All Posts Tagged With: "Cerro Verde"
Copper Rockets up on Supply Concerns, but Lead Sinks More on Slack Demand
Doug Casey says: ” The Peruvian situation is provoking a lot of worry, even though it has yet to cause major disruptions, as it appears to be worsening. Miners at Peru’s largest copper-zinc pit, Antamina, owned by BHP Billiton, are on strike, but a company official said its effect on production was minimal. “
Base Metals Remain Stagnant
The base metals were mixed again on Wednesday. Copper sagged through the pre-dawn hours, but recaptured the lost ground during the New York session, finishing at $3.6395/lb., up a penny and a half.
Latest News
- It Could Get Worse Before It Gets Better3:42pm CDT
- Base Metals Savaged3:36pm CDT
- Crude Plummets Below $803:31pm CDT
- Shortages, Bankruptcy and More!3:28pm CDT
- US Dollar Whipping Everyone3:26pm CDT
- Fed Floods the Markets with US$3:22pm CDT
- Gold Endures Frightful Selloff3:19pm CDT
- Citigroup Concedes Wachovia to Wells Fargo3:00pm CDT
- Breaking News: Dow Rebounds… Biggest One-Day Gain Ever…2:20pm CDT
- Adam Lass Says US Blue Chips Could Lose Another 34%1:49pm CDT
- Why Smart Investors Should Be Thinking about Cows11:42am CDT
- Why Energy and Resource Plays Will Profit in the Long Term10:41am CDT
- Some Very Healthy Resource Stocks Are ‘Shockingly’ Cheap10:20am CDT
- How to Play the Sovereign Wealth Fund Property Boom9:26am CDT
- Early Indicators: Europe Acts to Rescue Banks… Stocks Up…9:19am CDT
- Nouriel Roubini: Markets Will Fall Another 20%5:55pm CDT
- Goerge Soros: Financial Crisis Is the ‘End of an Era’1:48pm CDT
- Government Rescues Will Trigger a Bull Market in Gold11:22am CDT
- Natural Gas and Water Are the Investments of the Future2:41pm CDT