Copper Investing News» prices

Copper Imports slipped in China

Reporter — Sun, 12 Jul 2009 14:38:52 +0000

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

Southern Copper Corp. to expand Peru Mine after Metal Prices

Reporter — Sat, 20 Jun 2009 04:37:41 +0000

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

Reporter — Tue, 02 Jun 2009 16:19:40 +0000

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

Reporter — Wed, 20 May 2009 12:52:47 +0000

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

Reporter — Wed, 13 May 2009 03:28:06 +0000

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

Reporter — Thu, 26 Mar 2009 06:46:04 +0000

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

Reporter — Tue, 24 Mar 2009 13:01:44 +0000

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%

Reporter — Fri, 20 Mar 2009 11:59:32 +0000

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

Reporter — Thu, 19 Mar 2009 09:40:50 +0000

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

Reporter — Wed, 18 Mar 2009 11:43:42 +0000

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 [...]