Copper strengthened by 0.87% to Rs 418.10 per kg in futures trade today as speculators indulged in building up fresh positions, taking positive cues from global markets. At the Multi Commodity Exchange, August copper rose by Rs 3.60, or 0.87%, to Rs 418.10 per kg, with a business turnover of 4,953 lots. Click here 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 [...]

London: Copper fell for a fourth day in London yesterday, on course for the biggest monthly drop since December 2008, as commodities and equities slid after Standard & Poor’s cut the US credit rating. Tin reached an 11-month low. Zinc and crude oil paced declines as the S&P GSCI Spot Index of raw materials retreated [...]

MUMBAI (Commodity Online): Copper futures in India declined in unison with weak London Metal Exchange. Meanwhile, copper for three-month delivery fell 1.3% to $9,230.25 a tonne on the London Metal Exchange. At MCX Copper August contract is currently trading at Rs.413.50 per Kg, lower by 1.38 against the previous close. In the earlier session the [...]

ET reported that Indian copper prices rose by INR 1.25 to INR 434.25 per kilogram in futures trade as speculators enlarged their positions on the back of a firming global trend. Trading sentiment turned better after demand for copper in China, the world’s biggest user, rose by 8% this year, depleting global supplies and boosting [...]

SHANGHAI, July 15 (Reuters) – London copper edged up on Friday, as the dollar weakened after Standard and Poor’s warned there was a one-in-two chance it could cut the U.S. credit rating if no deal was reached on raising the government’s debt ceiling. FUNDAMENTALS * Three-month copper on the London Metal Exchange edged up 0.2 [...]

SHANGHAI, July 14 (Reuters) – London copper steadied on Thursday, supported by a retreating dollar and the possibility of more Federal Reserve stimulus, but Moody’s warning on U.S. credit rating checked gains. Three-month copper on the London Metal Exchange edged up 0.3 percent to $9,675 a tonne by 0334 GMT after ending almost flat previously. [...]

VANCOUVER, BRITISH COLUMBIA, Jul 13, 2011 (MARKETWIRE via COMTEX) — Mr. David Patterson, Chairman of Donner Metals Ltd. (tsx venture:DON)(frankfurt:D4M), reports that the Company has entered into a Metal Purchase Agreement with Sandstorm Metals & Energy Ltd. CA:SND -11.86% (“Sandstorm,”). Under the terms of the Metal Purchase Agreement, Donner will receive an upfront purchase deposit [...]

SANTIAGO (Dow Jones)–Chile’s peso ended mildly stronger versus the dollar Tuesday as international copper prices regained some lost ground, although continued worries about euro zone debt contagion kept the local currency from gaining further. The peso ended at CLP466.90 to the dollar, versus Monday’s close of CLP467.20, while trading in a range of CLP466.60 to [...]

The copper market has been rattled by an increase in worker uprisings, as employees are, once again, demanding increased wages and job stability as they see their companies rake in profits due to relatively high copper prices. In June and July, workers staged walk-outs in both Indonesia and Chile. The most recent walk-out impacted all [...]

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