By Leia Michele Toovey- Exclusive to Copper Investing News Copper climbed the most in over a week as dropping inventories signaled rising demand for the red metal. A huge drawdown in London Metal Exchange inventories provided the strongest boost to copper. Stockpiles monitored by the London Metal Exchange tumbled 2.4 per cent to 480,400 metric [...]
Copper tracked back from 4-1/2 month highs on Tuesday as doubts over the extent of demand continued and as investors booked profits after a rally fuelled by a new plan to revive the US banking sector. For full story, click here
Research Capital, an integrated investment dealer reports new discoveries in the resource sector over last few years. We use our Intersections database as an early warning system to not only highlight a project early in the discovery cycle, but also to monitor its progress through the discovery and advanced drilling phase. In this way, we can compare [...]
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices will be low in the near term as weak demand and piling inventories exert downward pressure, however, for the long term analysts are bullish. When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to [...]
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices fell to the lowest in almost four years on concern that the deepening global recession will reduce metal demand through next year. Copper prices have plunged 55 per cent this year, heading for a record annual decline. Copper futures for March delivery slipped 0.4 [...]
Copper futures fell more than 2 percent on Tuesday, as continuing uncertainty over the health of the global economy and the subsequent demand for industrial metals pressured prices, analysts said. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News With copper prices considered a barometer of economic growth, it is no surprise that the metal is having a rough go. Japan and Germany are in a full-fledged recession, and China and the U.S. are in bear markets teetering on the brink. The metal has lost [...]
By Leia Michele Toovey- Exclusive to Copper Investing News Now that the U.S. election is over, the economy is back in the spotlight. Earlier this week, pre-election excitement sent the economy on an ascent; following the election, the markets tracked back their gains. On Wednesday, copper, considered a key indicator of economic health, was down five per [...]
By Leia Michele Toovey- Exclusive to Copper Investing News Copper sat in relative limbo as investors focussed on the government’s proposed financial bailout plan. On India’s Multi Commodity Exchange, the MCX, futures were steady with an upside bias as a week dollar and rising crude extended support. The upside, however, was capped by bailout uncertainties. Thursday’s benchmark November [...]
Tirex Resources reports that drilling has began on the Old Man Mountain anomaly which is a high priority coincident geophysical and geological drill target. The Old Man Mountain Anomaly has never been drilled during any previous exploration programs and is a target that Tirex identified using modern exploration methods and interpretation. Tirex’s CEO, Bryan Slusarchuk says: “The [...]
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