Tuesday 26 May 2015
 
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Copper

Copper demand to grow 4.2pc to $261bn

Global demand for copper metal, that is produced from refined copper and recycled scrap, is projected to advance 4.2 per cent per year through to 2019 to 36 million metric tonnes, valued at $261 billion, according to a recent trend.

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Doubts over copper surplus as mines cut output

Cuts in copper mine output are raising doubts about the extent of a widely expected global surplus that has driven down prices, and the reduced production could support a market rebound. An expected glut of supply in 2015 is one r

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Doubts over copper surplus as mines cut output

Cuts in copper mine output are raising doubts about the extent of a widely expected global surplus that has driven down prices, and the reduced production could support a market rebound. An expected glut of supply in 2015 is one r

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Gold slips from 12-week high as oil, copper tumble

Gold struggled on Wednesday to hold near a 12-week high as a rout in commodities such as oil and copper took a toll on the metal, offsetting safe-haven bids arising from global growth concerns. Oil added to losses on Wednesday to

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Rio, BHP repeating iron ore strategy in copper

Rio Tinto and BHP Billiton are amassing vast copper holdings in a push to capture a greater chunk of the $140 billion world market, apparently aiming to squeeze out high-cost producers just as they did in the global iron ore business.

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How JPMorgan struck gold with copper

On the London Metal Exchange (LME), three-month metal was charging to the then all-time high of $9,550 per tonne, and front-month spreads were tightening. LME reports at the time showed a single entity controlling over half of all

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Barrick, Ma'aden to form JV on Saudi copper asset

Barrick Gold said on Sunday it is forming a joint venture with Saudi Arabian Mining Co (Ma'aden) to run its Jabal Sayid copper asset in the kingdom, a move that could see the long-delayed mine finally begin production in late 2015.

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Six new gold reserves found in Saudi

A total of six gold and two copper deposits have been discovered in Saudi Arabia since 2010, according to a recent announcement from the Saudi Geological Survey (SGS), a report said. A number of key achievements have been made by

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Scientists make wire of carbon, may rival copper

Scientists have made a strong, lightweight wire from carbon that might eventually be a rival to copper if its ability to conduct electricity can be improved, Cambridge University said on Thursday. They said it was the first time t

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Commodities slip on US policy, China concerns

Gold and copper prices fell on Monday and oil prices languished as the prospect of slower growth in China and the US central bank's plans to rein in monetary stimulus worried investors. &n

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