U.S. copper futures hold two-week peak after data
Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.
Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.
The price of copper surged to a 5-month high above $1.90 a lb in New York futures trade on Thursday, as a weak dollar, rallying equities and economic optimism from the G20 summit in London drove the bullish momentum. For full story, click here
Xstrata Copper forecasts that its copper output surging in Chile this year compared with a year earlier as it maintains momentum from the fourth quarter at its part-owned Collahuasi mine and on the back of ramp-ups and efficiencies. For full story, click here
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