Copper stocks Articles

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

Nov 15, 2018 / Staff reporter

Top Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %Transition MetalsTSX-VXTMCAD0.120.0215.00Coro MiningTSXCOPCAD0.060.0110.00MMGHKEX1208HKD3.550.216.29Lundin MiningTSXLUNCAD5.550.254.72KGHM Polska MiedzFWBKGHAEUR21.400.864.19Top Decliners$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigge...Read More

UPDATE 12-Oil rebounds from steep sell-off as OPEC, partners discuss supply cut

November 15, 2018 / Staff reporter

* Jump in supply comes as demand outlook weakens* OPEC+ discuss supply cut of up to 1.4 million bpd -sources* POLL-U.S. crude stockpile likely up for eighth week* U.S. crude oil stocks rise sharply, climbing 8.8 mln bbls-API (Adds API data, Breakingviews item in related content field)By Devika Krishna KumarNEW YORK, Nov 14 (Reuters) - Oil rose about 1 percent on Wednesday, recouping some of the pr...Read More

India wants RBI to address credit, liquidity issues as priority - TV Channels

November 15, 2018 / Staff reporter

NEW DELHI, Nov 14 (Reuters) - India's finance ministry wants the Reserve Bank of India (RBI) to address credit and liquidity related issues at its board meeting scheduled for Nov. 19, Indian TV channels reported on Wednesday, citing unidentified sources.The central bank and the government have been at loggerheads in recent weeks as the government ramps up pressure on the regulator to relax lending...Read More

UPDATE 1-Indian rupee, bonds surge on lower oil prices, cenbank announcement

November 15, 2018 / Staff reporter

* Indian rupee rises to its highest since Sept. 21* India 10-year bond yield falls to lowest since Aug. 2* Local elections, cenbank-govt rift to cap large gains - dealers (Updates to add details, background, quotes)By Suvashree ChoudhuryMUMBAI, Nov 14 (Reuters) - The Indian rupee and bonds gained in early trade on Wednesday, boosted by a fall in global oil prices and on the central bank's announce...Read More

UPDATE 3-European stocks hit 2-week low as sell-off leaves few sectors unscathed

Nov 15, 2018 / Reuters

* STOXX down 0.6 pct, Eurostoxx 50 down 0.6 pct* Italy down 0.8 pct as budget showdown looms* Oil stocks tumble as crude struggles* Copper slides, miners fall 2 pct (Updating prices, adding details)By Julien Ponthus and Helen ReidLONDON, Nov 14 (Reuters) - European shares hit their lowest in two weeks on Wednesday in a broadbased sell-off across oil, mining, technology and banking stocks amid rene...Read More

EU mergers and takeovers (Nov 14)

Nov 15, 2018 / Reuters

BRUSSELS, Nov 14 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- UK packaging business DS Smith SMDS.L to acquire Spanish corrugated packing provider Europac PYCE.MC (approved Nov. 14)NEW LISTINGSNoneEXTENSIONS AND OTHER CHANGES-- Germany's Thyssenkrupp TKAG.DE and India's Tata Steel TISC.NS to...Read More

No Brexit deal boost for FTSE 100 as oil, miners drag

Nov 15, 2018 / Reuters

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down 0.5 pct* Brexit deal still has to pass through some hoops* Smiths Group rises on healthcare spin-off plan* Debenhams tumbles on report of suppliers turning awayBy Helen ReidLONDON, Nov 14 (Reuters) - Britain's top stock index sank on Wednesday as mining companies and oil majors sold off amid growing anxiety...Read More

GLOBAL MARKETS-Oil seeks floor, stocks tumble, sterling braces for wild swings

Nov 15, 2018 / Reuters

* European shares down as much as 1.2 pct* German, Japanese economies contract in Q3* Sterling volatility jumps to highest since 2017 election* US crude bounces after longest losing streak in decades* Italy budget woes put euro, Italian debt under pressure* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Danilo MasoniMILAN, Nov 14 (Reuters) - Oil struggled to find a floor and stocks tum...Read More

Chinese company aiming to put copper asset back on the map

15 November 2018 / Tom Azzopardi in Santiago

Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalXiana paid US$25 million in cash for the complex which consists of three operating mines, a concentrate plant, related infrastructure and exploration licences near the northern city of Ovalle."MAP is an excellent cornerstone asset for the Xiana portfolio and we look forward to executing our optimization plans...Read More

Miners' spending on hunt for copper, EV metals hits $10 billion

Nov. 14, 2018, 3:56 PM / Bloomberg News

Exploration spending in the mining sector rose for a second year to near $10 billion as the industry makes a cautious shift to growth and prepares for forecast booming demand for copper and metals used in electric vehicle batteries, according to S&P Global Market Intelligence.Budgets jumped about 19%, outpacing last year's gain, which had been the first for the industry - excluding some commoditie...Read More

Chinese copper smelters look to mine investment to secure supply

Nov. 14, 2018, 11:59 AM / Reuters

SHANGHAI - Chinese copper smelters are looking to make more investments in mines, pushing to shore up supply of concentrate at a time when competition for the raw material is heating up, industry executives said on Wednesday.China is the world's biggest consumer of the metal but its own copper mine production has been stagnating amid a broad crackdown on pollution, exacerbating a heavy reliance on...Read More

Electric vehicle revolution goes underground with mine truck

Nov. 14, 2018, 11:28 AM / Bloomberg News

Electric vehicles are reaching global markets far and wide - and deep. Swedish mining equipment maker Epiroc AB now aims to electrify all its underground machines within five years.As much as 40% of an underground mine's energy outlay is spent on powering gigantic ventilation systems to remove pollutants from tunnels, this can be reduced by using less dieselThe manufacturer on Wednesday launched a...Read More

Rio Tinto wants a piece of Teck's copper project in Chile

Nov. 14, 2018, 10:25 AM / Cecilia Jamasmie

The world's second largest miner, Rio Tinto, (ASX, LON:RIO) is said to be preparing an offer for a minority stake in Teck Resources' (TSX:TECK.A | TECK.B)(NYSE:TCK) Quebrada Blanca copper mine in northern Chile.Canada's largest diversified miner, which in August received regulatory approval for a $4.8 billion extension of the mine, has been looking for a development partner that could invest $2 bi...Read More

Global cobalt glut won't be stemmed by Glencore Congo output stoppage

Nov. 14, 2018, 9:59 AM / Reuters

LONDON - Disruptions to cobalt supplies in the Democratic Republic of Congo are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year.Glencore last week said its subsidiary Katanga Mining had halted cobalt exports from the Kamoto Project in DRC while it builds a facility to r...Read More

Xiana pays Glencore $25 million for Chilean operation

Nov. 14, 2018, 7:16 AM / MINING.com Staff

Vancouver-based Xiana Mining (TSXV: XIA), formerly Dorato Resources, paid $25 million and a 1.5% net smelter royalty to acquire Glencore's (LON:GLEN) Minera Altos De Punitaqui in Chile.Minera Altos De Punitaqui (MAP) is a copper-gold producing company that currently holds three operating mines, additional exploration licenses, a concentrator, and associated infrastructure. All these elements are c...Read More

Ivanhoe Mines shares jump as it finds new copper-rich area in Congo

Nov. 14, 2018, 5:48 AM / Cecilia Jamasmie

Shares in Canadian miner Ivanhoe Mines (TSX:IVN) climbed Wednesday as it announced that exploration drilling at its Kamoa North prospect area, which forms part of the Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC), had defined two new, continuous corridors of shallow and high-grade copper mineralization.The newly delineated copper corridors occur on the western flank of the...Read More

UPDATE 12-Oil slumps 7 pct to one-year low as rout extends to 12 days

November 14, 2018 / Staff reporter

* Hedge fund selling, demand worries drive 7 pct drop* Trump says OPEC should not cut production* OPEC cuts demand outlook for fourth straight month* U.S. futures post largest pct decline since Sept 2015* Crude prices slump: https://tmsnrt.rs/2PWBkdL (Updates to settlement; adds additional details, quotes; updates bullet points)By David GaffenNEW YORK, Nov 13 (Reuters) - Oil's slide accelerated on...Read More

Flipkart Group CEO Binny Bansal resigns after misconduct probe

November 14, 2018 / Staff reporter

Nov 13 (Reuters) - Chief Executive Officer and co-founder of Walmart-owned Indian e-commerce firm Flipkart Group, Binny Bansal, has resigned effective immediately, Walmart (NYSE:WMT) Inc WMT.N said in a regulatory filing on Tuesday."His decision follows an independent investigation done on behalf of Flipkart and Walmart into an allegation of serious personal misconduct," Walmart said in a statemen...Read More

UPDATE 1-Tata in active talks to buy majority stake in Jet Airways -sources

November 14, 2018 / Staff reporter

(Changes sourcing, adds context)By Aditi Shah and Euan RochaNEW DELHI/MUMBAI, Nov 13 (Reuters) - Indian conglomerate Tata Sons is in active talks to acquire a controlling stake in Jet Airways JET.NS , four people aware of the talks told Reuters, in what could potentially be a lifeline for the debt-laden carrier.Tata is very interested in Jet but it is not at a stage of conducting due diligence or...Read More

DIARY-Emerging Markets Economic Events to Dec 28

Nov 14, 2018 / Reuters

Nov 14 (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