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Copper Industry News

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HKEx plans to expand rage of mini contracts
Fri, 24 Oct 2014 02:02:00 +0100
HKEx on Tuesday gave a launch date of Dec. 1 for contracts in copper, aluminium and zinc with smaller lot sizes than those on the London Metal Exchange (LME), which HKEx bought in 2012. Eventually we want to have all of the LME metals (as mini contracts ...
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LME copper set for weekly rise on seasonal China demand
Thu, 23 Oct 2014 21:18:00 +0100
SYDNEY, Oct 24 (Reuters) - London copper edged down on Friday amid expectations of swelling supply, but prices were headed for the biggest weekly rise in two months on signs of demand recovery in top consumer China. In China, copper demand has shown a ...
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Copper Falls on Comex
Thu, 23 Oct 2014 16:23:00 +0100
Copper prices have ended lower as lacklustre US economic data and a stronger US dollar weighs on investor interest in the metal. The most actively traded contract, copper for December delivery, fell 1.05 cents, or 0.4 per cent, to settle at $US3.0175 a ...
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Lmeweek-atlantic Copper Aims For Record Cathode Production
Thu, 23 Oct 2014 16:21:33 +0100
* Says scrap copper market remains tight LONDON, Oct 23 (Reuters) - Spanish smelter Atlantic Copper aims for record production this year and expects increased capacity at copper smelters globally to absorb the output from mines and keep the concentrates market in balance through 2017. Atlantic Copper, a subsidiary of mining firm Freeport-McMoRan Inc, expects to produce 284,000 tonnes of copper ...
http://uk.finance.yahoo.com/news/lmeweek-atlantic-copper-aims-record-152133377.html


Copper up on better China, Europe outlook
Thu, 23 Oct 2014 14:30:00 +0100
COPPER futures rose Thursday as stronger manufacturing activity in China and Europe bolstered investor hopes of increased demand for the industrial metal. THE most actively traded contract, for December delivery, rose 2.25 cents, or 0.8 per cent ...
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Close To Close: Copper Prices Boosted By Chinese Import Data
Thu, 23 Oct 2014 11:19:00 +0100
Copper prices firmed in the kerb session of the London Metal Exchange on Thursday October 23 as Chinese trade data showed a strong monthly increase in refined imports of the red metal. Copper, basis three months, finished the kerb at $6,694 per tonne ...
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London copper climbs after China factory data
Thu, 23 Oct 2014 02:15:00 +0100
Three-month copper on the London Metal Exchange was up 0.5 percent to $6,655.25 a tonne by 0719 GMT. The metal hit a one-week top of $6,710 a tonne in the previous session before closing down 0.6 percent. Volumes remained thin due to an industry week in ...
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Lmeweek-uk Offers Chile's Codelco $1 Bln Investment Deal In Mining
Wed, 22 Oct 2014 17:12:33 +0100
Britain offered up to $1 billion in loans and guarantees on Wednesday to support UK business deals with the world's biggest copper producer, Chile's state-owned Codelco. The agreement is aimed at stimulating deals between UK companies and Codelco including building infrastructure such as railways, selling mining equipment or making financial investments. "It strikes me that Chile is a natural ...
http://finance.yahoo.com/news/lmeweek-uk-offers-chiles-codelco-161233838.html


Lmeweek-antofagasta Ceo Warns Chile Could Miss Out On Mining Dollars
Wed, 22 Oct 2014 16:07:28 +0100
Copper miner Antofagasta (LSE: ANTO.L - news) warned on Wednesday that Chile could miss out on future mining investment unless it does more to support the industry, simplify regulations and streamline an increasingly cumbersome permitting process. Chile produces about a third of global copper supply. "Authorities and the country need to realize that there is a limited amount to invest in the ...
http://uk.finance.yahoo.com/news/lmeweek-antofagasta-ceo-warns-chile-150728262.html


Copper hopes bright despite volatility
Wed, 22 Oct 2014 11:42:00 +0100
Copper is set for a period of price volatility as the market digests new supply but long-term prospects remain bright due to grade declines and extended lead times for new projects, according to global miner Rio Tinto. Sentiment toward the red metal ...
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Copper futures hit 1-week high amid ECB stimulus hopes
Wed, 22 Oct 2014 06:35:00 +0100
Investing.com - Investing.com - Copper prices rose to a one-week high on Wednesday, as hopes of fresh stimulus from the European Central Bank lifted sentiment. On the Comex division of the New York Mercantile Exchange, copper for December delivery rose to ...
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Seeking 'absolute zero,' copper cube gets chillingly close
Tue, 21 Oct 2014 22:05:43 +0100
An Italian lab has cooled a cubic metre of copper to within a tiny fraction of "absolute zero", setting a world record, the National Nuclear Physics Institute said Tuesday.
http://uk.news.yahoo.com/seeking-absolute-zero-copper-cube-gets-chillingly-close-210543439.html


Are Dr. Coppers fortunes about to reverse
Tue, 21 Oct 2014 17:46:00 +0100
Copper prices have stumbled to six-month lows amid concerns about over-supply and nearly across-the-board declines in commodity prices, but some analysts are tipping a recovery in the red metal. "Market sentiment towards commodities is now unduly ...
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Molex Displayed Coiled Assemblies at MILCOM 2014, Highlighted ResilientFlex ...
Tue, 21 Oct 2014 14:07:00 +0100
Molex Incorporated highlighted its full line of copper flex circuit assemblies at MILCOM 2014, the Military Communications Conference. At booth 317, Molex also focused on its Resil
http://uk.finance.yahoo.com/news/molex-displayed-coiled-assemblies-milcom-130700988.html


Most Metals Cheap,' Copper Favored at Newedge
Tue, 21 Oct 2014 01:28:00 +0100
Oct. 21 (Bloomberg) -- Richard Fu, director for Asian commodity trading at Newedge Group SA, talks about metals demand and Chinese growth. He speaks with Mark Barton, Anna Edwards and Manus Cranny on Bloomberg Television's Countdown. (Source: Bloomberg)
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