Copper Stock Articles

Electric Vehicles - transportation disruptor, part 2

31 July 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.We explored how the market for EVs might develop in part 1. This week Ed Rawle, Head of Oils Research, chats about the implications for global oil demand.So Ed, straight to the point - how much oil demand will EVs displace?Around 5 to...Read More

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Electric Vehicles - transportation disruptor, part 2

31 July 2018 / Staff reporter

Brazil studying auction of rights to six unexplored mining areas in 2019

Jul. 30, 2018, 4:18 PM / Reuters

Brazil's geological service is studying auctioning off mining rights in 2019 to six previously unexplored areas that have significant potential output of copper, gold, phosphate and other minerals, the head of the organization told Reuters on Monday.The geological service CPRM, which operates as a state company and carries out functions similar to the United States Geological Survey, has amassed t...Read More

Union official at Chile's Escondida mine predicts 'overwhelming' vote against BHP offer

Jul. 30, 2018, 4:07 PM / Reuters

The union at BHP's Escondida mine in Chile, the world's largest copper mine, is expected to overwhelmingly reject the final contract offer from the Anglo-Australian miner, increasing the likelihood of a strike, a union leader told Reuters on Monday.Union members have until Wednesday to finish voting on the company's proposal, when the union will conduct an official count. After that, either party...Read More

First Quantum extends copper hedging, even as trade war clips prices

Jul. 30, 2018, 3:38 PM / Reuters

TORONTO, July 30 (Reuters) - Canadian base metal miner First Quantum Minerals Ltd said on Monday it had extended its hedging program for copper sales, as trade war worries push prices lower despite "excess demand" for its production.The miner, whose second-quarter results included a $45 million loss from copper hedging, said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama...Read More

Copper price bears shrug $280B China stimulus package

Jul. 30, 2018, 2:58 PM / Frik Els

Copper was trading down for a third day on Monday as metal traders in New York shrug off the increasing likelihood of a strike at the world's largest copper mine and the impact of fiscal stimulus in top metal consumer China.Copper touched $2.76 or $6,080 a tonne on the Comex market, down a stomach churning 17% or $1,270 a tonne since hitting four-year highs early June.Labour action in Chile and Pe...Read More

Codelco's Chuquicamata copper mine hit by strike, blockage

Jul. 30, 2018, 5:46 AM / Cecilia Jamasmie

Unionized workers at Codelco's Chuquicamata copper mine in Chile downed tools on Monday saying they had "exhausted" all instances for dialogue with management.Access to Chuquicamata, the state miner's second largest copper operation by size, has been blocked since early hours, as unions No. 1, 2, and 3, as well as Antofagasta Union No. 1 demand Codelco to re-hire two workers that were "unjustified...Read More

Caterpillar says tariffs will wipe out up to $200M

Jul. 30, 2018, 3:22 AM / Cecilia Jamasmie

Shares in Caterpillar (NYSE:CAT), the world's no.1 heavy machinery maker, retreated 2% despite posting record second quarter earnings per share Monday, while also bumping up its full-year profit forecast.The Deerfield, Illinois-based company reported an adjusted profit of $2.97 a share in the three months to June 30, compared with $1.49 a share last year. For the whole year, Caterpillar now expe...Read More

Gold / Silver / Copper Prices - Weekly Outlook: July 30 - Aug. 3

Jul 30, 2018 / Investing.com

Investing.com - The strengthening dollar looks likely to remain a significant headwind for gold this week, ahead of the Federal Reserve’s latest rate setting meeting, where it will probably lay the groundwork for its third rate hike this year in September.Friday’s U.S. employment report for July will also be closely watched, amid expectations that its will point to a slight slowdown in...Read More

GLOBAL MARKETS-Stocks end 4th week of gains on sour note as investors jeer earnings

Jul 30, 2018 / Reuters

* Global stocks index down 0.20 pct despite earlier gains* U.S. growth fastest in nearly 4 years; figure was expected* U.S. Treasury yields lower ahead of Fed, BoJ meetings (Updates to close of U.S. stock market)By Trevor HunnicuttNEW YORK, July 27 (Reuters) - World shares fell on Friday as corporate results and economic data failed to wow investors, leaving them to stew over trade tariffs and cen...Read More