Tag Archives: Copper

Finance deals put growing mountains of metal out of reach

LONDON, Feb 21 (Reuters) – The world’s warehouses are packed with ever more metal like copper that industrial users think they can use if needed, but they could suffer costly surprises: big financial firms have other plans for the material.

http://www.reuters.com/article/2013/02/21/metals-stocks-squeeze-idUSL5N0B8BXE20130221

Rio Tinto considers restarting Papua New Guinea copper mine

Rio Tinto is looking into restarting its Panguna mine in Papua New Guinea, one of the world’s largest sources of copper and gold.

http://www.reuters.com/article/2013/02/07/riotinto-australia-bougainville-idUSL4N0B72ZC20130207

Copper in London Gains Most in a Month on China Demand

Copper in London jumped by the most in almost a month on expectations that a recovering Chinese economy will boost demand from the largest user. Aluminum, zinc, lead, nickel and tin also advanced.

http://www.bloomberg.com/news/2012-12-27/copper-in-london-gains-most-in-a-month-on-china-demand.html

 

Xstrata mine in Philippines set back to 2019

MANILA, Philippines—Swiss mining giant Xstrata has set back the commercial production of its $5.9-billion project in the Philippines to 2019 due to problems with security and the government, the company said Wednesday.

http://business.inquirer.net/97991/xstrata-mine-in-philippines-set-back-to-2019

 

METALS-Copper holds near four-month peak ahead of Fed decision

LONDON, Sept 13 (Reuters) - Copper hovered on Thursday near four-month highs hit in the previous session as investors awaited the outcome of a U.S. Federal Reserve meeting that was expected to unleash fresh monetary stimulus measures.

http://www.reuters.com/article/2012/09/13/markets-metals-idUSL3E8KD3U020120913
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