Rising inflation and interest rate hikes in China, a struggling Japanese economy, and sustained high oil prices have investors worried about future demand for copper.
Continue reading "Economic Worries Negatively Impact Copper"
Monday, February 21, 2011
Reuters reports that while domestic demand remained flat, Japanese copper wire and cable shipments rose 4.9 percent in January from a year earlier. The market news is quoted as saying: Exports of copper cable and wire jumped 53.1 percent in January to 2,100 tonnes, but domestic demand climbed only 3.6 percent to 54,500 tonnes. The appetite for copper, used [...]
Continue reading "Japan Jan Copper Cable Shipments up 4.9 Percent"
Sunday, August 2, 2009
Japan’s Mitsubishi Materials Corp. has acquired a 25% stake in a B.C. copper project under development by Vancouver’s Copper Mountain Mining Corp. For full story, click here
Tuesday, June 23, 2009
Nippon Mining & Metals Co declared that it will resume copper concentrate unloading from a ship for its Saganoseki smelter in southern Japan after an accident prompted operations to be suspended. For full story, click here
Continue reading "Nippon Mining will resume copper ore unloading for Saganoseki"
Tuesday, June 16, 2009
Nippon Mining and Metals declared that three workers have been killed while unloading raw materials from a ship at a copper smelter in southern Japan. For full story, click here
Monday, June 15, 2009
Nippon Mining & Metals Co Ltd. declared that three workers were killed in an accident at the weekend while unloading raw materials from a ship for its copper smelter in southern Japan. For full story, click here
Continue reading "Nippon Mining declared 3 workers death in Port Accident"
Sunday, April 5, 2009
Pan Pacific Copper Co Ltd, Japan’s top copper smelter, reported that it has planned to produce 290,300 tonnes of copper in April-September, down 3.2 percent from a year earlier. For full story, click here
Continue reading "Pan Pacific H1 forecasts dip in copper output by 3.2 per cent"
Thursday, April 2, 2009
Sumitomo Metal Mining Co Ltd, Japan’s second largest copper smelter, declared that it plans to produce 401,000 tonnes of copper in the year to end March 2010, up 1.8 percent from its plan a year earlier. For full story, click here
Continue reading "Sumitomo Mining forecasts 09/10 copper output up 1.8%"
Thursday, March 26, 2009
Japanese copper smelters reported that they will continue copper production curbs from April as demand for the metal has not recovered. For full story, click here
Continue reading "Japan likely to curb more copper output"
Thursday, October 16, 2008
Stocks in Japan plummeted the most in 21 years and saw copper fall in London for a second day. The Nikkei 225 index slumped 11 percent. The U.S. needs to accelerate steps to bail out financial institutions to help arrest plunging stock values, Japan’s Prime Minister Taro Aso said in Tokyo. Copper has dropped [...]
Continue reading "Copper Drops as Demand May Erode"
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Thursday, April 14, 2011