Copper industry news - latest copper prices - world reports.

Copper Industry News

Copper metal - newsfeed and latest world Cu reports

Glencore Copper Mines Seen Top of China's Asset Shopping List
Wed, 30 Sep 2015 09:46:00 +0100
Metal companies from China are stepping up acquisitions of mining assets overseas, including copper, according to Bloomberg Intelligence. Ministry of Commerce data shows deals have continued even as prices slump, analysts Yi Zhu and Kenneth Hoffman wrote ...

Stocks volatile as growth worries persist
Tue, 29 Sep 2015 21:01:41 +0100
Copper steadies and oil prices jump

Copper-rich Zambia hit by global drop in commodity prices
Tue, 29 Sep 2015 20:02:00 +0100
Demand for copper, which is used across industry from construction to car manufacturing, has suffered from the slowing Chinese economy. Commodity prices have been plunging in recent week, caused by China's economic slowdown. The depth of the slump was ...

China shocker drops copper price to 6-year low
Mon, 28 Sep 2015 02:00:00 +0100
On Monday copper futures declined for the eight sessions in a row wiping out a supply-cut rally sparked by top producers Glencore and Freeport McMoRan at the start of the month. On the Comex market in New York copper for delivery in December sagged more ...

Copper glut, low demand could knock bullish confidence
Fri, 25 Sep 2015 01:46:00 +0100
We will only get more output cuts if prices fall to around $4,500, producers need to be incentivized to cut, for the market to rebalance, Widmer said. Glencore plans to suspend 400,000 tonnes of copper output in Africa over the next 18 months, while ...

Chile quake shifts copper market focus back onto supply risks
Thu, 17 Sep 2015 04:52:00 +0100
These worries pushed down benchmark copper prices to a six-year low last month. But early on Thursday, prices surged to an eight-week top of $5,440.50 per tonne on news of the 8.3 magnitude Chile earthquake that prompted two miners to suspend operations.

Newmont Mining (NEM) Stock Slumping with Copper Prices
Mon, 14 Sep 2015 10:20:00 +0100
NEW YORK (TheStreet) -- Newmont Mining stock is lower by 1.66% to $15.97 in late morning trading on Monday, as copper prices are dragged down by China's economic data. China, the world's largest copper consumer, released economic data on Sunday that showed ...

Zambia to address jobs threat at Glencore's Mopani Copper
Thu, 10 Sep 2015 07:59:00 +0100
LUSAKA (Reuters) - Zambia is to hold talks with Mopani Copper Mines (MCM) over parent company Glencore's plan to suspend operations after a drop in the metal's price, the mining minister said on Thursday. An electricity shortage and weaker copper prices ...

Zambia bears brunt of China slowdown
Wed, 09 Sep 2015 08:34:41 +0100
Africas second-biggest copper producer hit by falling commodities prices and plunging currency

Copper shines on Glencore output cut with debt reduction plan
Mon, 07 Sep 2015 16:48:31 +0100
Price jumps as group suspends work at mines following rising prospects of copper supply declines

Asarco plans layoffs after Freeport cuts, copper industry downturn
Fri, 28 Aug 2015 23:58:00 +0100
The downsizing reflects a decline in worldwide demand but is especially attributed to the recent economic slump in China, which accounts for about 40 percent of global copper consumption. The price of copper reached a six-year low earlier this week ...

Minding the gaps in the copper cost curve: Andy Home
Fri, 31 Jul 2015 01:11:00 +0100
Cost-curve dynamics have been under close scrutiny in markets such as aluminum and nickel for many months now as prices of both metals plumb depths not seen since the global financial crisis. And now it's copper's turn. On the London Metal Exchange ...

BHP takes $ charge on South32 split
Wed, 22 Jul 2015 17:23:32 +0100
Anglo-Australian miner to also take $350m to $650m charge on copper business

Weak oil prices delayed gas projects for mining giant BHP Billiton
Tue, 21 Jul 2015 19:47:00 +0100
BHP beats fiscal 2015 iron ore guidance, takes copper hit (Reuters). weiterlesen ... quarter but a decline in gas production as projects were delayed on weak oil prices . BHP Billiton's iron ore production rises but gas slips (AFP).

Chinas equity rout sparks metal meltdown
Wed, 08 Jul 2015 11:00:26 +0100
Copper leads commodity rout as share prices plunge

If you have a press or media news release about the copper industry or an original perspective on copper metal prices please contact our metal reports editor.