Articles Tagged "London"

Antofagasta H1 Copper Output Off, But Costs Surged

Chilean copper miner Antofagasta Plc posted a 6.6 percent slip in first-half copper output on Thursday, slightly better than its own expectations, and declared costs remained sharply higher than last year. The London-listed firm said copper production for the six months to end June decreased to 218,200 tonnes from 233,600 tonnes in the same period [...]

Shanghai Copper dipped 0.9%, chasing LME losses

Shanghai copper dipped nearly 1 percent on Wednesday, tracking London’s losses in the previous session as weak U.S. consumer confidence data prompted investors to pause from a rally that has lifted prices more than 80 percent this year. For full story, click here

Copper surged, found support at $4425

Copper surged, capping weekly gains in London and New York, as Chinese imports of the metal climbed to a record and inventories continued to dip. Stockpiles of copper in warehouses monitored by the London Metal Exchange fell for a 12th day. For full story, click here