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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

China plans to cash in on the soaring copper price by using its substantial reserves to snap up global assets while prices are low. Lu Youqing, vice-president of Aluminium Corp of China (Chinalco), said that the state-owned group was studying worldwide copper resources to identify the best investment opportunities. “Copper is our next main development [...]

LONDON – With gold starting the first full working week of the New Year on a positive note in Europe, after a few stutters in Asian markets, analysts will be looking to see what happens in New York later today. In the light pre-Christmas and New Year markets it tended to be U.S. selling which [...]

* Index re-weighting to still have positive impact   * Copper inventories rise to highest since April   (Recasts, adds comments/details, changes dateline from SHANGHAI)   By Michael Taylor   LONDON, Jan 4  – Copper rose almost 2 percent to a 16-month high on Monday, building on gains of about 140 percent last year, on [...]

* Workers at Chuquicamata complex begin strike at 0800 GMT * Top producer Codelco says can honor deliveries for now * Short strike seen most likely scenario * Workers at Altonorte smelter near deal to end strike * Copper price hits new 16-month high  CALAMA, Chile, Jan 4  – Workers at Chile’s Chuquicamata, the world’s [...]

London copper prices rallied almost 3 percent to a 16-month peak on Tuesday after the Christmas break, chasing gains made in Shanghai over the holiday period. Strike votes at two large Chilean copper operations, Codelco’s Chuquicamata mine and Xstrata PLC’s Altonorte smelter, are seen lifting sentiment as the year grinds to a close and investors [...]

SAYS RUASHI MINE PRODUCED 2,491 TONS OF COPPER AND 258 TONS OF COBALT FOR THE month of November 2009   SAYS COPPER PRODUCTION AT RUASHI DECREASED MARGINALLY TO 2,491 TONS FOR THE MONTH OF NOVEMBER 2009 WHEN COMPARED TO THE OCTOBER 2009 PERFORMANCE  SAYS SIGNED CONTRACTS FOR 16,200 T OF COPPER AT A STRIKE PRICE [...]

Q Copper yesterday extended the closing date of its initial public offering (IPO) until February next year after it was forced to delay the float earlier this week because of a key investor withdrawal. The Cape Lambert Resources vehicle said it has also resolved to reduce the minimum raising under the IPO to $164.5 million [...]

THE gold bugs and the silver freaks think they’ve had a great year – but nothing like the ride they would have got punting on copper futures. Copper for three month delivery closed on December 24 last year at $US2845/tonne. Last night a similar contract was trading at $US6895/tonne. And, of course, it has been [...]

NEW YORK, Dec 15 2009 – U.S. copper futures ended lower on Tuesday, under pressure from a stronger dollar and mixed economic data that limited price movement ahead of a Federal Reserve policy meeting and accompanying statement on Wednesday. For detailed report on global copper markets, click on [MET/L] * Benchmark copper for March delivery [...]

Australia slashed its forecasts for copper production and exports for fiscal 2010, blaming disruptions at BHP Billiton’s giant Olympic Dam mine for what would be the nation’s lowest output in a decade. Production from the mine – the world’s fourth largest copper deposit – may drop by up to 70 000 t before repairs to [...]

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• Recent Posts

  • 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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