Articles Tagged "copper stocks"

Copper Futures Lifted by Bullish US Data, Eurozone Debt Action Plan

Copper – Copper futures were volatile on Tuesday, but closed higher for the second-straight day as better-than-expected US consumer confidence data and a relative calm tone in the European markets overshadowed a disappointing home sales data.

Freeport Declares Force Majeure, Copper Positioned to Rally

Copper – A strike at Freeport McMoRan's Grasberg project in Indonesia has impacted the company's copper output and aided in tightening the copper supply chain as a whole, positioning copper for a price rally.

CMC Metals Ltd.: Silver Hart Direct Ship Grades
Red Metal Resources Reports Reconnaissance Sample Assays of 10.30% Copper and 21.72 g/t Gold on Mateo Property

Shrinking Chinese Trade Surplus Thwarts Copper’s Ascent

Copper – After finally experiencing upward momentum earlier in the week, copper prices plunged Thursday, as China reported a shrinking trade surplus, and concerns over the European debt crisis took a bite out of the metal’s demand prospects.

Virgin Metals Announces Adoption of Shareholder Rights Plan

Copper Futures Flat due to Economic Uncertainty

Copper – Copper futures ended nearly flat Thursday, supported by some better-than-expected US economic data; however, futures remained under pressure due to the sentiment that the global economy is barreling towards another recession.

Virgin Metals Inc. Announces Expansion of Los Verdes Project Through Acquisition of Adjoining Potreritos Deposit

Copper Recovers on Bargain Hunting

Copper – Copper prices staged a modest recovery on Monday, gaining 4.4 percent on the COMEX and 4.1 percent on the LME, as investors digested last week’s slide to a 14-month low as an opportunity to bargain hunt.