Southern Copper will expand Peru Mine after Metal Prices Rebound
Southern Copper will expand Peru’s leading copper producer, will resume expanding its Toquepala mine in Peru after prices rebounded this year. For full story, click here
Articles Tagged "rebound"
Metal prices unlikely to rebound in 2009
Rio Tinto reported that metals prices are unlikely to rebound during 2009 on account of a large stock and production capacity overhang despite an expected improvement in demand over the course of the year. For instance, London Metal Exchange copper prices more than halved, and have since been trading below US$4,000 a metric ton. The [...]
Copper prices ignore rate cut
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices fell to the lowest in almost four years on concern that the deepening global recession will reduce metal demand through next year. Copper prices have plunged 55 per cent this year, heading for a record annual decline. Copper futures for March delivery slipped 0.4 [...]
Copper to Rebound as Demand Grows, Output Drops: Freeport
Copper, headed for its biggest annual price drop in at least two decades, will rebound as demand grows and mine output drops, Freeport-McMoRan Copper & Gold Inc. Chief Executive Officer Richard Adkerson said. For full story, click here
