Copper – Copper futures closed down on Thursday as data pointing toward slowing manufacturing growth put the growth-sensitive red metal under pressure.
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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.
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.
Copper – CMC Metals Ltd. (TSXV:CMB) announced the assay average for the high grade direct ship ore that is prepared and ready for shipping.
Copper – Red Metal Resources Ltd. (OTCBB:RMES) announced returned assay results of reconnaissance samples taken at its Mateo property.
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.
Copper – Virgin Metals Inc. (TSXV:VGM) announced with immediate effect that its Board of Directors has approved the adoption of a shareholder rights plan subject to acceptance by the TSX Venture Exchange.
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.
Copper – Virgin Metals Inc. (CVE:VGM) announced that it has acquired 100% title to the Potreritos deposit concessions in Sonora, Mexico.
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.