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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

Strike over pay still ongoing, output not at maximum * Returning workers are contractors, union says * Workers say any output cannot be shipped due to strike * Copper prices at lowest this year (Adds company memo, port comment) By Rieka Rahadiana JAKARTA, Sept 19 (Reuters) – More than a thousand workers have returned to [...]

* U.S. July consumer spending growth at 5-month highs * Strike threat looms at Grasberg copper mine * Coming Up: U.S. consumer confidence 1400 GMT, FOMC minutes 1800 By Susan Thomas LONDON, Aug 30 (Reuters) – Copper rose on Tuesday, helped by data that showed U.S. consumers were willing to spend, especially on cars, suggesting [...]

COPPER futures fell below $US4 a pound for the first time since May as the US credit rating downgrade roused growing risk aversion. Copper fell below $US4 early in the session, as equities and other commodities faced losses following Friday’s after-hours announcement by Standard & Poor’s. The most actively traded contract, for September delivery, settled [...]

Freeport McMoran (NYSE: FCX) opened at $53.88. So far today, the stock has hit a low of $53.27 and a high of $54.20. FCX is now trading at $53.30, down $1.82 (-3.3%). Over the last 52 weeks the stock has ranged from a low of $29.95 to a high of $61.35. FCX shares are under [...]

SHANGHAI, July 12 (Reuters) – Copper drifted down on Tuesday as concerns of supply disruption in Indonesia eased, while continued fears that the euro zone debt crisis would spread to Italy weighed on sentiment. FUNDAMENTALS * Three-month copper on the London Metal Exchange edged down 0.3 percent to $9,545.25 a tonne by 0128 GMT, after [...]

JAKARTA/SANTIAGO, July 6 (Reuters) – Three of the world’s biggest copper mines face strike-related disruptions this week, early signs of a possible resurgence in labor unrest that could strain an already fragile supply pipeline. In Indonesia, a strike for higher pay has paralyzed output at Freeport McMoRan Copper & Gold’s (FCX.N) giant Grasberg mine, workers [...]

About 8,000 workers at the huge Freeport-McMoran copper and gold mine in the Indonesia province of Papua began a seven day strike yesterday. The Reuters news agency reports Freeport saying it’s not anticipating any impact on production at the mine. The workers want to re-negotiate their contract, including a wage rise of up to 3 [...]

(Reuters) – As Chile struggled for two months to rescue 33 miners trapped deep underground last year, it turned to an unlikely tool to help keep them healthy: copper socks. Chile has built its economy on the world’s biggest deposits of copper, a metal known for versatility in a wide range of industrial applications from [...]

July 6  -  The world’s biggest copper producers are warning of looming supply limits at the same time that growing concerns about the global economy leave investors with the largest losses in nine years. While London Metal Exchange futures anticipate prices no higher than $6,519.50 a metric ton through the end of 2011, or 1.2 [...]

June 7  — The copper concentrate market will have a shortfall for three years after miners delayed projects because of lower prices, said Javier Targhetta,Freeport-McMoRan Copper & Gold Inc’s senior vice president of marketing and sales. The deficit will be between 500,000 metric tons and 1 million tons this year, Targhetta said in an interview [...]

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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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