Zambia's Konkola Copper Smelter has resumed Output
Zambia’s Konkola Copper Mines has resumed output at its Nchanga Smelter nearly a month after a fire caused its closure. For full story, click here
Articles Tagged "smelter"
Sumitomo Mining forecasts 09/10 copper output up 1.8%
Sumitomo Metal Mining Co Ltd, Japan’s second largest copper smelter, declared that it plans to produce 401,000 tonnes of copper in the year to end March 2010, up 1.8 percent from its plan a year earlier. For full story, click here
Is the bull about to make a comeback?
By Leia Michele Toovey-Exclusive to Copper Investing News Copper’s rapid ascent in 2009 reopened the question- are we there yet? Since the economic crisis started everyone has been seeking the answer to the elusive question- have we hit the bottom? The red metal, considered a barometer of economic health, has rallied 33 per cent so [...]
Analysts bullish on copper
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices will be low in the near term as weak demand and piling inventories exert downward pressure, however, for the long term analysts are bullish. When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to [...]
Copper’s New Year ascent short-lived
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures were able to hold on to their positive momentum until Thursday’s close, when consistent inventory builds and grim economic data suggested that demand will exert more downside pressure. Copper started the New Year with a bang, but the positive movement was cut short [...]
Copper rally short-lived
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures started the year on a note of optimism. On January 3, the first day of trading in 2009, copper peaked at US$1.6225, the contract’s highest point since December 2 2008. Copper was just one of the base metals to rally as a result of [...]
China copper smelters seek higher spot, term fees
Spot fees paid to Chinese smelters to convert copper concentrate to finished metal have jumped by upto half in the past month, and by two-thirds from October, signalling higher annual fees. For full story, click here
