• Reuters6 hours ago

    Congo gov't supports Freeport sale of Tenke copper mine - minister

    Democratic Republic of Congo's mines minister said on Thursday that the government "salutes and supports" China Molybdenum Co's bid to buy Freeport McMoRan's majority stake in the giant Tenke copper project despite objections from state miner Gecamines. The statement by Martin Kabwelulu appeared to be an effort to smooth passage of the transaction after Gecamines said last week that it had challenged the deal at the International Court of Arbitration in Paris to assert a right of first offer.

  • Market Realist13 hours ago

    Copper, Gold, and Silver Are Stable Early on October 27

    At 7:50 AM EST on October 27, the COMEX copper futures contract for December delivery rose ~0.63% to $2.16 per pound.

  • Market Realist14 hours ago

    US Gasoline Inventories Fell for the Third Time in 7 Weeks

    US gasoline prices fell despite the larger-than-expected fall in gasoline inventories on October 26, 2016.