Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis generally remained steady but displayed signs of slipping amid persistent weakness in the physical buying interest, market sources said ...
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
Goldman Sachs remains bearish on the outlook for the copper price in 2014, with a target price of $6,200/mt, the investment bank said late Wednesday. "After selling off from $7,450/mt to $6,320/mt in mid-March, driven by Chinese property ...
Tags: Goldman Sachs, Copper Price
The price of copper remains within its expected range despite a recent dip below $3/lb while continued demand from China bodes well for prices over the long term, the CEO of Codelco, the world's largest producer of the red metal, said ...
Tags: copper, copper price
In afternoon New York trade on Thursday May copper changed hands at $2.936 a pound, erasing all of yesterday's strong gains. Earlier in the day the red metal fell as low as $2.913, down more than 2%, after Federal Reserve Chair Janet ...
Tags: copper, red metal, copper price
China's domestic spot prices for copper, aluminum and lead fell around 7% year on year in 2013 on weak demand, the Ministry of Industry and Information Technology said Thursday. Lead posted the largest drop, falling 7.4% year on year to ...
Tags: Copper, Aluminum, Domestic Prices
Chinese spot CIF import premiums for London Metal Exchange-registered brands of copper cathode remained steady amid marginal sideways movements, industry sources said Wednesday Import premiums remained around $200/mt CIF China Wednesday, ...
Tags: copper, copper investment, raw material, refining copper
HSBC has lowered its copper surplus forecasts for 2013 and 2014 and raised its outlook for the average price by 7%, the bank said Thursday. "We have cut our 2013 surplus forecast from 320,000 mt to 38,000 mt and our 2014 [forecast] from ...
Tags: Metallurgy, Mineral, Energy, Copper
The sharemarket has closed higher, led by investors picking up cheaper mining stocks after heavy selling in recent days. At the close today, the benchmark S&P/ASX200 index was up 15.1 points, or 0.29 per cent, at 5180.8. The broader All ...
Macquarie Research has cut its price forecast for several commodities, including copper and gold, due to renewed concerns about future commodities demand as optimism about the global economy erodes. Macquarie Research, a unit of Macquarie ...
Tags: Macquarie Research, Demand Fears
Traditionally, the copper price is as good a guide as any to the progress of the mining sector. It’s a relationship that has worked in the past and did again this year as well, with copper adding 5% over 12 months while the general UK ...
Tags: copper price, mining, UK mining sector, UK
Rox Resources recent rock chip exploration at the Bonya copper project in the Northern Territory is unveiling the extensive high grade nature of the deposit with copper grades of up to 32.9% and new and existing prospects located over 20 ...
Tags: Rox Resources, chip exploration, Bonya, copper project
Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...
Tags: metals, Mining, mining exports, copper miners
Ahead of the first tranche of 9.59% disinvestment of government ownership of 99.59% of Hindustan Copper Limited, India’s only vertically integrated producer of the red metal, the company’s share traded in small lots at up to INR ...
Tags: India, red metal, copper, metal industry, copper price