Copper Chart have recently tested five year lows; current quotes are around $1.56/lb. Once Ruashi is at full production, Metorex would probably need a ...
Debt reduction key, says new Metorex CEO Goodlace Creamer Medias Mining Weekly
Analysts said part of the reason for the Chinese buying, was that copper prices in Shanghai trade at higher prices than on the NYMEX. Warrants have been ...
Poor GDP numbers put a dent in coppers rally Copper Investing News
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The Price of Copper futures rose for a second day straight to hit its highest level in 3-months, tracking firm overseas leads, but a strong rupee kept the upside restricted to a limit. The most-active August copper traded at 0.39 percent higher at Rs 336.70 per kg at 06:06 pm, after hitting a high of Rs 338, a level last seen in late April. The contract gained 1.2 percent in the last session. LME copper prices rose more than 1 percent as gains in global equities and a weaker dollar re-ignited risk appetite and overshadowed recent worries over the US economic recovery. LME copper price at 1210 GMT traded at $7,226 a tonne in official midday rings from a close of $7,165 on Wednesday. Earlier, the metal hit a near three-month high of $7,267.
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