Hindustan Copper Ltd has declared that its net profit has witnessed a huge slump of 99.41% during the quarter ended June 2009. For full story, click here
Continue reading "Hindustan Copper Q1 Net Plunged 99.41%"
Friday, August 7, 2009
India copper futures edged lower on Friday on continued profit-taking, as investors awaited U.S. jobs data to gauge the health of the U.S. economy. For full story, click here
Continue reading "India Copper Edged Lower on Continued Profit Taking"
Thursday, August 6, 2009
Jiangxi Copper Company Limited announced that it estimates its net profit will dip in between 57% and 64% YoY in the H1 of 2009. For full story, click here
Continue reading "Jiangxi Copper Net Profit in H1 to dip by 64%"
Thursday, August 6, 2009
U.S. copper futures lost as much as 3 percent at the open on Thursday, as prices pulled back from 10-month highs and investors squared up positions ahead of key monthly employment data on Friday. For full story, click here
Continue reading "U.S. Copper Futures Opened Lower in Profit-Taking Retreat"
Wednesday, August 5, 2009
Jiangxi Copper Company Limited declared that it estimates its net profit will decrease by between 57% and 64% YoY in the H1 of 2009. For full story, click here
Continue reading "Jiangxi Copper Net Profit in H1 to dip by 64%"
Tuesday, August 4, 2009
Jiangxi Copper Company Limited declared that it estimates its net profit will decrease by between 57% and 64% YoY in the H1 of 2009. For full story, click here
Continue reading "Jiangxi Copper Net Profit in H1 to dip by 64%"
Tuesday, July 21, 2009
Southern Copper Corp, the leading copper producer in Peru and Mexico, posted a 68 percent dip in second-quarter profit on slumping metals prices. Rodrigo Suazo, a mining analyst at brokerage SAB Centura, stated: We expected a negative result with such a big drop in metals prices. For full story, click here
Continue reading "Southern Copper profit slipped 68% as prices plunged"
Thursday, July 16, 2009
Rio Tinto, currently in the news because of Chinese government claims of bribery of steel industry executives by some of its executives there, is looking at a lower half year profit, judging by the June quarter and first half output review released yesterday. For full story, click here
Continue reading "Rio Tinto's Mixed Output Half Year"
Monday, June 15, 2009
Weakness in copper stocks on bourses was reflected in copper futures, which slipped by 1.97% in early trades today extending losses for the second day on the MCX following profit booking by the traders at higher levels. For full story, click here
Continue reading "Hindalco, Sterlite has gone red"
Monday, June 15, 2009
Copper futures today slipped by 1.97 per cent in early trade, extending losses for the second day on the Multi Commodity Exchange, as traders indulged in profit-booking at higher levels amid a subdued trend overseas after the dollar strengthened. For full story, click here
Continue reading "Copper futures slipped 1.97%"
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Tuesday, August 11, 2009