HG=F - Copper Futures,Sep-2018

COMEX - COMEX Delayed Price. Currency in USD
2.7505
+0.0550 (+2.04%)
As of 4:59PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2018-09-26
Open2.7175
Bid2.7505
Last Price2.6955
Day's Range2.6825 - 2.7610
Volume117,196
Ask2.7535
  • Reuters2 days ago

    Vedanta says Tuticorin copper smelter shutdown could cost $100 million: TV

    Vedanta Ltd would suffer a loss of about $100 million if its Tuticorin copper smelter in southern India continues to remain shut for a year, Chairman Anil Agarwal told television channel ET Now on Friday. Vedanta has sought a permanent injunction against the state government from interfering with the operations of its copper smelter, according to a petition filed with the country's environmental court. "This (plant) is about 2 percent of our balance sheet... and if the plant is shut down for the whole year we will have a loss of about $100 million," Agarwal told the channel.

  • Reuters2 days ago

    Vedanta says Tuticorin copper smelter shutdown could cost $100 million: TV

    Vedanta Ltd would suffer a loss of about $100 million if its Tuticorin copper smelter in southern India continues to remain shut for a year, Chairman Anil Agarwal told television channel ET Now on Friday. Vedanta has sought a permanent injunction against the state government from interfering with the operations of its copper smelter, according to a petition filed with the country's environmental court. "This (plant) is about 2 percent of our balance sheet... and if the plant is shut down for the whole year we will have a loss of about $100 million," Agarwal told the channel.

  • Reuters3 days ago

    Strike looms after breakdown in talks at Chile´s Caserones copper mine

    A union representing workers at Lumina Copper's Caserones mine in Chile said on Thursday that contract negotiations with the company had failed, paving the way for a potential strike. The union said that because of the breakdown it would reject a final proposal that could be submitted by the company up to July 24, and that government mediation would be the only way forward.

  • CNBC3 days ago

    Copper — a metal with a history of predicting economic trouble — hits 1-year low, nears bear market

    Copper prices reached their lowest levels in a year on Thursday, as concerns that a global trade war could strain global supply chains and slow down the global economy.

  • Commodities Continue to Weaken, Stronger Dollar Weighs
    Market Realist3 days ago

    Commodities Continue to Weaken, Stronger Dollar Weighs

    After losing strength last week, crude oil started this week on a weaker note and declined as the week progressed. On Thursday, crude oil started the day on a mixed note and was trading with weakness at four-week low price levels in the early hours.

  • Commodities - WTI Oil Futures Maintain Losses After Inventory Data
    Investing.com4 days ago

    Commodities - WTI Oil Futures Maintain Losses After Inventory Data

    Investing.com – West Texas Intermediate oil remained lower in North American trade on Wednesday after data showed that oil supplies in the U.S. registered a surprise inventory build and U.S. production reached record levels. But gasoline inventories registered a much larger-than-expected draw and distillate stockpiles unexpectedly declined.

  • BHP Billiton (BHP) Reports 8% Rise in Annual Production
    Zacks4 days ago

    BHP Billiton (BHP) Reports 8% Rise in Annual Production

    BHP Billiton (BHP) posted record iron ore output for fiscal 2018 and set a slightly higher target the next fiscal.

  • Investing.com5 days ago

    Gold Prices Sink to Year Low as Dollar Reigns Supreme on Powell's Upbeat Outlook

    Investing.com – Gold prices fell to a year low Tuesday, pressured by a rally in the greenback as Federal Reserve Chairman Jay Powell said gradual rate hikes would continue.

  • Gold Falls to Two-And-a-Half-Year Low on Powell Testimony
    Investing.com5 days ago

    Gold Falls to Two-And-a-Half-Year Low on Powell Testimony

    Gold prices fell to a two-and-a-half year low on Tuesday, as a stronger dollar weighed on the precious metal and Federal Reserve Chair Jerome Powell backed gradual rate increases. Comex gold futures for August delivery decreased 0.86% to $1,229.20 a troy ounce as of 10:37 AM ET (14:37 GMT). The price of gold fell as Powell reiterated the central bank should gradually increase interest rates.

  • July is the best time to buy jewelry—here's what you need to know to get great pieces at good prices
    CNBC5 days ago

    July is the best time to buy jewelry—here's what you need to know to get great pieces at good prices

    July is the best month to buy jewelry. Here's a guide on how to shop smart.

  • Reuters5 days ago

    LME to launch monthly 'implied pricing' to attract funds

    The London Metal Exchange (LME) will launch a new set of synthetic monthly prices to make it easier for investors and funds to invest in base metals as the LME battles competition from other exchanges such as those operated by CME Group Inc.. The world's oldest and largest market for industrial metals, the LME said in a statement on Tuesday that "implied" prices for the six main base metals would be provided starting July 30.

  • Reuters6 days ago

    BRIEF-Inner Mongolia Xingye Mining Says Share Trade Remains Suspended

    July 16 (Reuters) - Inner Mongolia Xingye Mining Co Ltd : * SAYS IT SIGNS FRAMEWORK AGREEMENT TO BUY COPPER, COAL MINE AND RELATED ASSETS WORTH ABOUT 3.0 BILLION YUAN ($449.34 million) VIA CASH, SHARE ...

  • Investing.com10 days ago

    Metal Prices in Rebound Mode; Gold Prices Edge Higher

    Investing.com – Gold prices steadied Thursday, as the dollar gave up some of its gains, while easing trade-war concerns prompted traders to cut bearish bets on other metals.

  • Stocks, oil prices slide on trade war worries
    Reuters11 days ago

    Stocks, oil prices slide on trade war worries

    Concerns about an escalating U.S.-China trade war made markets topsy-turvy on Wednesday, with U.S. stocks breaking a four-session winning streak and Brent crude prices seeing their biggest one-day drop in two years. Metal prices also slumped after U.S. President Donald Trump's threat overnight of 10 percent tariffs on another $200 billion of Chinese goods dampened hopes that Washington will eventually step back from the escalating row. Trump has said he may ultimately target more than $500 billion worth of Chinese goods - roughly the total amount of U.S. imports from China last year.

  • Gold Prices Recover from 7-month Lows with Inflation Data in Focus
    Investing.com13 days ago

    Gold Prices Recover from 7-month Lows with Inflation Data in Focus

    Investing.com - Gold prices started the week off on the right foot, heading further away from seven-month lows seen last week, as easing worries over inflationary pressure supported the precious metal.

  • Canada's Barrick, China's Shandong Gold to deepen ties, look at acquisitions
    Reuters13 days ago

    Canada's Barrick, China's Shandong Gold to deepen ties, look at acquisitions

    Canadian miner Barrick Gold Corp and China's Shandong Gold on Monday said they would deepen cooperation beyond their Argentinian joint venture, potentially working together on acquisitions. Barrick Gold, the world's largest producer of bullion, last year signed a near billion-dollar deal to sell Shandong a 50-percent stake in its Veladero mine in Argentina. The development is one of Barrick's top five gold mines.

  • Reuters16 days ago

    EXPLAINER-Labor talks at BHP´s Escondida mine in Chile enter 'home stretch'

    Labor negotiations at BHP Billiton Plc Escondida copper mine in Chile, the world's largest, are entering into the final three weeks before a 30-month contract expires at the end of July. The proposals include a one-time bonus equivalent to 4 percent of dividends distributed to shareholders in 2017, or between approximately $34,000 and $40,000 per worker, depending on the exchange rate and other factors. The union also requested a 5 percent increase in workers' salaries.

  • Commodities Are Weak in the Early Hours on July 6
    Market Realist16 days ago

    Commodities Are Weak in the Early Hours on July 6

    After gaining for two consecutive trading weeks, crude oil started this week on a stronger note. However, crude oil lost strength as the week progressed. On Friday, crude oil started on a weaker note and was trading at one-week low price levels in the early hours.

  • Gold Falls as Trade Tariffs Begin
    Investing.com16 days ago

    Gold Falls as Trade Tariffs Begin

    Gold prices were lower on Friday as the U.S. dollar weakened and U.S. trade tariffs against China went into effect. Comex gold futures for August delivery decreased 0.21% to $1,256.20 a troy ounce as of 6:06 AM ET (10:06 GMT). U.S. tariffs on $34 billion worth of Chinese goods went into effect at 12:01 AM ET (04:01 GMT) on Friday, with additional tariffs on another $16 billion expected to go into effect in two weeks.

  • Reuters16 days ago

    Chilean miner Mantos Copper seeks buyer to help finance expansion

    Private equity-backed Chilean miner Mantos Copper is looking to find a buyer to help finance the expansion of mines it bought from Anglo American in 2015, it said. The company's owner, a consortium led by British investment company Audley Capital Advisors and Orion Mine Finance Group, bought the Mantos Blancos and Mantoverde copper mines from Anglo for $300 million plus $200 million in conditional future payments. In April, Mantos Copper said it would extend the life of the mines after obtaining environmental permits, despite rising costs of production.

  • Reuters16 days ago

    Shanghai steel firm as China capacity cuts outweigh tariff woes

    Chinese steel prices recovered from early losses to trade firmer on Friday as Beijing's efforts to cut production capacity as part of its pollution fight have countered concerns over U.S. tariffs on $34 billion of Chinese goods that have just begun. The U.S. tariffs took effect as a deadline passed on Friday, and China vowed to respond, bringing the world's two biggest economies even closer towards an all-out trade conflict. The price of construction steel product rebar on the Shanghai Futures Exchange closed up 0.2 percent at 3,780 yuan ($569) a tonne, after falling as much as 1.1 percent in morning deals.

  • Investing.com17 days ago

    Metals Under Pressure as U.S. Tariffs to Take Effect Midnight; Gold Higher

    Investing.com – Gold prices remained near session highs as a weaker dollar underpinned demand for the yellow metal, while other metals traded lower ahead of looming U.S.-China tariffs set to take effect Friday.

  • Gold Remains Near One-Week High Ahead of Fed Minutes
    Investing.com17 days ago

    Gold Remains Near One-Week High Ahead of Fed Minutes

    Gold prices remain near a one-week high on Thursday as the U.S. dollar weakened and traders looked ahead to meeting minutes from the Federal Reserve. Comex gold futures for August delivery increased 0.22% to $1,256.20 a troy ounce as of 10:11 AM ET (14:11 GMT). Gold normally rises as the dollar falls, as the precious metal is denominated in the U.S. currency and is sensitive to moves in the dollar.

  • Reuters17 days ago

    CANADA STOCKS-TSX edges lower led by losses in financial stocks

    * At 9:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 47.28 points, or 0.29 percent, at 16,257.44. * Gold prices fell despite a weaker dollar as investors worried that U.S. Federal Reserve minutes, due later in the day, would highlight scope for further rate hikes. * The materials sector, which includes precious and base metals miners and fertilizer companies, lost 0.5 percent as spot gold fell 0.1 percent to $1254.95 an ounce, while copper prices declined 0.1 percent to $6,382.5 a tonne.

  • Reuters18 days ago

    Indonesia extends Freeport's temporary mining permit to July 31

    Indonesia has extended the operating permit of Freeport McMoRan Inc's local unit, PT Freeport Indonesia , to July 31, 2018, as discussions continue over longer term rights to its Grasberg copper mine, ...