Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...
Tags: copper market, copper price, global economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
Reuters reported that Base metal demand in India is likely to remain buoyant next week on a surge in construction activities during the winter season. However, due to an expected decline in automobile sales in December, demand for lead ...
Tags: metal demand, construction activities, automobile sales
First Quantum Minerals Limited offered USD 4.9 billion to acquire Inmet Mining Corporation a bold declaration from one of Canada's largest copper miners that the commodities supercycle has room to run. Inmet rejected the bid describing it ...
Tags: jobs in mining, copper mining news, mining gold, price for gold
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
Columnist Amine Bouchentouf is a partner at Parador Capital LLC, an institutional advisory firm focused on commodities and emerging markets. He is the author of the bestselling Commodities For Dummies, published by Wiley. Amine is also the ...
Tags: Market View, copper, bronze, raw material