Copper stocks Articles

Gold Prices Slide as Dollar Gets a Bid

Apr 21, 2018 / Investing.com

Investing.com - Gold prices headed lower on Friday as a rebound in the dollar put downward pressure on the precious metal.Comex gold futures fell $10.60, or around 0.8%, at $1,338.20 a troy ounce by 10:26AM ET (14:26GMT).With geopolitical tensions fading into the background, a 0.6% rise in the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six m...Read More

Metals Cap Turbulent Week as Rusal Sanctions Fuel Supply Fears

Apr 21, 2018 / Bloomberg

(Bloomberg) -- After two weeks of extraordinary trading, investors are taking stock of the fallout from U.S. sanctions against Russia’s United Co. Rusal.Aluminum and nickel surged this week as global supply chains were disrupted by the sanctions. Major shipowners and Japan’s buyers are among the latest to cut dealings with Rusal, the world’s biggest aluminum maker outside of Chin...Read More

Gold Prices Add to Weekly Losses in Range-Bound Trade

Apr 21, 2018 / Investing.com

Investing.com - Gold prices continued the downward trend on Friday, adding to small weekly losses in relatively static trade.Comex gold futures fell $5.30, or around 0.4%, at $1,343.50 a troy ounce by 4:07AM ET (8:07GMT).With geopolitical tensions fading into the background, the precious metal was on track for weekly losses of just 0.3% and is off just 0.2% so far in April in what has been a large...Read More

Cochilco forecasts Chile's 2018 copper output up 4.3 pct

Apr. 20, 2018, 9:32 AM / Reuters

SANTIAGO, April 20 (Reuters) - Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018, up 4.3 percent from 2017, while estimating copper prices at $3.06 per pound this year.The projections follow a difficult year for the world's top copper producer in 2017, after workers at BHP's Escondida copper mine, the world's largest, walked...Read More

Copper Investing - Copper Stocks, Mining Companies, Prices and News

Apr 20, 2018 / Staff reporter

ProducerTop Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %Wesizwe PlatinumJSEWEZZAR0.490.0613.95Avino Silver & Gold MinesTSXASMCAD1.950.2212.72PolymetalLSEPOLYGBP6.980.7511.96Acacia MiningLSEACAGBP1.550.1611.65African Rainbow MineralsJSEARIZAR105.308.809.12Top Decliners$(document).ready(function() { $('.ChangePe...Read More

Join us at Asia Metals Seminar in Hong Kong

Apr 20, 2018 / Staff reporter

Join us at SMM’s Asia Metals Seminar during LME Asia week, co-hosted with Hong Kong Exchanges and Clearing Limited (HKEX) and Bloomberg, on Tuesday May 15.The event features global industry leaders who will share their perspectives on a range of topics including EV metals, battery materials, and base metals outlook amid supply volatility. The rising importance of index would also be discusse...Read More

Gold Prices Tick Higher as Dollar Slips; Eyes on Talks with North Korea

Apr 20, 2018 / Investing.com

Investing.com - Gold prices moved higher on Thursday, supported by weakness in the dollar and concerns over the eventual U.S.-North Korea summit.Comex gold futures gained $1.30, or around 0.1%, at $1,354.80 a troy ounce by 4:18AM ET (8:18GMT), while the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slipped 0.03% to 89.32.A...Read More

UPDATE 1-UK Stocks-Factors to watch on April 19

Apr 20, 2018 / Reuters

(Adds company news items and futures)April 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points higher at 7,323 on Thursday, according to financial bookmakers, with futures FFIc1 up 0.12 pct ahead of the cash market open.* UNILEVER: Unilever ULVR.L , the Anglo-Dutch consumer goods giant, reported first-quarter sales that met expectations, helped by volume gains, and maintained...Read More

UK Stocks-Factors to watch on April 19

Apr 20, 2018 / Reuters

April 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points higher at 7,323 on Thursday, according to financial bookmakers.* BHP BILLITON: BHP Billiton BLT.L cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly raising its copper output expectations given higher production at the Escondida mine. ASTRA...Read More

Adam Hamilton: Gold Nearing Bull Breakout

Apr 20, 2018 / Adam Hamilton

Gold remains largely forgotten, off the radars of most investors. But that's likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors' interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a couple mode...Read More

Video: Bonterra Resources (TSX-V: BTR) Reports Gold Recoveries of up to 99.4 per cent

Apr 20, 2018 / Nicholas LePan

MiningFeeds previously wrote about Bonterra Resources (TSX-V: BTR) and its Gladiator Gold Project in Quebec. The company has steadily advanced through an extensive resource development program expand and define its geological resource model for an updated 43-101 Mineral Resource technical report that will likely prove to be significantly larger than its dated 2012 resource estimate. In 2012, usin...Read More

Enforcer looks to rediscover Montalembert spark

20 APRIL 2018 / Staff reporter

President and CEO Steve Roebuck said this week the 18 core holes (for 1,749m) drilled on OR79 in February-March this year confirmed two north-south trending mineralised corridors defined by the presence of multiple 0.3-1m-wide mineralised intersections grading up to 5.09 grams per tonne gold over 0.65m.Enforcer reported the mineralised intersections were primarily hosted in weakly to strongly shea...Read More

IronRidge concludes Ghana lithium JV

20 APRIL 2018 / Staff reporter

The agreement will give it access to the Saltpond and Cape Coast lithium projects in Ghana, which include 645sq.km of prospective lithium targets that should complement IronRidge's lithium portfolio in neighbouring Cote D'Ivoire.Read More

SMM Evening Comments (Apr 20)

Apr 20, 2018 / Staff reporter

SHANGHAI, Apr 20 (SMM) – The nonferrous metals saw bleak performance today expect for SHFE tin. Nickel led a loss of 3%, aluminium dropped over 2%, copper slid close to 1%, with lead and zinc dipping.The ferrous complex fell across the board with coking coal leading a loss of over 2%. Coke lost 1.7%, rebar dropped over 1%, iron ore edged down close to 1%, with hot-rolled coil down slightly.C...Read More

ECR adds to Victoria gold licences with Creswick

20 APRIL 2018 / Staff reporter

The project's exploration licence, which expires on December 28, 2021, was transferred to ECR by the previous owner for no payment.ECR did not give details as to who the previous owner was or why the licence had been transferred, but said there was no profit or turnover attaching to the asset and no book value at acquisition.The project is considered highly prospective for gold mineralisation host...Read More

Yangshan copper premiums climb on rising demand

Apr 20, 2018 / Staff reporter

SHANGHAI, Apr 20 (SMM) – Yangshan copper premiums have continued to climb since the start of 2018, staying at levels higher than the benchmark of $75/mt for the most part.Offers with warehouse warrants were heard offered above $90/mt, SMM learned.This is because a tighter copper scrap supply has boosted consumption of imported copper cathode, as the import arbitrage window was open for a lon...Read More

Bond offering adds to Nemaska's Whabouchi pot

20 APRIL 2018 / Staff reporter

The fundraising is part of an overall US$775-825 million financing structure announced in March to build the project.Read More

Data: SHFE, DCE market movement (Apr 20)

Apr 20, 2018 / Staff reporter

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Wolf and GRES end dispute

20 APRIL 2018 / Alex Hamer

But, in a happy coincidence, the estimated cost of fixing the problem is the same as the performance bond, and Wolf says fellow ASX company GR Engineering Services has agreed to cover it.Read More

SMM Morning Comments (Apr 20)

Apr 20, 2018 / Staff reporter

SHANGHAI, Apr 20 (SMM) –Copper: As most base metals went down overnight, LME copper dipped from highs to close at $6,962/mt. Technically, it remained above the 60-day moving average and touched the upper Bollinger Band. SHFE copper hit the 40-day moving average above with the five- and 10-day moving average rising. We expect LME copper to trade at $6,930-6,980/mt and SHFE 1805 at 51,200-51,7...Read More