BHP Billiton Ltd. workers are threatening to strike at the world’s leading copper mine if the company doesn’t meet demands for a share of record profits. Pedro Marin, president of Chile’s Mining Federation, stated: We don’t see any alternative. For full story, click here
U.S. copper futures closed down a shade on Thursday, easing back from a new nine-month peak as investors booked profits and digested a more than 18 percent rally in prices during the past two weeks. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures ended lower on Tuesday, after touching nine month highs earlier in the session, as copper climbed for a third day on speculation that the global economy is well on its way to a recovery. The index of leading indicators in the U.S., the [...]
Copper dipped by 1.06 per cent in afternoon trade on the Multi Commodity Exchange as traders preferred booking profits on existing higher levels. For full story, click here
Physical copper premiums in Asia surged this week, boosted by the potential for huge profits for importing metal into China. For full story, click here
Copper tracked back from 4-1/2 month highs on Tuesday as doubts over the extent of demand continued and as investors booked profits after a rally fuelled by a new plan to revive the US banking sector. For full story, click here
Wednesday, August 12, 2009