Copper Moves Towards Longest Rally Since January
Copper – Bloomberg reported that copper got a boost from supply concerns with the closure of Freeport-McMoRan Copper & Gold Inc.’s Grasberg Indonesian mine after a tunnel collapse.
Articles Tagged "copper markets"
Copper Rises on Chinese Import/Export Data
Copper – Bloomberg reported that copper advanced on Wednesday, pushed forward by indications that Chinese demand is growing.
Indian Copper Smelter Closure Jacks up Asian Premiums to Five Month High
Copper – Reuters reported that Asian copper processing premiums are hitting five month highs as India's largest smelter remains closed over environmental issues.
Copper Plunges to Three and Half Year Low
Copper – Reuters reported that negative Chinese data that calls into question their demand, pushed copper down to levels not seen in three and half years
BHP’s Copper Discovery at Succoth Will Pave Way for More Development
Copper – The International Business Times reported that BHP's recent copper discovery at Succoth was large enough to open the remote Australian outback location up to resource development.
Copper Falls on Concern About Chinese Demand
Copper – Bloomberg reported that copper fell on Wednesday, pushed down by weak Chinese export data, raising concern about demand.
Growing Chilean Port Strike Forces Codelco to Look at Shipping Alternatives
Copper – Bloomberg reported that a strike at one of the main export hubs for Codelco is spreading, forcing them to seek alternative shipping arrangements. As quoted in the market report:
Mercator Minerals Beats Analyst Expectations with Q4 Results
Copper – Mining Weekly reported that Mercator Mineral reported record production and earnings in the fourth quarter.
Copper Fox Insider Commits to 83 Percent of Private Placement
Copper – Mining Weekly reported that a Copper Fox Metals Inc. (TSXV:CUU) insider has committed to $2.5 million of a $3-million private placement.
DRC’s Copper-Rich Katanga Province in Midst of Humanitarian Crisis
Copper – Bloomberg reported that the DRC's Katanga province, with abundant copper resources, is in the midst of a humanitarian crisis.
