Copper stocks Articles

Gold / Silver / Copper Prices - Weekly Outlook: October 15 - 19

October 15, 2018 / Staff reporter - This week precious metals traders will see whether gold’s surge higher can be sustained after a rout in global equity markets which coincided with weakness in the dollar bolstered safe haven demand for the yellow metal.On Wednesday investors will get the chance to review the minutes of the Federal Reserve’s September meeting, when it raised rates for a third time this y...Read More

India's renewables to contribute 13% of power generation mix in five years, double the amount today

15 October 2018 / Staff reporter

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.India's renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would s...Read More

Trade war echoes in copper market

15 October 2018 / Staff reporter

Gold, base metals downCapital marketsGiven the invisible hand of a market economy rarely makes a mistake over time, the only explanation of what's happening in copper, where the price and stockpiles have been falling at the same ...Read More

Minto mothballed as sale falls through

15 October 2018 / Staff reporter

Capstone said last week that Minto's mining operations would cease immediately and it would be put on temporary care and maintenance while the company continued to explore "value maximising alternatives" - including discussions with Pembridge, and other potentially interested parties.Pembridge (LSE: PERE) said "extremely challenging" market conditions had made it increasingly difficult to close th...Read More

B.C's historical Kootenay-Boundary district mining region gathers attention

Oct. 14, 2018, 12:09 PM / Valentina Ruiz Leotaud

Non-profit organization Geoscience BC recently published a series of maps and geological data whose main goal is to encourage mineral exploration in the Regional District of Kootenay Boundary in southern British Columbia.Known as the Greenwood area, the site is well established since the 1880s as one of the most prolific areas for the exploitation of gold, silver, copper, lead, and zinc in the wes...Read More

Fed official says rate hikes 'right course' for U.S. monetary policy

October 14, 2018 / Staff reporter

By Sumeet ChatterjeeNUSA DUA, Indonesia, Oct 13 (Reuters) - The U.S. Federal Reserve does consider the impact of interest rate hikes on emerging markets when setting policy, but the increases are the "right course of domestic policy" for the world's largest economy, said a top Fed official on Saturday.The comments by Fed Vice Chair Randal Quarles came as some emerging markets face increa...Read More

DIARY-Emerging Markets Economic Events to Nov 30

October 14, 2018 / Staff reporter

Oct 13 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More

A Looming Bear Market in Stocks? Don't Bet on It

October 14, 2018 / Staff reporter

(Bloomberg Opinion) -- The meltdown in stocks this week that saw the S&P 500 tumble 5.28 percent over the course of two days sparked an outpouring of views on how rising interest rates are bursting a bubble that drove equity prices to unrealistically high levels. Most of this so-called logic is hyperbole. Market corrections, as opposed to bear markets, happen all the time and this one is still...Read More

India's Sept core consumer inflation at around 5.8 pct - analysts

October 13, 2018 / Staff reporter

MUMBAI, Oct 12 (Reuters) - India's core consumer inflation was seen at 5.8 percent in September, compared with around 6 percent in August, four analysts estimated from the inflation numbers released on Friday.India's retail inflation rate INCPIY=ECI slightly picked up to 3.77 percent in September from August's 3.69 percent, government data showed on Friday, lower than the 4.0 percent that analysts...Read More

Biggest Indian lender's chief sees bad loan provision falling after 2 quarters

October 13, 2018 / Staff reporter

By Sumeet ChatterjeeNUSA DUA, Indonesia, Oct 12 (Reuters) - State Bank of India SBI.NS , the country's largest lender, sees its provision for bad loans remaining high for at least the next two quarters, after which it will start softening as it steps up efforts to improve asset quality, its chairman said on Friday.The state-run lender is also seeing a slowdown in "accretion" of new bad loans, Ra...Read More

Top 5 Things to Know in the Market on Friday

October 13, 2018 / Staff reporter - Here are the top five things you need to know in financial markets on Friday, October 12:1. Big Banks Report EarningsResults from three of the four big banks are expected before the opening bell on Friday. Investors are waiting to see whether bank stocks remain a safe haven after the volatile week in the stock market, as JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC) and Citigro...Read More

Gold Prices Fall as Dollar Recovers

Oct 13, 2018 / - Gold prices were lower on Friday as the greenback recovered from a two-week low as inflation pressures eased.Comex gold futures for December delivery fell 0.39% to $1,222.80 a troy ounce as of 8:58 AM ET (12:58 GMT), after recording its largest daily percentage gain on Thursday since June 2016 amid a selloff in equities.Cooling inflation data and rate hike expectations lead to a ri...Read More

UPDATE 1-UK Stocks-Factors to watch on Oct 12

Oct 13, 2018 / Reuters

(Adds company news items and futures)Oct 12 - Britain's FTSE 100 .FTSE index is seen opening 27 points higher at 7,034 with FTSE 100 futures .FFIc1 up 0.51 percent ahead of the cash market open on Friday, according to financial bookmakers.* ASHMORE: Emerging markets-focused fund manager Ashmore ASHM.L said assets under management rose 3 percent in its first quarter, boosted by inflows of client...Read More

UK Stocks-Factors to watch on Oct 12

Oct 13, 2018 / Reuters

Oct 12 - Britain's FTSE 100 .FTSE index is seen opening 27 points higher at 7,034 on Friday, according to financial bookmakers.* ATALAYA MINING: Copper producer Atalaya Mining ATYM.L , AYM.TO , which is backed by Swiss trading giant Trafigura, is looking for a buyer, two banking sources said on Thursday. PATISSERIE VALERIE: The owner of Britain's Patisserie Valerie café chain warned on Thur...Read More

LME Week metals puzzle is how to trade a trade war

Oct. 12, 2018, 10:24 AM / Reuters

LONDON, Oct 12 (Reuters) - Donald Trump didn't make it to LME Week, the annual jamboree of the global metals trading community.But the U.S. president was the hot topic at the myriad seminars, cocktail parties and private meetings across London this week.The industrial metals traded on the London Metal Exchange (LME) have found themselves at the heart of the escalating trade tensions between the Un...Read More

China Sept copper imports jump on scrap crackdown, open arb window

Oct. 12, 2018, 9:49 AM / Reuters

BEIJING, Oct 12 (Reuters) - China's unwrought copper imports surged to their highest in 2-1/2 years in September, while copper concentrate imports climbed an all-time high as the world's top copper consumer's crackdown on scrap leaves it needing other forms of the metal.China's imports of copper, which include anode, refined, alloy and semi-finished copper products, rose 24 percent from August to...Read More

World's top copper producer faces lengthy smelter halt at major mine

Oct. 12, 2018, 8:50 AM / Cecilia Jamasmie

Chile's state miner Codelco, the world's No.1 copper producer, has revealed its smelter at Chuquicamata, its second largest operation by size, will be running at reduced rates until at least the end of the year, as it hurries to complete a planned overhaul ahead of stricter emissions standards coming in effect.Chile's Codelco is in the midst of upgrading its smelter at Chuquicamata, its second lar...Read More

UPDATE 10-Oil falls 3 pct as equity markets drop, inventories climb

October 12, 2018 / Staff reporter

* Wall Street dips again, pulling crude futures down* U.S. crude stocks up by 6 mln barrels -EIA* Gulf of Mexico oil output cut by 40 pct on Hurricane Michael (Updates with settlement prices; adds commentary, market activity)By Stephanie KellyNEW YORK, Oct 11 (Reuters) - Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearis...Read More

UPDATE 1-Indian rupee hits lifetime low, stocks tumble on global markets sell-off

October 12, 2018 / Staff reporter

(Updates with details, adds stocks move, quote)By Swati BhatMUMBAI, Oct 11 (Reuters) - The Indian rupee plumbed new lows and stock markets fell deeper into the red for the year on Thursday, rocked by sell-offs across global markets spooked by escalating global trade tensions and warnings of a growth slowdown.The Indian rupee fell to 74.4850 per dollar levels in early trade, off 0.4 percent on day....Read More

Indian shares plunge 2 pct to 6-month lows amid global meltdown

October 12, 2018 / Staff reporter

* NSE, BSE indexes end about 2.2 pct lower* Sharp sell-off across the globe* HPCL rises over 16 pctOct 11 (Reuters) - Indian shares plunged more than 2 pct on Thursday, at their lowest closing levels since April, mirroring the markets rout across the globe amid rising trade concerns and expectation of rate hikes in the United States.The benchmark BSE index .BSESN closed down 2.19 percent at 34,001...Read More