Articles Tagged "price"

Price of copper hit by scrap scarcity

The supply of copper is usually associated with the image of huge open pit mines in Chile and elsewhere. The turnround in scrap constitutes one reason behind the surge in copper prices so far this year, as consumers tap into tight supplies from the mines to replace the loss. For full story, click here

More good times for Copper

By Leia Michele Toovey- Exclusive to Copper Investing News Copper has rallied 31 per cent in the first quarter of 2009; since December 26, the red metal’s price has increased 47 per cent.  This rapid upward swing has earned the metal the title best performer among the 19 raw materials tracked by the RJ/CRB commodity [...]

Caterpillar shows recovery signs

US mining equipment manufacturer Caterpillar announced that its largest customers are looking for a return to growth in the mining industry in the next 18 months and view the price of copper as a key indicator of a turnaround. Mr Chris Curfman, president of Caterpillar’s global mining division, said: It’s really the copper price that [...]

Copper soars by 12 percent

Copper, the base metal whose price movements backs the industrial activity, has risen over 12% in a week. Harish Gallipeli, research head, Karvy Comtrade, said: A breakout of a price range caused some technical buying, which was supported by the change in London Metal Exchange (LME) warehouse statistics. For more details, click here

Copper reflects economic sentiment

By Leia Michele Toovey- Exclusive to Copper Investing News Copper is often looked to as a barometer of economic health due to its copious use in building and construction.  When an economy is growing, copper use rises exponentially. In the early 2000′s rapid economic growth paved the way for an explosion in demand for the [...]

Closing Share Price of Newmont

The company’s shares closed Wednesday at $42.76 and haven’t traded premarket. The stock is up 80% in the last three months. For full story, click here