Category: Copper News

Copper News and Analysis from varies commodity news media, we summarize all Copper news into a sitemap summary with link to related Copper News for the one who wanted to catch up Copper price change in timely manner.

China shuns imports of Australian copper ore

Tom Daly and Emily ChowAAPCamera IconThe last time China had no imports of copper concentrate from Australia was in April 2004. Credit: TheWestShare to FacebookShare to TwitterEmail UsCopy the Link China’s imports of copper concentrate from Australia dried up completely in December, customs data shows, as smelters shun Australian suppliers amid rising tensions between the two nations.It marks the first time in more than 16 years that monthly...

Why the Oz Minerals (ASX:OZL) share price will be on watch today

The Oz Minerals Limited (ASX: OZL) share price will be on watch this morning following the company’s update late yesterday on the transition of its underground mining services. After yesterday’s market close, the Oz Minerals share price finished the day down 0.6% to $19.98. What did Oz Minerals announce? The Oz Minerals share price will be in focus after the company advised it has signed an agreement for...

Brazil’s real rises ahead of c.bank meeting; Chilean peso jumps

Article content continuedU.S. fiscal package as Democrat Joe Biden was sworn in aspresident of the United States.The Chilean peso jumped 2.06%, set for its best daysince June 2020, as prices of its main export, copper, pushedhigher on optimism over U.S. stimulus.The country has a busy political calendar this year,starting with the drafting of an entirely new constitution,comprised of 155 members elected by the public in April aftermonths of...

Zambia expects to find new Mopani investor by year-end, IMF examines Glencore transaction

Article contentLUSAKA — Zambia’s mining investment arm ZCCM-IH said it expects to find a new investor for Mopani Copper Mines by the end of the year, as the International Monetary Fund looks into Zambia’s deal with Glencore, Mopani’s majority stakeholder.Zambia became Africa’s first pandemic-era sovereign default in November, but ZCCM-IH agreed on Tuesday to take on $1.5 billion in debt for Glencore’s stake, making it the sole owner...

Warren Buffett Isn’t Buying Much, But He Shockingly Bought This 1 TSX Stock

Warren Buffett’s illustrious investment history is dotted with smart, well-timed decisions. He has had his fair share of failed investments, but that doesn’t negate the fact that most of his investment decisions have been profitable and timely. That includes both his new positions and exits since Buffett doesn’t wait till long to rectify his mistakes. Investors understand that market crashes offer a wealth of fantastic investment opportunities, especially...

What Does 2021 Hold for the Markets? HYCM CEO Speaks

HYCM is a globally established forex broker under Henyep Capital Markets Group, a global corporation with over four decades of experience operating in Asia, Europe, and the Middle East.Since its conception, HYCM has established itself as one of the more reputable and reliable financial brokers.Finance Magnates met with Stavros Lambouris, CEO at HYCM International, to review 2020 and find out what the new year holds for the forex...

EDC approves reduced 19% exports growth target

 The Export Development Council (EDC) has approved a revised Philippines exports growth target to $105 billion by 2022 or 19.23 percent lower than the original forecast of $130 billion taking into consideration impact of pandemic and weaker global demand. “The revised targets are lower than the original targets where export levels were originally projected to reach over $130 billion by 2022,” said Trade and Industry Secretary Ramon M....

Low-temperature operating problem for EV-use batteries solvable, says Digitimes Research

Low-temperature operating problem for EV-use batteries solvable, says Digitimes Research Jessie Lin, DIGITIMES Research, Taipei Wednesday 20 January 2021 Electric vehicle (EV)-use lithium batteries suffer large decreases in operating efficiency when exposed to working environment of very low temperatures, but the problem can be solved by a few methods, according to Digitimes Research's findings.Working temperatures for normal operation of such batteries range from -20 degrees to 60 degrees...

BHP and Rio rise above China-Australia tensions

TOKYO -- Australian resource giants BHP Billiton and Rio Tinto have increased iron ore production thanks to an infrastructure binge in China, a country that has otherwise been intent on slapping Australia with economic penalties."BHP delivered strong safety and operational performance in the first half of the 2021 financial year, including record production at Western Australia Iron Ore," BHP Billiton CEO Mike Henry said.The miner on Wednesday announced...

Copper rises on U.S. stimulus hopes, softer dollar

Article contentCopper leapt on Wednesday on hopes of a massive stimulus package under the incoming administration of U.S. President-elect Joe Biden, with a weaker dollar boosting the appeal of greenback-priced metals.The metal, often used as a gauge of global economic health, gained further after China’s customs data showed its imports of copper concentrate from Australia dried up completely in December amid tense bilateral ties.Three-month copper on the London...

FTSE Live: Breaking news and latest share prices as Joe Biden takes office

Breaking markets news and analysis throughout the day from the Standard’s City team on a big day in Washington DC as Joe Biden assumes office as the 46th President of the USAHighlightsAll eyes on Washington DC for Joe Biden’s inauguarationFTSE set for modest gains on US Treasury Secretary Janet Yellen’s pledge to “act big”FTSE 100 called up 15 points at 6726Inflation rose to 0.6% in December from 0.3%...

4 ASX shares picked for returns in 2021 by brokers and fundies

There are some ASX shares that have been chosen by brokers and fundies as picks to make returns in 2021. Brokers and fund managers work full time to try to find good stocks to pick. This article is about four of them: BHP is one of the top picks in the resources sector by James Gerrish from Market Matters. He said that the big resources ASX share is...
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