Copper Rises for the First Time in Six Sessions
Bloomberg reported today that copper prices in London gained today as factory production in the United States beat predictions from economists.Continue reading...
View ArticleCopper Edges Up, China Data Caps Price Rise
Reuters reported today that copper prices rose on Monday as some investors saw the metal as oversold. However, those gains were capped on news that new home prices in China had fallen yet...
View ArticleCopper Balanced by Chinese, U.S. Data
Three-month copper on the London Metal Exchange was flat Tuesday at $6,905 per tonne, according to Reuters.Continue reading...
View ArticleCopper Rises on Housing Sector Strength
Copper sold on the London Metal Exchange rose $48.42 to $6,916.50 a tonne today in a reverse of losses from the previous session, according to Reuters.Continue reading...
View ArticleCopper Sees Weekly Gain on Positive U.S. Housing Data
Bloomberg reported that copper prices rose 0.9 percent today, finishing at $3.223 per pound on the New York Comex, while on the London Metal Exchange, copper for delivery in three months gained 0.9...
View ArticleCopper Prices Mounting a Comeback on Economic Confidence
The Wall Street Journal reported on Sunday that copper prices look to be making a comeback, as the metal rose over 3% last week. Drivers behind those gains include increased confidence in the global...
View ArticleZambia to Ease Tax Regulations for Copper Exports
The Wall Street Journal reported today that the Zambian Government is planning to relax its rules on taxes for copper exports. That news will bring relief to copper miners in the country, according to...
View ArticleCopper Rises to $7,080.75 on Improving U.S. Economy
Copper for delivery in three months on the London Metal Exchange rose 0.1 percent or $7.08 to trade at $7,080.75 per tonne, according to Bloomberg Businessweek.Continue reading...
View ArticleCopper Falls to $7,054.50 per Tonne, Still Riding on U.S. Growth
Three-month Copper sold on the London Metal Exchange fell $54.25 to reach $7,054.50 per tonne on Wednesday, according to Reuters.Continue reading...
View ArticleMore Than Just China Driving Copper Prices, Clyde Russell
In a column for Reuters, Clyde Russell suggested that China may lose its position as the main driver for copper prices, at least for the short term. Russell drew attention to the importance of demand...
View ArticleCopper Rises to $6,967 per Tonne, Recovers on Positive U.S. Economic News
Copper on the London Metal Exchange rose 0.4 percent or $27.87 to hit $6,967 per tonne, according to Reuters.Continue reading...
View ArticleZambia Removes Copper Export Tax Restriction
The Wall Street Journal reported today that Zambia has done away with a controversial tax restriction on copper exports. The rule change will end an ongoing standoff with companies, with miners set to...
View ArticleCopper Dips on China Power Grid Investigation
Three-month Copper on the London Metal Exchange fell $44.31 to reach $6,923.25 per tonne on Wednesday, according to Reuters.Continue reading...
View ArticleBotswana Being Ignored in the Hunt for Copper
As companies continue their hunt for copper, one African country is on the outside looking in.Continue reading...
View ArticleChina Copper Imports Dip 12% on Financing Probe
Copper imports for China fell to 340,000 metric tons in August, a decline of 12 percent. The drop was mostly due to a drop in shipments a year prior due to a government investigation into fraudulent...
View ArticleCopper Slips for First Time in Four Sessions
Three-month copper on the London Metal Exchange dropped 2.2 percent or $150.38 to trade at $6,835.50 per tonne in London, according to Bloomberg, marking its first decline in four days. Continue...
View ArticleChile to See 20% of Mines Closed by 2025
Mining.com reported that roughly a fifth of the largest copper mines in Chile could soon be closed. However, some of the mines could also be saved through a reconversion process.Continue reading...
View ArticleCopper Recovers Slightly From Yesterday’s Losses
Three-month copper on the London Metal Exchange rose 0.4 percent or $27.47 to trade at$6,868 per tonne on Wednesday, according to Reuters.Continue reading...
View ArticleCopper Futures Dip on Slower China Growth
Investing.com reported today that copper futures dipped a bit lower Monday on slowing factory output from China. Concerns over an economic slowdown rose after data showed that China's factory output...
View ArticleCopper Rises to $6,857 per Tonne on Supply Concerns
Copper for delivery in three months on the London Metal Exchange rose $37.03 or 0.54 percent to trade at $6,857 per tonne, according to Reuters.Continue reading...
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