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Copper Industry News

Copper metal - newsfeed and latest world Cu reports


What Drives Copper Prices
Fri, 03 Jul 2015 01:10:00 +0100
Copper is one of the oldest, most-used metals in the industrial world, having been used as a form of currency for more than 10,000 years. Today, the metal remains of importance due to its resilience to heat and rust. It is used as a key base material for ...
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July 2 (Reuters) - The following are the top stories on the business ...
Wed, 01 Jul 2015 19:25:00 +0100
Mehr dazu von reuters.com: MONTERREY, July 1 (Reuters) - ArcelorMittal, the world's largest producer of steel, will cut 2,800 jobs at its Mexico unit as global prices slump ... July 2 (Reuters) - London copper held its ground on Thursday after strong ...
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Trafigura in joint venture with Mubadala
Mon, 29 Jun 2015 10:22:42 +0100
New company to buy into copper and zinc assets as prices trade near 6-year lows
http://www.ft.com/cms/s/0/44ceaa74-1e37-11e5-aa5a-398b2169cf79.html?ftcamp=published_links%2Frss%2Fmarkets_commodities%2Ffeed%2F%2Fproduct


Coppers supply glut takes shine off short-term price outlook
Wed, 24 Jun 2015 11:08:00 +0100
High in the mountains of Peru, one of the biggest copper projects ever developed is about to enter production, as its Chinese owners look beyond weak prices for the industrial metal. Chinas state-backed Minmetals, whose listed subsidiary operates the ...
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Metals-copper Climbs Off 3-month Lows As Greece Worries Simmer, But ...
Tue, 16 Jun 2015 20:27:00 +0100
* Coming up: Fed releases policy statement at 1800 GMT (Adds comment, detail; updates prices) By Melanie Burton MELBOURNE, June 17 (Reuters) - London copper on Wednesday edged off a three-month low touched in the previous session, with worries over a ...
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Monetary Policy Should Be Accommodative, Indicated The RBA
Tue, 16 Jun 2015 00:02:00 +0100
For the 24 hours to 23:00 GMT, the AUD strengthened 0.33% against the USD to close at 0.7760. LME Copper prices declined 2.17% or $128.0/MT to $5760.5/MT. Aluminium prices declined 2.41% or $41.0/MT to $1660.5/MT. In the Asian session, at GMT0300 ...
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London copper eyes fourth weekly fall on China demand fears
Fri, 12 Jun 2015 01:30:00 +0100
I wouldn't be surprised if prices range in the very near term. It's difficult to get a good sense of direction until we see more clarity in terms of how Chinese stimulus will filter through into the economy in the second half. Three-month copper on the ...
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Copper: quantum leap
Mon, 08 Jun 2015 17:15:50 +0100
Copper-bottomed opportunities are rare, so too are pure plays on the red metal
http://www.ft.com/cms/s/3/83449cac-09e0-11e5-b6bd-00144feabdc0.html?ftcamp=published_links%2Frss%2Fmarkets_commodities%2Ffeed%2F%2Fproduct


Here Is Why I Am Buying Freeport-McMoRan And Selling Southern Copper
Mon, 08 Jun 2015 09:11:00 +0100
China is the demand side of the copper equation; therefore, both FCX and SCCO fortunes are highly dependent on the price of the red metal and economic growth and strength of the Chinese economy. One would expect the share prices of both FCX and SCCO to be ...
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China Copper Weekly 20150601
Mon, 01 Jun 2015 05:32:00 +0100
Futures: LME copper prices fell to around USD 6,100/mt last week, with both trading volumes and positions down. SHFE 1508 copper contract became the most active one. 2. TCs for imported copper concentrate, price multiple for Chinese copper concentrate ...
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Fall in copper and nickel production impacts merged mining and commodity ...
Tue, 05 May 2015 05:13:00 +0100
Mining and commodity trading giant Glencore disappointed investors today with a weaker than expected first quarter update as copper and nickel production ... Glencores exposure to iron ore, where prices are at a five year low, is small compared to ...
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Chile: Copper bottomed
Mon, 27 Apr 2015 19:20:16 +0100
Facing higher costs and lower prices, copper producers are being asked to improve their environmental record
http://www.ft.com/cms/s/0/b9f15790-eaa0-11e4-96ec-00144feab7de.html?ftcamp=published_links%2Frss%2Fmarkets_commodities%2Ffeed%2F%2Fproduct


Teck slashes dividend on 'depressed' coal and copper prices
Tue, 21 Apr 2015 06:24:00 +0100
Miner Teck Resources Ltd. slashed its half-yearly dividend and posted quarterly profit below analysts estimates as prices for steel-making coal and copper remained depressed. Coking coal prices remain at multiyear lows, with spot prices falling close to ...
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Codelco plans to raise copper output to 2 million tonnes by 2026
Thu, 16 Apr 2015 02:12:00 +0100
Reuters reported that Chilean state run copper miner Codelco expects its annual copper production to reach about 2 million tonnes by 2026 as it invests USD 25 billion in new mines and expansion projects to boost output.....more
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Highlights-top Copper Mining Executives Meet In Chile
Tue, 14 Apr 2015 21:58:41 +0100
Top copper mining executives have flocked to Santiago, Chile, to discuss the state of the industry as companies' margins are squeezed by falling prices, which have forced the toughest cost-cutting in years. Productivity is a great challenge for the mining industry in Chile.
http://uk.finance.yahoo.com/news/highlights-top-copper-mining-executives-205841530.html


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