Keyword: "copper price"

Mining News Pro - Copper rallied for a fourth day on Friday, adding to this week’s powerful surge across base metals on hopes for a post-pandemic demand boom.

Mining News Pro - Copper price surged to a fresh two-year high on Friday following positive reports on covid-19 vaccine breakthroughs from Pfizer and Moderna.

Mining News Pro - Copper prices set fresh multiyear highs on Monday over worries about possible supply disruptions following unrest in Peru and optimism about the launch of a Chinese futures contract open to international investors.

Mining News Pro - The copper price on Friday attempted a fresh two-and-half year high, as Chinese smelters scramble to pick up concentrate on the spot market amid a political row between Beijing and Canberra.

Mining News Pro - The copper price was trading at its highest since June 2018 on Tuesday on hopes of a US stimulus package, worries about supply from top producer Chile and robust Chinese economic growth.

Mining News Pro - The copper price was once again within sight of more than two-year highs on Monday and nickel reached an 11-month peak after Chinese data showed growth in the world’s second-largest economy is gathering momentum.

Mining News Pro - Fitch Solutions is making a slight upward adjustment to its 2020 copper price forecast to $6,000/tonne from $5,900/tonne as it expects copper prices to roughly trade sideways for the remainder of the year, the analyst said its latest market report.

Mining News Pro - Copper prices rallied on Friday after predictions that Chinese imports of scrap metal are likely to fall by half, forcing the country to up cargoes of concentrate and unwrought copper, which are already at record levels.

Mining News Pro - Phoenix-based Freeport McMoRan’s iconic Grasberg mine in the Papua province of Indonesia will become an entirely underground operation in a little over a year – nearly doubling copper and gold output in the process.

Mining News Pro - Copper prices pulled back sharply on Monday despite near-record level Chinese imports and dwindling global inventories of the metal.

Mining News Pro - Copper was once again approaching the psychologically important $3 a pound level on Wednesday on the back of falling inventories, booming Chinese demand and pandemic hit supply from South America, the US and Africa.

Mining News Pro - Copper rose above $3 a pound for the first time in more than two years on Wednesday, on the back of falling inventories, a lower US dollar, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.

Mining News Pro - Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.

Mining News Pro - Codelco CEO Octavio Araneda said on Thursday he expects the copper price to hold at around $2.80/lb through 2020.

Mining News Pro - Codelco Chief Executive Officer Octavio Araneda said on Thursday he expects the copper price to hold at around $2.80 per pound through 2020.

Mining News Pro - Copper futures prices rebounded sharply on Monday on the back of a surge in Chinese imports of the metal widely used in industry and construction.

Mining News Pro - Copper prices have continued their resurgence, finishing yesterday’s trading on the London Metal Exchange worth $US6112.50 ($8781) a tonne.

Mining News Pro - Industrial metals fell back on Friday as warnings about rising tensions between the world’s two largest economies overshadowed a massive economic stimulus announced by Beijing, the world’s top commodities consumer.

Mining News Pro - Copper jumped on Thursday after a rebound in Chinese imports of the metal indicated the country’s manufacturing and construction sector may be emerging faster than anticipated from the covid-19 slump.

Mining News Pro - Industrial metals fell back on Tuesday after a collapse in oil prices rattled markets and convinced traders that global demand destruction for commodities may be worse than feared.

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