Commodities fell, led by copper’s drop to a nine-month low, on speculation that demand for raw materials will decline as European policymakers prepare to assess whether Greece can meet conditions of a rescue loan. Industrial users of metals and energy and companies that use agriculture commodities to make food may slow purchases, waiting on a [...]

NEW YORK—Copper futures slumped to their lowest levels in more than nine months on worries that Europe’s widening debt crisis would deepen the global economic slowdown and slash demand for metals. Prices for the industrial metal had held firm in recent weeks despite fears that Europe’s banks may be sliding toward a credit crunch. But [...]

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/2a635288-e2a5-11e0-897a-00144feabdc0.html#ixzz1YQ2AxQLZ Commodities markets were hit by European economic growth worries on Monday amid the eurozone’s debt crisis [...]

Angel Broking has come out with its report on Crude Oil, Copper, and Silver. Crude Oil: Weekly Price Performance: Nymex Crude Oil gained almost 1% w-o-w and on the MCX prices rose 2.2%. US Energy Department Inventory: Last week witnessed a sharp decline in inventory levels by 6.7 million barrels to reach 346.4 million barrels [...]

Allan Ferguson, chairman of the Trinidad and Tobago Scrap Iron Dealers Association (TTSIDA), says the industry is responsible for 37 per cent of the containers that leave the Port of Port of Spain every month. Ferguson said this represented over 700 containers and a value of hundreds of thousands of dollars in business on which [...]

Police officers in Lakeland followed two nervous men in July and discovered they had more than $1,000 worth of copper wire in their vehicle — all stolen from 10 nearby utility poles. That incident was just the latest in a category of crimes increasingly coming to the attention of law enforcement: Central Florida thieves are [...]

WASHINGTON — In a high-stakes battle that pits gold and copper against fish, members of Congress are scrapping over a plan to build one of the world’s largest open pit mines in southwest Alaska. Fearing that toxic wastes from the mine could hurt the wild salmon population in her home state, Washington state Democratic Sen. [...]

SHANGHAI (Reuters) – China’s key commodity imports, including crude oil, copper and iron ore, all climbed in August from the previous month, adding to evidence that demand in world’s second-largest economy was still going strong despite the economic turmoil in the West. The wave of buying of oil and industrial commodities suggests that Chinese companies [...]

BHP Billiton Ltd. (BHP)’s coking coal miners in Australia have resumed strikes after failing to agree with management on pay and work conditions, further disrupting the largest exporter of the steelmaking material. “Strikes are continuing and now we are considering an escalation,” said Stephen Smyth, president of the Construction, Forestry, Mining and Energy Union’s mining [...]

Reuters reported that First Quantum Minerals is close to securing about USD 1 billion in financing to expand its Zambian copper operations. The miner has an 80% stake in the Kansanshi mine in Zambia and also produces copper and gold from the Guelb Moghrein mine in Mauritania. Kansanshi produced about 230,000 tonnes of copper and [...]

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