Shanghai copper up 4 pct
Shanghai copper futures rose more than 4 percent on Thursday. For full story, click here
Articles Tagged "up"
Kazakhmys Q4 copper output up but to make cuts in '09
Kazakh miner Kazakhmys posted a 7 percent increase in fourth quarter copper cathode output compared to the previous quarter but said it would address falling demand by cutting spending and output in 2009. For full story, click here
Copper futures up on strong global cue
Copper futures surged today largely in tandem with global markets after the dollar weakened even as demand worries continued due to deepening global recession. For full story, click here
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
Copper Steady After declining to 3-Year Low as Inventories up
Copper did not change much in New York after earlier declining to the lowest price in three years as inventories of the metal climbed to the highest since 2004. For full story, click here
PanAust increases next year's copper output forecast
PanAust Ltd increased its next year’s copper output forecast by nearly 10 % from its mine in Laos to 65,000 tonnes, based on a new ore reserve estimate. Gary Stafford , Managing Director of PanAust, said: At the time that a third of the mine’s total output was already pre-sold on the spot market through to 2010. For [...]
Copper futures up 6 percent
Copper futures rose as much as 6 % on Monday on the back of Chinese government’s plans to pump in $600 bn into its economy to support growth. For full story, click here
Copper prices slumped almost 9 percent
Copper was down nearly 9 % as inventories were up and the US dollar weighed after the US election. Charles Cooper, mining analyst at Evolution Securities, said: By and large it’s going to be dollar driven. We’re seeing the copper price and some of the other metal prices following that trend. We’re facing a global [...]
