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Arabian American set for first zinc shipmentArabian American Development Company, a specialist in manufacturing of petrochemical solvents, has announced its first sales of zinc and copper concentrate from the Al Masane Al Kobra (Amak) mine in Saudi Arabia. Amak, which i More… |
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Copper rebounds from four-month lowsCopper rebounded on Thursday following hefty losses in the previous session that dragged prices to four-month lows, but gains were fragile as worries about the deepening political crisis in Greece kept investors cautious. & More… |
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Commodities shunned; risk appetite growsCommodities other than oil will fail to capture much of the renewed investment appetite for risky assets that has buoyed global markets this year until more clarity emerges about demand from China, say analysts. Investment has flowed into More… |
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Oil, copper jump on China easing, Greece hopesOil jumped to multi-month highs and copper rebounded on Monday, as investors flocked to riskier assets after China's first bank reserve requirement cut for this year. Commodities also tracked euro's gains as the dollar weakened on expectat More… |
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Copper sinks as Greek hopes dashedCopper fell more than 2 percent on Monday, pulling back from a four-month high as demand prospects dimmed amid a lack of progress in talks to avoid a disorderly Greek default, tempting investors to cash in on January's rally. More… |
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Oil, copper, gold rise on debt dealCommodities rose on Thursday, led by crude oil and metals, after European leaders reached a deal with private holders of Greek debt to write down half their holdings. Brent crude rose for the first time in three days, spot gold climbed to More… |
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Gold, copper tumble as Europe rattles marketsCopper and gold led a commodities plunge on Thursday as escalating worries about Europe's inability to resolve its debt problems drove investors away from riskier assets. Plans to tackle the euro zone debt crisis have stalled with Pari More… |
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Goldman Sachs cuts oil, copper price outlookGoldman Sachs fell into line with other banks on Tuesday as it cut its 2012 Brent crude and copper price forecasts, on growing worries that the European financial crisis would restrain economic growth and curb global fuel demand. The US in More… |
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Oil, gold fall as eurozone crisis persistsCrude oil, gold, copper and grains fell in Asian trading on Thursday as worries over approval for the eurozone's expanded rescue fund and Greece's ability to qualify for its next aid package prompted a flight to safe-haven dollar holdings. More… |
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Asia stocks rebound on hopes for euro zone planAsian shares rebounded and the euro clung to gains on Tuesday on hopes that euro zone officials will act to corral Greece's debt woes and prevent another full-blown banking crisis. Financial stocks and gl More… |
