LME Copper Hits $7,369.25 per MT
Copper – Copper prices on the London Metal Exchange increased today, hitting $7,369.25 a metric ton, a gain of 0.84 percent.
Copper – Copper prices on the London Metal Exchange increased today, hitting $7,369.25 a metric ton, a gain of 0.84 percent.
Copper – Copper prices on the London Stock Exchange fell May 29.
Copper – Bloomberg reported that copper futures are headed for their longest rally since January on the back of the work stoppage at Freeport-McMoRan Copper & Gold Inc.'s (NYSE:FCX) Grasberg mine in Indonesia. A tunnel collapsed at the mine on May 14 and the death toll is now at 17.
Copper – Copper for delivery in three months fell on the London Metal Exchange to $7,198 per metric ton, a 0.6-percent decline.
Copper – Copper prices on the London Metal Exchange rose to $1,333.25 a metric ton the morning of May 8, an increase of nearly $12 from the previous day.
Copper – The futures of copper delivery for July fell the morning of May 6 to $3.3015 per pound, a decline of about $0.013, on the Comex in New York.
Copper – Bloomberg reported that copper futures dipped on Monday, pushed down by speculation that last week's rally was overdone, based on the likelihood of supply surplus.
Copper – Bloomberg reported that copper advanced on Tuesday, pulled up by proof of upwards momentum in the U.S. Economy.
Copper – CNBC reported that New York copper futures are down from last week due to uncertainty about whether central banks will provide stimulus. Friday's speech from Federal Reserve Chairman Ben Bernanke may provide some clarity.
Copper – Serengeti Resources Inc. (TSXV:SIR) has started drill program at Kwanika property.
Get our independent commentary on resource trends and companies delivered to your inbox.