HG=F - Copper Jul 19

COMEX - COMEX Delayed Price. Currency in USD
2.6975
+0.0170 (+0.63%)
As of 4:59PM EDT. Market open.
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement Date2019-07-29
Open2.6970
Bid2.6380
Last Price2.6865
Day's Range2.6970 - 2.7085
Volume53,160
Ask2.7395
  • Reuters2 days ago

    Vedanta's Zambia liquidation case adjourned until June 4

    LUSAKA/JOHANNESBURG (Reuters) - A court hearing between Vedanta and the government of Zambia over control of its Konkola Copper Mines (KCM) business was adjourned on Friday until June 4. The government is pressing for the liquidation of KCM which it has accused of breaching its operating licence. The company faces a lawsuit in the English courts over allegations KCM polluted the land of nearly 2,000 Zambian villagers.

  • Thomson Reuters StreetEvents3 days ago

    Edited Transcript of PAA.TO earnings conference call or presentation 9-May-19 3:00pm GMT

    Q1 2019 Pan American Silver Corp Earnings Call

  • Exclusive: Chile's Codelco set for copper output hit as key mine goes underground
    Reuters3 days ago

    Exclusive: Chile's Codelco set for copper output hit as key mine goes underground

    Codelco's giant Chuquicamata mine is set for a 40% drop in production over the next two years, an internal forecast seen by Reuters shows, pointing to the sharp challenge facing the world's top copper miner as it scrambles to maintain output. Chile's President Sebastian Pinera is expected to formally cut the ribbon on the revamped copper mine, often referred to as 'Chuqui', in coming months.

  • Reuters3 days ago

    Exclusive: Chile's Codelco set for copper output hit as key mine goes underground

    Codelco's giant Chuquicamata mine is set for a 40% drop in production over the next two years, an internal forecast seen by Reuters shows, pointing to the sharp challenge facing the world's top copper miner as it scrambles to maintain output. Chile's President Sebastian Pinera is expected to formally cut the ribbon on the revamped copper mine, often referred to as 'Chuqui', in coming months.

  • Crude Oil Price Forecast – Crude oil markets roll over on Wednesday after inventory figure
    FX Empire4 days ago

    Crude Oil Price Forecast – Crude oil markets roll over on Wednesday after inventory figure

    Crude oil markets fell a bit during the trading session on Wednesday after a larger than expected build in crude oil inventories in the United States. This is obviously very bearish, but we have so many different moving pieces right now when it comes to crude oil that it’s not the be-all and end-all.

  • Reuters4 days ago

    China's MMG says Las Bambas copper operations not disrupted, talks ongoing

    Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and talks with an indigenous Peruvian community are ongoing, the miner said on Wednesday. The Fuerabamba community had imposed a new road blockade on the mine after talks with the company over compensation broke down, Americo Contreras, a representative of the public ombudsman office told Reuters on Tuesday. The community started the blockade after the talks ended without a solution late on Monday, Contreras said by phone, citing a document from government officials who had mediated the negotiations.

  • Mining giant BHP says coal outlook 'challenged'
    AFP4 days ago

    Mining giant BHP says coal outlook 'challenged'

    BHP, the world's biggest miner, said Wednesday the outlook for coal was "challenged" and there was "no appetite for growth" as it sought to capitalise on opportunities in electric transport and renewables. The miner outlined its long-term strategy months after other major global commodities giants -- including Glencore and Rio Tinto -- said they were limiting or moving away from coal production. "Thermal coal should remain a large market -- but over time we expect it to plateau and then decline as headwinds strengthen," BHP's chief financial officer Peter Beaven said in a briefing.

  • Financial Times5 days ago

    Supply shocks fail to stir oil market numbed by shale

    When Gary Ross, one of the biggest names in energy trading, saw that oil tankers had been attacked off the UAE city-state of Fujairah earlier this month, he knew crude prices just had to rise. He quickly ...

  • Reuters5 days ago

    Vedanta, KCM seek urgent Zambia talks, court appoints liquidator

    Mining company Vedanta and its Zambian unit Konkola Copper Mines (KCM) said they were seeking urgent talks with the Zambian president following a high court order on Tuesday to appoint a provisional liquidator. A day after President Edgar Lungu announced a plan to strip KCM of its mining licence and bring in new investors, a high court document seen by Reuters, named Zambian law firm Lungu Simwanza & Company to oversee KCM.

  • Reuters5 days ago

    Peruvian village blockades Las Bambas copper mine again

    An indigenous Peruvian community has imposed a new road blockade on Chinese miner MMG Ltd's Las Bambas mine, one of Peru's largest copper producers, after talks with the company over compensation broke down, a representative of the public ombudsman office said on Tuesday. The community started the blockade at midnight (0500 GMT) on Tuesday, the representative, Americo Contreras, said by phone, citing a document from government officials who mediated the talks that ended without a solution late on Monday. "For now Yavi Yavi is blocked and the mining company has decided not to transport its minerals," Contreras said, referring to the area of farmland which the road passes through.

  • Reuters5 days ago

    Villagers in Peru decide to impose new road blockade on Las Bambas mine-ombudsman

    The indigenous community of Fuerabamba in Peru decided to impose a new road blockade on MMG Ltd's Las Bambas copper mine after talks with the company over compensation broke down, a representative of the ombudsman's office said on Tuesday. The community planned to start the blockade at midnight (0500 GMT) on Tuesday, the representative, Americo Contreras, said by phone, citing a document from government officials who mediated the talks that ended without a solution late on Monday. Fuerabamba had blocked MMG from transporting Las Bambas' copper concentrates on a road on its farmland for more than two months earlier this year.

  • Reuters6 days ago

    Zambia seeks 'divorce' from Vedanta over alleged mining breaches

    Zambia plans to strip Vedanta-controlled Konkola Copper Mines (KCM) of its mining licence and bring a new investor into the operation, in a move likely to stoke international miners' concerns about rising government intervention in the sector. Zambian President Edgar Lungu announced the plan on Monday, which his spokesman said followed a number of breaches of the terms of the licence, without giving details. Zambia, Africa's second-biggest copper producer, has also proposed tax changes that Lungu says he will push through, despite opposition from international miners which say they will deter investment that Zambia desperately needs.

  • Nothing Seems to Matter in Copper Markets, Except the Trade War
    Bloomberg6 days ago

    Nothing Seems to Matter in Copper Markets, Except the Trade War

    Zambia’s Eurobond yields surged to a record high and the currency hit a 3 1/2-year low. Zambian President Edgar Lungu is escalating a spat with miners including Vedanta Resources Ltd. and Glencore Plc over the share of royalties the country collects from the extraction of its vast reserves of copper. Nationalizing the assets raises the risk of possible disruptions in an already tight copper market, according to Colin Hamilton, the managing director for commodities research at BMO Capital Markets.

  • Reuters6 days ago

    Malaysia base metals firms plan new group in drive to quell scrap recycling fears

    Malaysia's non-ferrous metals players are joining forces to promote their scrap processing business as clean amid growing environmental alarm over recycling, seeking to cling on to a trade that has grown fast as China's import curbs divert more scrap towards Southeast Asia. "We will set up a Malaysian non-ferrous metal association to promote Malaysia to become a centre for the non-ferrous industry in Southeast Asia," Eric Tan, director of SDM Speciality Chemicals Sdn Bhd., said on Monday.

  • Franco-Nevada Rides on Oil & Gas Prices, Gold Prices a Woe
    Zacks10 days ago

    Franco-Nevada Rides on Oil & Gas Prices, Gold Prices a Woe

    Franco-Nevada (FNV) poised to benefit from mining operations, solid performance of Oil & Gas and focus on acquisitions, despite volatile gold prices.

  • XAU/USD Positive Again Amid Risk Aversion, Disappointing Retail Sales
    FX Empire11 days ago

    XAU/USD Positive Again Amid Risk Aversion, Disappointing Retail Sales

    Gold is trading positive on Wednesday amid risk aversion. Silver and other metals are mixed. The market is waiting for trade war clarifications.

  • Reuters12 days ago

    Australia's St Barbara snaps up Canada's Atlantic Gold for $536 mln

    St Barbara's C$2.90 a share cash offer represents a 39% premium to Atlanta Gold's closing price on Tuesday in a deal that analysts said opened up growth options, but could lead to a call on capital and crimp dividends. The bid, which has the backing of Atlantic's board, comes after Australian gold miner Newcrest Mining Ltd bought a copper and gold mine in Canada for $806.5 million in March and said it had the firepower for more acquisitions. Australian dollar denominated gold is just shy of January's record of A$1,894 an ounce and up about 9% from a year ago, while U.S. dollar gold is virtually flat.

  • Reuters12 days ago

    Australia's St Barbara snaps up Canada's Atlantic Gold for $536 mln

    Australian gold miner St Barbara said on Wednesday it will buy smaller Canadian peer Atlantic Gold Corp for C$722 million ($536 million), marking a second overseas acquisition for cashed-up Australian producers. St Barbara's C$2.90 a share cash offer represents a 39% premium to Atlanta Gold's closing price on Tuesday in a deal that analysts said opened up growth options, but could lead to a call on capital and crimp dividends. The bid, which has the backing of Atlantic's board, comes after Australian gold miner Newcrest Mining Ltd bought a copper and gold mine in Canada for $806.5 million in March and said it had the firepower for more acquisitions.

  • Iran metal exports may be harder to sanction than oil, experts say
    AFP14 days ago

    Iran metal exports may be harder to sanction than oil, experts say

    Iran, hard hit by US sanctions on its oil sales, now faces restrictions on metals exports -- but industry insiders say foreign income from mining and steel will be harder to curb. Tensions are soaring a year after Washington withdrew from a multilateral 2015 deal over Iran's nuclear programme. A US aircraft strike group is heading for the Gulf and Tehran has said it will stop abiding by some restrictions on its nuclear activities.

  • Trade and Tweets: Gold Up as Trump Says No Need to Rush on Trade Deal
    FX Empire16 days ago

    Trade and Tweets: Gold Up as Trump Says No Need to Rush on Trade Deal

    Precious metals are trading positive on the day but most of them are posting losses on the week. Gold is up, but the move looks short-lived.

  • Barrick Gold Falls on 1st-Quarter Results
    GuruFocus.com17 days ago

    Barrick Gold Falls on 1st-Quarter Results

    Shares of Barrick Gold Corp. (GOLD) closed 1.18% lower at $12.57 on Wednesday after the mining company reported first-quarter 2019 results. Warning! GuruFocus has detected 5 Warning Signs with GOLD. Key operations performed well and were in line with Barrick's expectations.

  • Fox Business17 days ago

    What Iran's threat to close Strait of Hormuz means for oil and gasoline prices

    The threats, while they seem a world away, may have a direct impact on your wallet.