Articles Tagged "Copper Articles"

Teck Resources and Antofagasta Deny Merger Talks

Copper – Following a Bloomberg report put out Monday suggesting that Teck Resources and Antofagasta were in talks regarding a merger, both companies have put out press releases denying that claim. The article from Bloomberg stated that Teck and Antofagasta had conducted early-stage talks, although it noted that the miners both said they were not currently in negotiations.

Morgan Stanley Copper Price Outlook

Copper – The copper price has started to bounce back from its drastic fall at the start of the year, climbing more than 6 percent over the past month. However, Morgan Stanley has cut its 2015 price forecast for the metal by roughly 16 percent, to $5,945 per tonne, on the back of lackluster demand from China.

Base Metals Round-Up: Copper Price Rallies as Production Stops at Grasberg

Copper – Copper investors were likely pleasantly surprised looking at price charts at the end of this week. After plummeting near the start of the year and sitting around $2.60 per pound for the past month, the metal's price appear to be heading up.

The Other Side of Low Copper Prices: How the Market Affects Mineworkers

Copper – The red metal is commonly referred to as Dr. Copper, and most are aware of how closely it's tied to the economy. However, copper also affects the economy in another, less-talked-about way — it creates jobs for miners in countries around the world, and with lower copper prices, jobs in some of those areas might be at risk.

Cormarck Securities Staying Bullish on Copper

Copper – With copper prices still sitting around $2.61 per pound, sentiment in the space isn't great at the moment. However, firms are still putting out positive outlooks on the copper price, and Cormark Securities is one of them.

Stefan Ioannou: Copper Surplus ‘Relatively Small Compared to Overall Picture’

Copper – Resource Investing News had the chance to catch up with mining analyst Stefan Ioannou of Haywood Securities at the recent 2015 PDAC International Convention, Trade Show & Investors Exchange. Ioannou spoke about his outlook for the copper market, and while he noted that he does see a surplus, he also pointed out that it isn't that large relative to the actual magnitude of overall global demand for the metal.