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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

Copper prices rose more than 2 percent on Friday as a weaker US dollar made metals cheaper for non-US investors and encouraged funds to buy.The euro rose against the yen on short-covering in the wake of its slide to a one-year low against the Japanese currency on Thursday, while the dollar was supported against the [...]

SANTIAGO, Feb 25 – Chile’s Codelco, the world’s top copper producer, increased copper output 16 percent to 1.7 million tonnes in 2009 as it forged ahead with heavy investments during the global slump. That marked the end to four consecutive years of dwindling output as lower grades at aging mines and labor strikes hit output [...]

* Jan. copper export revs surge with metal price * Peso jumps 1 percent following the data SANTIAGO, Feb 15 (Reuters) – Chile’s copper export revenues CLCOPX=ECI more than doubled in January to $3.373 billion, the central bank said on Monday, lifted by a recovery in copper prices and boosting the local peso. The value [...]

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 [...]

TOKYO, Jan 21  - Japan’s top copper producer has settled on 2010 processing fees with BHP Billiton Plc/Ltd (BHP.AX: Quote, Profile, Research)(BLT.L: Quote, Profile, Research), setting the industry benchmark for the year, the head of Nippon Mining & Metals Co Ltd said on Thursday. BHP has agreed to treatment and refining charges of $46.5 a [...]

Poland has sold 10 percent of KGHM (KGHM.WA: Quote), Europe’s second biggest copper producer, for some $720 million, riding a buoyant metals market as it embarks on an ambitious plan to raise at least $8.8 billion from privatisations in 2010. The shares changed hands on Friday in off-market transactions at 103 zlotys each, Reuters data [...]

NEW YORK/LONDON – Copper rose to 16-month highs on Wednesday, with New York prices hurdling above the $3.50 per lb level, after upbeat manufacturing and auto sales data this week added to indications of economic improvement and raised prospects for better industrial metals demand. Aluminium rallied on supply concerns as harsh cold weather hit parts [...]

Santiago, Dec 31, 2009 (EFE via COMTEX) — Chilean state-owned mining giant Codelco reduced the size of a proposed bonus Thursday in its latest contract offer to workers in the company’s northern division, who promptly rejected the bid. In their second assembly this week, the miners set 5:00 a.m. Monday as the starting time for [...]

Union representatives for Codelco’s Chuquicamata copper miners in Chile said last-minute contract talks broke down, ending an effort to head off a Jan. 4 strike. Negotiations resumed today, the last day of the current contract, according to union official Miguel Lopez. A company spokeswoman, who declined to be named because of company policy, confirmed that [...]

LONDON – Kazakh copper producer Kazakhmys said it has secured a loan of up to $2,7-billion from China Development Bank and Kazakh state welfare fund Samruk-Kazyna to develop its growth projects. Most of the loan, about $2-billion, will fund the development of the Boschekul copper project in northern Kazakhstan, which could produce 12,5-million tons of [...]

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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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