Copper traded near $10,000 a ton, hitting a new two-year high on its way, as investors continue to pile in on a bet that miners will struggle to service a surge in demand for the bellwether industrial metal.

Monday, April 22, 2024 - 22:32:16

Visit: 50

Copper traded near a 15-month high as supply concerns and brighter demand prospects triggered a slew of bullish calls on the market.

Tuesday, April 9, 2024 - 23:04:16

Visit: 62

Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter supply and hopes for a recovery in Chinese demand.

Monday, April 8, 2024 - 21:37:51

Visit: 70

Copper rallied back above $9,000 a ton as investors weighed upbeat factory data from top consumer China and the potential for output cuts by the country’s leading smelters.

Tuesday, April 2, 2024 - 19:39:17

Visit: 71

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut.

Wednesday, March 13, 2024 - 22:20:21

Visit: 58

Copper extended a weekly gain, with some analysts predicting that the market could soon turn decisively higher as bearish investors are forced to unwind heavy bets against the metal viewed as a global economic bellwether.

Friday, February 16, 2024 - 21:22:04

Visit: 103

The state-run Chilean Copper Commission (Cochilco) said on Monday it was raising its projections for 2024 copper prices to $3.85 per pound, up from $3.75.

Tuesday, January 16, 2024 - 23:04:43

Visit: 129

Mining News Pro - Copper prices need to nearly double in order to prompt mining companies to build costly mines to meet rising demand for critical materials, according to billionaire Robert Friedland.

Friday, December 15, 2023 - 23:22:00

Visit: 57

Mining News Pro - Mine closures and disruptions have rapidly changed the landscape for copper supplies and prompted analysts to lower their forecasts for surpluses in a positive signal for prices of the industrial metal.

Sunday, December 10, 2023 - 22:11:26

Visit: 103

Mining News Pro - Copper futures rose 0.3% to $8,162.50 as of 11:03 a.m. in New York.

Friday, November 10, 2023 - 18:34:33

Visit: 119

Mining News Pro - Copper miner Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, but said it would slow expansion plans due to inflation and slumping prices for the red metal used across the global economy.

Friday, October 20, 2023 - 13:14:21

Visit: 117

Mining News Pro - The copper price rose on Friday after Beijing delivered a boost for China’s property sector, while a private survey pointed to a pick-up in the country’s manufacturing sector.

Friday, September 1, 2023 - 22:24:33

Visit: 153

Mining News Pro - Copper headed for a third straight weekly loss — tracking a broad slide in global risk assets — as concerns about China’s economy and widening housing crisis put markets in bearish mood.

Monday, August 21, 2023 - 18:15:16

Visit: 191

Mining News Pro - Copper headed for a third straight weekly loss — tracking a broad slide in global risk assets — as concerns about China’s economy and widening housing crisis put markets in bearish mood.

Friday, August 18, 2023 - 22:13:43

Visit: 165

Mining News Pro - Copper prices fell on Friday after data demonstrating the sluggish nature of China’s post-pandemic recovery.

Friday, August 11, 2023 - 21:52:07

Visit: 187

Mining News Pro - Chilean miner Antofagasta (LON: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the world’s transition to a greener economy.

Thursday, August 10, 2023 - 22:12:09

Visit: 142

Mining News Pro - Copper hit a three-month high as it headed for its biggest monthly advance since January, supported by growing optimism over Chinese demand and mounting supply risks in Chile.

Wednesday, August 2, 2023 - 00:28:54

Visit: 207

Mining News Pro - The Chilean Copper Commission (Cochilco) on Wednesday lowered its forecast for the average copper price in 2023 to $3.85 per pound amid doubts about international economic performance.

Thursday, July 27, 2023 - 16:50:04

Visit: 128

Mining News Pro - A fall in copper prices is having an outsized impact on small and mid-sized miners, forcing many to cut output, and some are now open to raising funds from new investors to ride out the current downtrend, several company executives told Reuters.

Monday, July 24, 2023 - 23:08:36

Visit: 235

Mining News Pro - The copper price rose on Friday after a surprise boost in Chinese factory activity lifted hopes for improved demand.

Friday, June 2, 2023 - 11:26:22

Visit: 196

Mining News Pro - The copper price rose on Wednesday after better-than-expected manufacturing activity data from China underpinned demand hopes.

Thursday, March 2, 2023 - 15:58:41

Visit: 172

Mining News Pro - Copper price rose on Thursday as the dollar weakened and investors looked ahead to an expected revival in demand in China.

Thursday, February 16, 2023 - 22:21:14

Visit: 204

Mining News Pro - The copper price retreated on Wednesday as weak demand offsetted speculative bets that the end of China’s Covid Zero policy will reignite growth.

Thursday, February 2, 2023 - 12:01:27

Visit: 217

Mining News Pro - Copper price fell for a second day on Wednesday, weighed down by a stronger dollar and the absence of China, where markets are closed for a week-long Lunar New Year holiday.

Wednesday, January 25, 2023 - 23:35:40

Visit: 227

Mining News Pro - The copper price rose on Wednesday to its highest levels since June as speculators bet that low inventories and rising Chinese demand will lift prices.

Wednesday, January 18, 2023 - 14:34:54

Visit: 147