By Leia Michele Toovey- Exclusive to Copper Investing News After the week started on a good note, on Wednesday a Fed warning that the U.S. economy still faces significant threats and bleak U.S economic data led Wall Street to its worst day since the 1987 stock market crash. Copper dropped as much as 8 per [...]
Continue reading "Poor economic data causes copper crash"
Thursday, August 28, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Copper eased on Thursday as concerns of lack of demand overshadowed Wednesday’s dollar fuelled gains. The benchmark August copper on the Multi Commodity Exchange of India was down 0.79 per cent at Rs 331.65 per kg. Copper for delivery in three months on the London Metal [...]
Continue reading "Copper eases on lack of demand"
Monday, August 18, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices continued to be on an upswing on Monday, following last week’s selling spree. You may recall that last Wednesday, the red metal had plunged to a six-month low as investors’ economic concern had initiated a rapid sell off of the metal. The low was [...]
Continue reading "Copper price revival continues"
Friday, August 8, 2008
By Leia Michele Toovey – Exclusive to Copper Investing News On Tuesday, liquidation pushed copper to a six- month low to below $3.40 per lb in the New York Futures COMEX division trade. The end of market announcement of the Federal Reserve decision to keep interest rates steady at 2 per cent helped copper gain some. But analysts [...]
Continue reading "Copper Slowly Rebounds from Six Month Low"
Friday, August 1, 2008
By Leia Michele Toovey – Exclusive to Copper Investing News A refreshed demand picture combined with shrinking supply caused the copper market to show the most positive activity in the past four months. The metal for delivery in three months rose as much as $145, or 1.8 percent, to $8,175 per tonne on the London [...]
Continue reading "Copper Inches up as Stockpiles Shrink"
Tuesday, July 29, 2008
By Leia Michele Toovey – Exclusive to Copper Investing News The copper market was a little dull on Monday, as stagnancy arose from the battle of global demand fears and the summer market lull. London LME copper stocks rose 2,575 tonnes to 136,050, putting a lid on prices. However, these stocks are not particularly high; [...]
Continue reading "Copper Market in Hiatus, at Least for Now"
Monday, July 21, 2008
Overview Serengeti Resources Inc. is a Vancouver based junior exploration company focused on exploration for copper (Cu), gold (Au) and molybdenum (Mo) deposits in the Quesnel Trough, Northern British Columbia – the largest copper-gold porphyry belt in Canada. A strong globally-experienced and technically-skilled management team Focusing on Cu, Au and Mo deposits in the highly [...]
Saturday, July 19, 2008
Overview Dajin Resources Corp. (“Dajin”) is a British Columbia exploration company with mining projects in the Cariboo Mining District in Central BC and the Nelson Mining District in South-eastern BC. Dajin has the right to earn a 65% interest in 32 Cowtrail mineral claims where a seven hole drill program was completed in the summer [...]
Continue reading "Dajin Resources Corp.: Exploration Innovation, The Next Discovery"
Friday, July 18, 2008
Overview Tirex Resources is the first explorer to employ modern exploration techniques on the past producing 344 km² Mirdita District in Albania. This large VMS (Volcanogenic Massive Sulphide) District hosts 9 past producing mines, 17 known VMS deposits, and as defined by the first ever geophysical survey, 22 high priority exploration targets. This unique opportunity [...]
Monday, July 14, 2008
By Leia Michele Toovey – Exclusive to Copper Investing News Copper finishes the week with a steady rise. The Friday opening price of the metal was $8,320/ tonne compared to Thursday’s price of $8,230/ tonne, despite the fact that concerns over shrinking Chinese demand, and the resolution of the Latin American strikes were expected to [...]
Continue reading "Copper Holds Steady"
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Thursday, October 16, 2008