesday, April 21, 2009

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

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