Copper market a ‘powder keg’ ready to explode, says Friedland
The physical market for copper is “very, very tight and now in deficit”, and with the Federal Reserve rate cut on the horizon, the metal is set to explode this year, said Robert Friedland in an interview with Bloomberg this week.
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Aurubis CEO says he expects strong copper market to continue in 2024
Mining News Pro - A strong copper market with firm demand for copper products is expected to continue in 2024, the CEO of Aurubis AG, Europe’s biggest copper producer, said on Wednesday.
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Copper market is flashing signs of tight supply
Mining News Pro - Copper spreads are spiking in a signal that physical supplies remain tight despite global economic headwinds.
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The copper market is flashing signs of tight supply
Mining News Pro - Copper spreads are spiking in a signal that physical supplies remain tight despite global economic headwinds.
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Visit: 414
BHP sees copper market “take-off” by mid-2020s “if not earlier”
Mining News Pro - After falling to 20-month lows in July, copper fought its way back to the $8,000 a tonne last week on hopes the worst of the slowdown in China was over. But now the bellwether metal is flirting with a bear market again — with a nearly 20% decline so far in 2022.
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Bears tip-toe back into copper market as demand fears grow
Mining News Pro - Copper prices were under pressure Monday morning, with London Metal Exchange three-month metal falling below the $10,000 per tonne level for the first time in a month.
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What happened in Gold and Copper Market last week
Mining News Pro - The copper price fell on Thursday as poor risk sentiment driven by weak corporate earnings pushed the dollar up and Gold fought valiantly, gold fought nobly, gold fought honorably. Despite all this sacrifice, it lost the battle. How will they handle the next clashes?
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No new year resolution for out-of-favour copper market
Mining News Pro - New year but same old problems for Doctor Copper.
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Funds still wary of shorting super tight copper market
Mining News Pro - A slowdown in China’s manufacturing sector is casting an ever larger shadow over the copper market.
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Comet Resources strengthens position in bubbling copper market
Mining News Pro - Comet Resources has finalised the acquisition of several copper assets from Bath Resources in the Northern Territory as prices surge for the base metal.
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Antofagasta chief;
Copper market heading for 200,000-300,000 tonne surplus in 2020
Mining News Pro - The global copper market is headed for a surplus of between 200,000-300,000 tonnes in 2020, the head of miner Antofagasta told Chilean media on Saturday, with operation halts at some mines offsetting depressed demand due to the coronavirus pandemic.
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Global copper market under supplied, demand on the rise
Mining News Pro - Global refined copper consumption will register steady growth over the coming years, driven by demand from the power industry, rising electric vehicle (EV) production and a positive global economic growth outlook, a new copper supply and demand outlook by Fitch Solutions shows.
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The US-China war of war broke out on the copper market
Mining News Pro - Copper import rights are between 5% and 25%. Ore and concentrates of copper, zinc and nickel include a 25% tariff.
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The urgent need for the copper market to supply for the next 5 years
Mining News Pro - Western Metal Copper and Gold CEO Paul West stated: "We do not expect the dynamics of the current copper market to change soon, since nearly six years have passed since the last copper mine that has been exploited.
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