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Crude oil for April delivery was little changed at $79.57 a barrel as of 12:28 p.m. London time in electronic trading on the New York Mercantile Exchange as the...
The price of copper has jumped to the highest level in five weeks after the huge earthquake in Chile. Prices on futures of the metal traded...
Freeport-McMoRan Copper & Gold Inc said Wednesday it has decided to move forward on three deferred copper mining projects, citing a positive outlook for its metal markets and its ability to manage costs during the global economic downturn.
A mining expert has warned that Zambia will lose a lot of revenue when copper prices on the international market hit above the US $7,500 per metric tonne mark due to an anticipated copper shortage likely to occur between 2010 and 2012.
Weaker demand for industrial metals copper, lead copper prices fell. Another factor affecting the fall of copper prices on the decline in trading Friday on investor confidence and economic recovery programs quarterly results from U.S. banks.
Workers at BHP Billiton’s Spence copper mine will likely reject a new wage offer and strike, a union leader said on Monday, in talks seen as an indicator for upcoming labor negotiations in the world’s top copper producer, Chile.
U.S. stock-index futures advanced, indicating the Standard & Poor’s 500 Index will rise for a second day, as higher metals and oil prices lifted raw-material producers and banking shares gained.
