Search Results for: copper+price+forecast+2010
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Copper dips as doubts about the mixed data recovery China
LONDON – Copper prices extended to Friday concern about the economic recovery, as investors mulled wine mixed data on the Chinese output and inflation. A batch of mixed Chinese economic data showed inflation faster on a 19-month high in May, despite a moderation of Growth in factory output and capital expenditure illuminated ensure certain that the world’s third largest economy overheat.
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Quadra Announces First Quarter 2010 Copper and Gold Production Results
Vancouver, Canada — April 20th, 2010…Quadra Mining Ltd. (“Quadra” or “the Company”) (QUA:TSX) is pleased to announce the 2010 first quarter production results from its three wholly owned mines, the Robinson Mine (“Robinson”) located in Ely, Nevada, the Carlota Mine (“Carlota”) located in Globe-Miami, Arizona and the Franke Mine (“Franke”) located in Region II Chile. Combined production was 49.1 million pounds of copper and 26,846 ounces of gold produced for the three months ended March 31st 2010. (more…) -
Goldcorp Analyst Tour to Highlight Strong Progress at Penasquito
GOLDCORP INC. (TSX:G)(NYSE:GG) is pleased to provide an update on recent operating milestones achieved at Peñasquito in advance of an upcoming analyst and investor tour of the mine in Zacatecas, Mexico.
Project Status Highlights
* Lead and zinc concentrate grade and quality meets or exceeds expectations.
* Mill throughput from first sulphide process line (Line 1) ramping up on or ahead of schedule. (more…) -
Fit European stocks for the week Fifth BHP, UBS Shares Rally
European shares rose for the fifth consecutive week, the longest gain of nearly a year, stocks of basic resources rallied to escalating metal prices. BHP Billiton Ltd. has increased in the holiday shortened week as copper traded at a high level of 20 months in London and the company said it plans to sell iron ore to steel mills on Asian markets in the short term. UBS AG gained as Switzerland’s largest bank by client assets would have generated approximately $ 2.3 billion of fixed-income revenue in the first quarter. Bank of Ireland Plc rose in Dublin that the Government has announced the fund-raising requirements for lenders. (more…) -
Asian Stocks Gain on Metal Prices, China Earnings; Takeda Drops
The euro has strengthened and the yen weakened on speculation European economic confidence will improve. The gains in copper has increased mining companies from Asian countries.The euro rose to ¥ 124.62 at 1:10 pm in Tokyo from ¥ 124.06 in New York on March 26. Copper for delivery in three months in London rose 1.6 percent to $ 7635 per tonne as inventories SLID. China’s Shanghai Composite Index rose 2.1 percent to the highest level in over two months. A gauge of materials producers in the MSCI Asia Pacific rose 0.5 percent. Standard & Poor’s 500 futures rose 0.2 percent. (more…)