Copper stocks Articles

Forex - Weekly Outlook: October 8 - 12

October 08, 2018 / Staff reporter

Investing.com - With a fairly light week on the economic calendar investors will continue to monitor the effects of rising U.S. government bond yields on markets, when U.S. bond markets reopen on Tuesday after Monday’s Columbus Day holiday.Concerns over Italy’s rising debts and strains in emerging markets will also remain in focus as markets continue to digest Friday’s mixed U.S....Read More

Gold / Silver / Copper Prices - Weekly Outlook: October 8 - 12

Oct 08, 2018 / Investing.com

Investing.com - A stronger U.S. dollar and rising U.S. government bond yields could represent a significant headwind for gold this week despite Friday’s gains, as the precious metal’s inverse relationship to the greenback continues to offset safe haven demand.With a fairly light week on the economic calendar investors will continue to monitor the effects of rising U.S. government bond...Read More

Zambia says open to dialogue with miners over tax increases

Oct 08, 2018 / Reuters

LUSAKA, Oct 7 (Reuters) - Zambia's Finance Ministry said on Sunday that it was open to dialogue with mining companies over the government's plans to increase mining taxes.Africa's second-largest copper producer said late last month that it would introduce new mining duties and increase royalties to help bring down mounting debt. miners such as First Quantum FM.TO , Glencore GLEN.L and Vedanta R...Read More

Strong macro headwinds provide a mixed outlook for mined commodity markets

08 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.This article first appear in Forbes on Oct 7, 2018. After a positive start to 2018, growing trade tensions have raised concerns over global economic growth, while tightening global liquidity is having an adverse effect on many em...Read More

Pulling the handbrake on the electric vehicle revolution?

08 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.There is no doubt that the electric vehicle (EV) revolution is underway. Every top global auto manufacturer has outlined EV plans to 2050. And government targets to ban the internal combustion engine are becoming more aggressive. Can...Read More

Metals demand a net winner

08 October 2018 / Staff reporter

Gold, base metals downCapital marketsCopper's bounce from a trade-war-triggered low of US$2.62 a pound in early August to $2.84/lb last week is a pointer to increased buying interest, perhaps by bargain hunters but also because t...Read More

Pulling the handbrake on the electric vehicle revolution?

08 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.There is no doubt that the electric vehicle (EV) revolution is underway. Every top global auto manufacturer has outlined EV plans to 2050. And government targets to ban the internal combustion engine are becoming more aggressive. Can...Read More

Pulling the handbrake on the electric vehicle revolution?

08 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.There is no doubt that the electric vehicle (EV) revolution is underway. Every top global auto manufacturer has outlined EV plans to 2050. And government targets to ban the internal combustion engine are becoming more aggressive. Can...Read More

Pulling the handbrake on the electric vehicle revolution?

08 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.There is no doubt that the electric vehicle (EV) revolution is underway. Every top global auto manufacturer has outlined EV plans to 2050. And government targets to ban the internal combustion engine are becoming more aggressive. Can...Read More

Pulling the handbrake on the electric vehicle revolution?

08 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.There is no doubt that the electric vehicle (EV) revolution is underway. Every top global auto manufacturer has outlined EV plans to 2050. And government targets to ban the internal combustion engine are becoming more aggressive. Can...Read More

Zambia says open to dialogue with miners over tax increases

Oct. 7, 2018, 8:11 AM / Reuters

Zambia's Finance Ministry said on Sunday that it was open to dialogue with mining companies over the government's plans to increase mining taxes.Africa's second-largest copper producer said late last month that it would introduce new mining duties and increase royalties to help bring down mounting debt.Large miners such as First Quantum, Glencore and Vedanta Resources have often criticised the Zam...Read More

DIARY-Emerging Markets Economic Events to Nov 30

October 07, 2018 / Staff reporter

Oct 6 (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

UPDATE 2-U.S. actively considering waivers on Iran oil sanctions

October 07, 2018 / Staff reporter

(Adds background on National Security Adviser Bolton)By Timothy GardnerWASHINGTON, Oct 5 (Reuters) - The Trump administration is actively considering waivers on sanctions it will reimpose next month for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.The administration withdrew from a deal over Tehran's nuclear program in May and is unilaterally...Read More

India may be forced to delay Axis Bank stake sale - ET

October 07, 2018 / Staff reporter

NEW DELHI, Oct 6 (Reuters) - India may be forced to delay selling its stake in Axis Bank Ltd AXBK.NS because of a weak stock market, The Economic Times newspaper reported on Saturday, citing unnamed market sources and an investment banker aware of the development.India was planning to raise 70 billion rupees ($950 million) by selling 4 percent of its stake in Axis Bank by early November, the new...Read More

UPDATE 3-India surprises by leaving policy rate unchanged, rupee tumbles

October 06, 2018 / Staff reporter

* Analysts stunned, expect at least 50 bps more rate hikes* Rupee loses as much as 0.88 pct to fall to record 74.23/dlr* RBI cuts June 2019 inflation projection, retains growth estimate (Updates to add details, quotes)By Swati Bhat and Suvashree ChoudhuryMUMBAI, Oct 5 (Reuters) - The Reserve Bank of India held interest rates unchanged on Friday, condemning the rupee to a record low and surprising...Read More

UPDATE 13-Oil prices mark weekly gain ahead of Iran sanctions

October 06, 2018 / Staff reporter

* Oil notches weekly gain after hitting 4-year highs* Jefferies bank warns of record low spare capacity* U.S. drillers cut rigs for third week in a row -Baker Hughes (Adds CFTC data, commentary, paragraphs 9-13)By Stephanie KellyNEW YORK, Oct 5 (Reuters) - Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead o...Read More

RPT-COLUMN-Oil prices enter the danger zone for consumers: Kemp

October 06, 2018 / Staff reporter

(Repeats with no changes. John Kemp is a Reuters market analyst. The views expressed are his own)By John KempLONDON, Oct 4 (Reuters) - Crude oil prices continue to climb despite attempts by oil producers to reassure the market about availability and the existence of enough spare capacity to offset oil lost as a result of U.S. sanctions on Iran.Recent price moves bear a strong resemblance to previo...Read More

Gold Prices Rise as Dollar Falls After Jobs Report

Oct 06, 2018 / Investing.com

Investing.com - Gold prices rose on Friday as the greenback pared back earlier gains after September’s payroll numbers came in lower than expected.Comex gold futures for December delivery rose 0.52% to $1,207.80 a troy ounce as of 10:20 AM ET (14:20 GMT),.The U.S. economy created fewer jobs than expected in September, but unemployment reached a 48-year low, indicating the economy was nearing...Read More

Waterton urges Hudbay acquisition moratorium

06 October 2018 / Staff reporter

PolarX points to upsideSPONSOREDpolarx ltdTwo funds managed by private equity firm Waterton Global Resource Management, that together hold 4.8% of Hudbay, expressed concern over the company's poor track record of execution at its trio o...Read More

Battle lines drawn for London Metal Exchange

Oct. 5, 2018, 9:40 AM / Reuters

LONDON, Oct 5 (Reuters) - The great and the good of the global metals industry are descending on London, making their annual pilgrimage to the London Metal Exchange's LME Week jamboree.They do so because the 141-year-old market sets the world's reference prices for everything from aluminium to zinc. And away from the many seminars and cocktail parties, metal producers, traders and users will meet...Read More