Bullish copper may run out of steam
As the metal closes in on $10,000 per tonne, analysts are questioning if there is still room for copper to move.
African Eagle shares oversubscribed
African Eagles resources says a placing of 23.86 million new ordinary shares in London was oversubscribed.
Metorex H1 copper output up by 5pct
Junior miner Metorex says that during the six months ending in December 2010, its copper production increased 5% to 26 358 tonnes, while its cobalt production increased by to 2 021 tonnes.
Higher demand outlook aids copper rally
Copper is continuing its record-breaking run, buoyed by positive manufacturing data from around the world.
Copper continues record rally
Copper futures are rallying on the first day of trade of the New Year, extending 2010's 33% gains on expectations of sustainable growth in top metal consumer China.
Copper prices bode well for Zambia
The high copper price will bring further hefty investment into the sector in Zambia, says the head of the body representing foreign miners.
Copper hits fresh high
Copper has risen to a record high of $9,437.50 per tonne, fuelled by a supply-bottleneck in Chile.
Copper soars to record on ETF buys
Copper prices have charged to an all-time high as shipment delays and robust prospects further fuelled demand from investors, who have started buying into a new exchange fund.
JP Morgan denies LME copper ‘buy-out’
US investment bank JPMorgan says it does not hold more than 90% of copper stock warrants in London Metal Exchange warehouses, but has declined to comment on whether it has a smaller position.
Copper to outperform base metals – Goldman
Metals prices will diverge to follow their own fundamentals during 2011 as emerging market economies drive ahead and demand recovers in developed nations, says Goldman Sachs.