Three-month copper was down 0.1 percent, or $7.20, at $7,193.75 per tonne this morning.
Articles Tagged "United States"
Copper for March delivery was nearly flat this morning, increasing 0.4 percent, or $29.43, to reach $7,357.25 per tonne.
Three-month copper on the London Metal Exchange today rose $1.48, to $7,383.25 a tonne.
Copper prices increased today following news that the Chinese government will make its currency more flexible and market driven.
Three-month copper prices in London rose today to $7,182.75 a tonne, a jump of nearly $36 from the previous session.
Eurasian Minerals Inc. (TSXV:EMX,NYSEMKT:EMXX) announced that via Bronco Creek Exploration Inc., its subsidiary, it has entered into three exploration and earn-in agreements with Savant Explorations Ltd. (TSXV:SVT) for the Jasper Canyon, Buckhorn Creek and Frazier Creek porphyry copper projects. Jasper and Buckhorn are located in Arizona, while Frazier is in Nevada.
Copper prices hit their highest level in a week due to optimism that the Federal Reserve will decide today to avoid tapering stimulus until the economy shows more signs of recovery.
It has been a good first few days of October for Nevada Copper (TSX:NCU), which has released several pieces of positive news since the start of the month.
Industrial minerals like copper and nickel are essential to global economic expansion. But everywhere you look, grades are getting lower, and costs are getting much, much higher. Is there a way out? Rick Mills says mining companies need to look to Greenland. In this interview with The Metals Report, the owner and host of Ahead of the Herd.com lauds the world's largest island for its vast resources, its one-stop regulatory system and its year-round access to ocean transportation.
Concerns about the future of the Federal Reserve's stimulus program caused copper to fall today.