Reuters reported that London copper eased as traders took profits after prices hit a near 2 month top in the previous session but signs of a revival in China's growth and hopes the United States would be able to avoid a fiscal disaster ...
Tags: London, copper, copper price, copper market
ET reported that in range bound movements copper futures traded a shade lower largely in line with a weakening trend overseas. Besides, subdued demand at domestic spot markets also put pressure on the metal prices. At the Multi Commodity ...
Tags: copper market, scrap metal price, trade oil futures, copper futures
According to Antaike Information, with global copper supply set to increase next year Chinese smelters are likely to hold out for higher treatment and refining charges in the face of a low initial offer from BHP Billiton.
Tags: copper supply, copper market, copper industry, Chinese smelter
Business News Americas reported that the average price of copper in 2013 will range between USD 3.5 per lb and USD 3.6 per lb. Mr Andrés Mac Lean VP of Chile's state copper commission Cochilco said that "The price of copper today ...
Tags: average price of copper, copper demand, unstable global panorama
Reuters reported that China's production of refined copper rose in November to a record high for the second straight month as more domestic manufacturers turned to local smelters for supplies that traders said were cheaper than imports. ...
Tags: refined copper, local smelters, smelters, copper industry
ABB, the leading power and automation technology group, received first orders worth USD 51 million under a partnership agreement signed with Kazakhstan’s largest copper producer Kazakhmys PLC to provide comprehensive electrification ...
Tags: ABB, power, automation, copper, copper industry
Reuters reported that London copper was steady and was set to close the week little changed as traders focused on the progress in US talks to avert a looming fiscal crisis while also waiting for a crucial jobs report from the world's ...
Tags: copper, China's industrial production figures, copper contract
Myanmar's reformist government is under fire for its brutal crackdown on peaceful protests against the copper mining project in Monywa, Sagaing Division. The police action which left several monks seriously injured has enraged the Myanmar ...
Tags: copper mining project, crushing resistance, Latbadaung mine
Bloomberg reported that Hebei Iron & Steel Group led a group including Industrial Development Corp of South Africa Ltd in agreeing to buy Rio Tinto Group's Palabora Mining Co Rio will sell the companies a 57.7% stake for USD 373 million. ...
Business Desk reported that Telecommunications network operator Chorus saw its shares plunge 12% at the open of NZX trading following a Commerce Commission a draft decision that would steeply cut what it can charge for access to electronic ...
Tags: copper market, scrap metal price, copper scrap, copper price
Bloomberg reported that Kazakhstan's industrial production increased 0.4% in January through November from a year earlier led by growth in copper output. The state statistics agency said that copper production advanced 7.9% to 332,600 ...
Two Sonobond machines — a SpliceRite™ Ultrasonic Wire Splicer and a SonoWeld® 1600 Ultrasonic Metal Spot Welder — remained operational after a devastating storm demolished the production area of SolaHD's Rainsville, AL ...
BS reported that copper maker Sterlite Industries (India) rose 5.37% to INR 112.80. The stock topped the gainers in the BSE's A group. Metal shares were in demand as copper prices in London and Shanghai hit their highest in almost seven ...
Tags: metal shares, copper prices, copper contract, stock
Reuters reported that Codelco is hopeful about reaching a new labor deal with its union at the massive Chuquicamata mine. Mr Thomas Keller CEO of Codelco said that "We're optimistic. It's a complex negotiation but we're hoping that with ...
Tags: Codelco, copper market, mining industry
North American Nickel Inc announced the discovery of significant values for nickel, copper, cobalt and for the first time the precious metals platinum, palladium and gold on its 100% owned 4,983 Square kilometers Maniitsoq project in ...