Articles Tagged "hedging"

Positive Sentiment Drives Copper to Monthly High

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 [...]

Taseko Initiated Copper hedging program to secure cash flow

Taseko Mines Limited revealed that it has established a hedging program for approximately 50% of targeted copper production to the end of 2009 from its wholly-owned Gibraltar Mine. Russell Hallbauer, President and CEO of Taseko, stated: Even though the price of copper has increased considerably over the past three months, there remains uncertainty with the [...]