Copper Imports slipped in China
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
Articles Tagged "prices"
Southern Copper Corp. to expand Peru Mine after Metal Prices
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
Rio Tinto has forecasted downside copper risk, costs slipped
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
BHP Billiton gained as copper prices climbed
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
Demand worries stall copper’s climb
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 [...]
Zambian Central Bank sees copper price surging above $4900/ton
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
China Copper purchases may result in deficit
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
China stock market rose, Jiangxi copper surged 10%
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
Armenian GDP fell as copper prices dip
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
Shanghai Copper climbed on strong spot prices
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 [...]
