Jun

30

DJ African Copper 15 Months Pretax Profit $30.7M.

June 30, 2010 | Leave a Comment

LONDON, Jun 30, 2010 African Copper PLC (ACU.LN), a copper deposits explorer focused on Botswana, said Wednesday that for the 15 months ended March 31, it made a pretax profit of GBP30.7 million on revenue of $7.4 million. MAIN FACTS: -Revenue $7.4 million (12 months ended Dec. 31, 2008: $n/a) -Operating profit $34.4 million (2008: [...]

Jun

30

Fluor wins $1,3bn Chile copper mine contract ..

June 30, 2010 | 1 Comment

SAN FRANCISCO – Fluor Corp has won a $1,3-billion contract for work on a new copper mine in central Chile, adding to a growing backlog of mining projects for the largest publicly traded US engineering company. Fluor said on Tuesday it would handle the engineering and construction on the new Caserones copper mine for Minera [...]

Jun

30

China MCC: Afghan copper mine to start output in 2013.

June 30, 2010 | Leave a Comment

CHENGDU, China, June 30  – An Afghanistan copper mine joint venture between Metallurgical Corp of China (MCC) and Jiangxi Copper is expected to start production of copper concentrates in 2013, an MCC executive said on Wednesday. This is two year’s later than the end-2011 startup date stated in September by MCC president Shen Heting, but [...]

Jun

30

LME 3month forwards CMP 30 Jun 2010

June 30, 2010 | Leave a Comment

LME 3month forwards CMP : Copper 6521(+41) Lead 1729 (+19) Zinc 1775 (+15) Nickel 19255 (+95) Aluminum 1943(-7)

Jun

30

LME Copper Inventory 30 Jun 2010

June 30, 2010 | Leave a Comment

LME Inventory Update Copper -850MT Lead +400MT Zinc +1400MT Nickel -336MT Aluminum -5475MT Tin -195MT.

Jun

29

Copper Rises for Third Day on Expectations U.S. Spending Will Show Growth..

June 29, 2010 | Leave a Comment

Copper rose for a third day in London after a U.S. report on personal spending signaled improved growth, boosting demand for industrial metals. Consumer spending in the U.S. rose in May more than forecast, a sign households are gaining confidence in the recovery and the job market. Purchases rose 0.2 percent after little change the [...]

Jun

29

Copper prices make electric substations prime targets.

June 29, 2010 | 1 Comment

Tuesday, June 29, 2010 As the price of copper continues to rise, one company that is a frequent victim of theft of the metal has offered a $10,000 reward to stop the crime. A spokesman at Duquesne Light Co. said many of its 211 electric power substations and 300 others in the region are vulnerable [...]

Jun

29

METALS-Shanghai copper to open steady; econ concerns linger..

June 29, 2010 | 2 Comments

SHANGHAI June 29 – Shanghai copper is expected to open steady on Tuesday, as concerns over the pace and scale of economic recovery weigh after mixed U.S. economic data were released. FUNDAMENTALS * Three-month copper on the London Metal Exchange CMCU3 fell $59 to $6,810 by 0026 GMT on Tuesday, paring some gains in the [...]

Jun

29

LME 3month forwards 29 Jun 2010

June 29, 2010 | Leave a Comment

LME 3month forwards CMP : Copper 6637(-33) Lead 1786 (-14) Zinc 1799 (-8) Nickel 19920 (-5) Aluminum 1981(-10)

Jun

29

LME Copper Inventory 29 Jun 2010

June 29, 2010 | Leave a Comment

LME Inventory Update Copper -1225MT, Lead +125MT, Zinc -200MT, Nickel -1146MT, Aluminum -7075MT, Tin -15MT.

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