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• Copper Spot News

  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit
  • LME’s plan to ditch sterling recognises need to adapt
  • Bullion, base metals and energy outlook by SMC Global
  • GEPL Capital`s view on bullions, base-metals, energy
  • Mining group Anglo sees little respite for copper supply deficit
  • BASE METALS: Copper Ends Near Flat On Mixed Economic Data
  • Copper down 1.13% on weak global cues
  • Check out best bets for crude, gold, copper
  • The doctor’s diagnosis on the great world economy
  • Persistent selling mars indices
  • World stocks, euro off lows on ECB easing hopes
  • US market exceedingly weak, buy gold on dips: Fat Prophets
  • Sterlite: Weak outlook priced in
  • Sterlite Industries, Hindalco hit 52-week low on falling copper prices
  • Copper to remain uninspiring, range-bound in short term
  • Hindustan Copper sees prices staying high

India Resources’ (ASX: IRL) Surda Copper mine in in the state of Jharkhand has recorded profits in recent months. As production ramps up, for the months of December 2009 and January 2010, Surda mine set several new production records. For the month of January, Surda Mine hoisted 36,973 tonnes and tramming for the same month [...]

Mexico City-based mega-miner Grupo Mexico expects 2010 will be “a year of consolidation for copper and for our other metals due to the anticipated growth of the manufacturing sector worldwide, recovery in American, European, and Asian demand, and the continued Chinese consumption.” “These factors are expected to start a reversal of the upward trend in [...]

The IPO had been scheduled to become the biggest resources float of 2009 before it was delayed and revised down from $214m in December, after about 25 per cent of investors failed to meet their settlement obligations.UK broker Mirabaud Securities, which acted as the UK placing agent on the Q Copper IPO, has denied it [...]

CAPE Lambert’s delayed $174 million float of Q Copper has become the latest IPO to fall over, with the Perth-based miner pulling the float because of “recent adverse market conditions”. The IPO had been scheduled to become the biggest resources float of 2009 before it was delayed and revised down from $214m in December, after [...]

CAPE TOWN – Diversified miner African Rainbow Minerals (ARM) is on track to boost production at its Khumani iron-ore mine by 2012, and was also aiming for Zimbabwe’s platinum sector, its CEO said on Tuesday. ARM was also looking at acquisitions in the rest of the continent and had formed a joint venture with Vale [...]

SUDBURY, ONTARIO — (MARKET WIRE) — 02/02/10 — Xstrata Nickel is pleased to announce that it has successfully renewed a three-year Collective Agreement with the Canadian Auto Workers Sudbury Mine, Mill and Smelter Workers Union Local Union 598, representing production and maintenance employees at its operations in Sudbury. The Agreement was ratified by the Union [...]

LONDON, Feb 02, 2010  - Copper mine production capacity should grow at an average of 4.3% a year to reach 23.1 million metric tons by 2013, and based on existing facilities and announced project developments, mine output should increase by 19%, or 3.6 million tons, in 2013 from 2009, the International Copper Study Group said [...]

* Debt raising programme to strengthen balance sheet * Plans to dispose of all non-core operations (Adds details) JOHANNESBURG, Jan 29 (Reuters) – South African miner Metorex Ltd (MTXJ.J: Quote) said on Friday it had embarked on a $100 million capital raising programme and revised a debt package for its Ruashi copper mine in the [...]

SUDBURY — Six months after most of the Canadian employees of Brazilian miner Vale voted to go on strike, the two sides in the drawn-out labour dispute appear able to agree on only one thing: virtually no progress has been made. On July 11, the more than 3,000 employees at Vale Inco’s mill, smelter, refinery [...]

SHANGHAI, Jan 5 – Shanghai copper is expected to open higher on Tuesday, tracking gains in London prices in the previous session, boosted by upbeat U.S. manufacturing data and a weakness in dollar. FUNDAMENTALS * Three-month copper on the London Metal Exchange MCU3 rose $125 to close at $7,500 a tonne on Monday, and edged [...]

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  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit

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