Copper Mines

Pakistan mineral outlook
Opinion

Pakistan mineral outlook

Recently, an important conference, ‘Pakistan Mineral Summit’, has been organised in Islamabad by the Petroleum...
Updated 16 Aug, 2023 06:18am
Copper edges higher on expected demand from climate push
Markets

Copper edges higher on expected demand from climate push

  • Three-month copper on the London Metal Exchange was up 0.1% at $9,455.50 a tonne by 1010 GMT, recovering after touching an intraday low of $9,385.
  • "Days like today when there is no major news flow, some people are saying copper and aluminium are both looking quite pricey, so why not take some profits out of this stellar run that we've had," he said.
Published 22 Apr, 2021 05:30pm
Copper retreats
Markets

Copper retreats

LONDON: A rally in copper prices towards 10-year highs paused on Tuesday as rising coronavirus infections pulled...
Published 21 Apr, 2021 03:21am
Bullish sentiment propels copper to six-week high
Markets

Bullish sentiment propels copper to six-week high

  • Benchmark three-month copper on the London Metal Exchange (LME) was up 1.2% at $9,180.5 a tonne in official trading, after touching a six-week high of $9,211.
  • Copper is used in electric cabling, construction and, increasingly, in electric vehicles and wind turbines. This has triggered a wave of bets for soaring demand and elevated prices.
Published 15 Apr, 2021 08:21pm
Copper climbs
Markets

Copper climbs

LONDON: Copper climbed on Wednesday on indications of higher demand for the metal, though gains were capped by ...
Published 18 Mar, 2021 03:56am
Copper slips on profit-taking, but holds near 9-year peak
Markets

Copper slips on profit-taking, but holds near 9-year peak

  • Copper inventories are low generally. Normally in China there would have been a build-up before the New Year holiday, but that didn't happen.
  • "The reflation narrative has taken hold and that could be reinforced by a decision in the United States to press ahead with large stimulus."
Published 17 Feb, 2021 06:40pm