Even as the iron ore price talks are mired in controversy, China’s import of copper is set to climb down in June due to the high prices in London Metal Exchange. For full story, click here
Continue reading "Copper Imports slipped in China"
Friday, June 19, 2009
Southern Copper Corp., Peru’s leading copper producer, will resume expanding its Toquepala mine in Peru after prices rebounded this year. For full story, click here
Continue reading "Southern Copper Corp. to expand Peru Mine after Metal Prices"
Tuesday, June 2, 2009
Miner Rio Tinto has forecasted a risk that a strong rally in copper prices may reverse over the next six to nine months. For full story, click here
Continue reading "Rio Tinto has forecasted downside copper risk, costs slipped"
Wednesday, May 20, 2009
South African stock surged for a fourth day, the longest streak of gains in more than two months, as copper prices climbed and volatility waned. BHP Billiton Ltd. and Anglo American Plc led the advance. For full story, click here
Continue reading "BHP Billiton gained as copper prices climbed"
Tuesday, May 12, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures fell more than 2 per cent Monday on worries that demand from China, the world’s biggest copper consumer, may slow. Copper for July delivery lost 5.7 cents to close at $2.0885 a pound on the Comex division of the New York Mercantile Exchange. Last [...]
Continue reading "Demand worries stall copper’s climb"
Wednesday, March 25, 2009
The Zambian central bank is expecting world copper prices to surge above the $4,900 a metric ton by the end of 2009, easing the pressure suffered by Zambian copper mines since July last year. For full story, click here
Continue reading "Zambian Central Bank sees copper price surging above $4900/ton"
Tuesday, March 24, 2009
Copper purchases by China to boost stockpiles may trigger the global market from surplus into deficit this year, boosting prices already underpinned by stimulus spending. For full story, click here
Continue reading "China Copper purchases may result in deficit"
Friday, March 20, 2009
China’s main stock market index rose for a fifth day Friday, gaining 7.2 percent for the week as increased commodity prices pushed up metals stocks. Jiangxi Copper Ltd., China’s second-largest metal producer, surged the daily maximum of 10 percent, Jiangxi Copper to 22.33 yuan. For full story, click here
Continue reading "China stock market rose, Jiangxi copper surged 10%"
Thursday, March 19, 2009
Armenia announced that its GDP has fallen in fiscal 2008. Since the country copper prices have gone down, it may hamper country’s exports of copper. For full story, click here
Continue reading "Armenian GDP fell as copper prices dip"
Wednesday, March 18, 2009
Shanghai copper climbed up on Wednesday, after earlier touching a four-month high, buoyed by strong spot prices. Jane Jiang, an analyst at Shanghai Nonferrous Metals Industry Association, said: Shanghai copper futures prices were supported by strong physical prices. Spot copper has been sold at a premium since the start of the March settlement period, as [...]
Continue reading "Shanghai Copper climbed on strong spot prices"
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Sunday, July 12, 2009