Mar
31
LME Copper Inventory 31 Mar 2010
March 31, 2010 | Leave a Comment
LME INVENTORY DATA: Copper -575 MT lead +125MT, Nickle +336MT, Zinc -50 MT, Aluminum -4700 MT , tin +80MT.
Mar
30
LME Copper Inventory 30 Mar 2010
March 30, 2010 | Leave a Comment
LME INVENTORY DATA: Copper -625 MT, lead +1200MT, Nickle -258MT, Zinc +0 MT Aluminum +30075 MT , tin -35MT.
Mar
29
Mining titan BHP in landmark iron ore pricing move.
March 29, 2010 | Leave a Comment
Global mining giant BHP Billiton Tuesday said it would now sell iron ore to most Asian steel mills on a short-term basis, scrapping an annual pricing model that provoked acute tensions with China. Skip related content Related photos / videos A construction worker prepares steel reinforcing rods at a building site in Shanghai Enlarge photo [...]
Mar
29
BHP confirms move to short term ore sales contracts..
March 29, 2010 | Leave a Comment
Mining giant BHP Billiton says it has reached agreement to sell most of its iron ore on shorter term contracts. “BHP Billiton today announced that it had reached agreement with a significant number of customers throughout Asia to move existing iron ore contracts that were previously priced annually onto a shorter term landed price equivalent [...]
Mar
29
Duran Ventures Building Large Copper Molybdenum Tonnage in Peru Featured in Mining Journal..
March 29, 2010 | 6 Comments
Mar 29, 2010 Mining MarketWatch Journal has published a review on Duran Ventures Inc. (TSX VENTURE: DRV | Quote | Chart | News | PowerRating) (Pink Sheets: DUVNF | Quote | Chart | News | PowerRating) offering insight and opportunity afforded investors as DRV.V is advancing their 100% owned concessions located in Central Peru where [...]
Mar
29
BMO reckons nickel and copper prices will rally and firm up this year..
March 29, 2010 | Leave a Comment
BMO Capital Markets Global Commodity Strategist Bart Melek expects nickel and copper prices to firm over the next several months as real physical supply/demand fundamentals improve. In a note published Sunday, Melek advised, “Given the need to restock consumer inventories, the strengthening global recovery and higher stainless smelting rates should continue to rally both nickel [...]
Mar
29
Jiangxi Copper to control Yantai Penghui…
March 29, 2010 | Leave a Comment
Mar. 29, 2010 - Jiangxi Copper Co Ltd<600362><0358>, which is principally engaged in the production, processing and sale of copper cathode, rods and wire, will spend RMB 800 million at least to gain a controlling stake in Yantai Penghui Copper Industry Co Ltd. Reportedly, the State-owned Assets Supervision and Administration Commission of Yantai, Shandong Province [...]
Mar
29
March 29 – Copper gained for a third day and nickel climbed to the highest price since June 2008 as falling stockpiles boosted investor confidence in global demand. Prices rallied after London Metal Exchange copper inventories fell for the 18th day to 516,925 tons on March 26, the longest period of declines since July 2009. [...]
Mar
26
LME Copper Inventory 26 Mar 2010
March 26, 2010 | Leave a Comment
LME Inventories Update: Copper -1900 Lead +250 Zinc -50 Nickel -1074 Alu -6975 Tin -20.
Mar
25
Brisk Debate Expected at U.S. CFTC Forum On Curbing Metals Market Speculation.
March 25, 2010 | Leave a Comment
Montreal- The U.S. Commodity Futures Trading Commission will lend an ear to more than a dozen players in the metals sector Thursday as it examines whether to try and impose curbs on speculative trading in metals futures contracts such as gold, silver, platinum, palladium. The CFTC’s move is seen as controversial, and Thursday’s hearing is [...]