Copper miners drag on FootsieFri, 07 Mar 2014 15:43:15 GMT
The Footsie is moving lower despite the better-than-expected US jobs data released just an hour ago. Shares of copper miners such as Anglo American (-4.7%) and Antofagasta (-3.8%) are leading the way lower.
Copper Is Getting CreamedFri, 07 Mar 2014 14:53:00 GMT
Copper prices are down 3.4% to $3.11 a pound...
Copper Drops Sharply on China WorriesFri, 07 Mar 2014 07:18:00 GMT
Copper prices were on track for their biggest drop in more than two years Friday, as investors worried about slowing growth in China, the world's biggest consumer of the industrial metal. Copper for May delivery, the most actively traded ...
Congo halts mining expansions in east due to power shortageThu, 06 Mar 2014 13:38:25 GMT
* Congo reported record copper output in 2013 * Glencore, Freeport have mining projects in Katanga KINSHASA, March 6 (Reuters) - Democratic Republic of Congo's prime minister has told mining companies to halt any expansion plans requiring extra power in the copper-rich Katanga province due to an "energy crisis", a document seen by Reuters showed on Thursday. In a letter addressed to President ...
Boost for Northern China's copper market likely from TPME's spot ...Wed, 05 Mar 2014 22:21:00 GMT
Tianjin Precious Metals Exchange's plan to start spot copper trading from March 17 would probably boost trade in the metal in northern China, industry observers said Thursday. There could be some movement in trading from eastern and southern China to the ...
Copper closes lowerWed, 05 Mar 2014 14:03:00 GMT
COPPER futures have settled slightly lower on the London Metal Exchange (LME), losing ground following the release of weaker-than-expected US manufacturing data. At the PM kerb close on Wednesday, LME three-month copper was down 0.3 per cent at $US7,030 a ...
Copper climbs to 1-week high as China NPC meeting kicks offWed, 05 Mar 2014 06:58:00 GMT
Copper prices last traded at $3.222 a pound during European ... Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices ...
Current Copper Price Forecast Tied to Non-Metal CommoditiesWed, 05 Mar 2014 06:43:00 GMT
Copper is an economically sensitive commodity and it serves as a benchmark for the industrial metal sector, which still looks pessimistic. What is especially interesting is that the rest of the commodity groups are finally showing strength since ...
Creatures from the sea provide inspirationTue, 04 Mar 2014 18:30:46 GMT
BRENDA GOUGH PHOTO Mixed media sculptor Jay Holbrook gets his inspiration for his copper rockfish metal sculptures from the waters he dives in around his neighbourhood of Nanoose Bay. Many of his pieces can be found at the Oceanside Village Artists Gallery on Resort Drive in Parksville.
Glencore Xstrata Reports A 20% Rise In Net Income, With Rise In Copper ...Tue, 04 Mar 2014 09:58:55 GMT
Increasing output of Copper and declining costs have improved the net income of Glencore Xstrata. The company that came out with its financial results for 2013 showed that net income increased by 20% to $ 3.67 billion in 2013. The production of Copper gained by 26% to 1.5 million tonnes in 2013.
Glencore Xstrata Posts $7.4 Bln Loss On Impairment, Copper Output ...Tue, 04 Mar 2014 09:16:06 GMT
Commodity trader and diversified natural resources company Glencore Xstrata Plc. Tuesday reported a full year loss, hit by a hefty impairment charge related to last year's acquisition of Xstrata Plc. However, adjusted earnings were impressive, amid increased copper output.
Glencore Xstrata PLC Profit Rises 20% On Improved Copper ProductionTue, 04 Mar 2014 09:15:42 GMT
Glencore Xstrata PLC (LON: GLEN) produced 1.5m tonnes of copper against a tough year for the metal.
Glencore 2013 Profit Rises 20% as Copper Production GainsTue, 04 Mar 2014 07:59:18 GMT
Glencore Xstrata Plc (GLEN) , the global commodity trader and metals producer run by billionaire Ivan Glasenberg, said profit advanced 20 percent last year after copper output increased and costs fell.
Glencore Xstrata upbeat about 2014 after 2013's weaker pricesTue, 04 Mar 2014 07:52:05 GMT
Glencore Xstrata has confirmed that itsaw broadproduction growth over 2013.Copper increased 26 per cent, despite a reasonably challenging year for the metal, and reported revenue rose nine per cent to ...
Copper sinks to three-month lows as China weighsMon, 03 Mar 2014 17:31:16 GMT
LONDON: Copper plumbed three-month lows on Monday after data showed a modest cooling in factory activity in China, the world's top consumer of the metal, and as the dollar rose versus the euro on the threat of war between Ukraine and Russia.