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HomeCopper

Copper

Copper
Zero Edge

Extremely Tight Market Could Push Copper Prices To Record Highs

January 24, 2023 Mariel Alumit

By Tsvetana Paraskova of OilPrice.com Retail and professional investors expect copper to be the top-performing commodity this year, outperforming gold, corn, and crude oil, according to Bloomberg’s MLIV Pulse survey published on Monday. A total […]

Glencore
Critical Minerals

Glencore halts copper mine operations in Peru due to violent protests, worth billions.

January 21, 2023 Mariel Alumit

​Following Friday’s attack that set on fire a worker housing area, Glencore announced that it has halted operations at the Antapaccay copper mine in southern Peru. In a media statement, the company said that yesterday’s […]

Copper price
Critical Minerals

Copper price highest since June on China optimism

January 18, 2023 Mariel Alumit

​The copper price rose on Wednesday to its highest levels since June as speculators bet that low inventories and rising Chinese demand will lift prices. Copper for delivery in March rose on the Comex market […]

China
Rare Earth Minerals

Copper price retreats on weak economic data from China

January 17, 2023 Mariel Alumit

​ The copper price fell on Tuesday as weak economic data from China punctured a speculator-driven rally. Copper for delivery in March fell 0.3% on the Comex market in New York, to $4.20 per pound, […]

Commodities

Copper price down after rapid rally

January 13, 2023 Mariel Alumit

C​opper prices paused their rally on Friday but were set to end the week with a 6.6% gain on hopes that a weaker dollar and China’s dismantling of covid-19 restrictions will lift demand. China’s zero-covid […]

Rare Earth Minerals

Copper price rises above $9,000 fueled by optimism about China

January 11, 2023 Mariel Alumit

​ Copper prices moved above $9,000 a tonne on Wednesday for the first time since June on hopes that Chinese demand will rebound after the country removed its covid-19 restrictions. China’s retreat from its Covid-Zero […]

copper
Commodities

Surging molybdenum price adds weight to new year rally for copper producers

January 10, 2023 Mariel Alumit

​ Copper prices started the new year with a bang – touching fresh six-month highs on Tuesday. Copper for delivery in March touched $4.0795 per pound or just shy of $9,000 a tonne, bringing gains […]

Copper
Commodities

Copper price at over 6-month peak as China reopens border

January 9, 2023 Mariel Alumit

​ The copper price jumped to a more than six-month high on Monday as demand prospects brightened after China reopened its borders. Copper for delivery in March rose 3% on the Comex market in New […]

Copper
Rare Earth Minerals

Anglo Asian Mining invests again in Libero Copper

January 9, 2023 Mariel Alumit

​ Gold, copper and silver producer Anglo Asian Mining (LON: AAZ), has made a third investment in Canada’s Libero Copper & Gold (TSX-V: LBC), which focuses on finding copper assets in the Americas. The Azerbaijan-focussed miner […]

Copper
Rare Earth Minerals

Copper Mountain reopens mine after ransomware attack

January 6, 2023 Mariel Alumit

​ Copper Mountain Mining (TSX: CMMC) said it reopened its mine in southern British Columbia this week following a December 27 ransomware attack that left deliveries unaffected. The Vancouver-based company restarted the primary crusher at […]

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