HG=F - Copper Jul 18

COMEX - COMEX Delayed Price. Currency in USD
3.0755
-0.0205 (-0.66%)
As of 3:16PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2018-07-27
Open3.1020
Bid3.0755
Last Price3.0960
Day's Range3.0690 - 3.1170
Volume85,016
Ask3.0760
  • TSX dips as lower oil prices weigh on energy stocks
    Reuters5 hours ago

    TSX dips as lower oil prices weigh on energy stocks

    (Reuters) - Canada's main stock index dipped on Friday for the fourth straight day, as a more than 2 percent drop in oil prices pushed energy stocks lower. * At 9:48 a.m. ET (1348 GMT), the Toronto Stock Exchange's S&P/TSX Composite Index was down 27.44 points, or 0.17 percent, at 16,086.18. * Oil prices fell as Saudi Arabia and Russia said they were ready to ease supply curbs that have pushed crude prices to their highest since 2014.

  • Weaker Greenback Boosts Demand for Dollar-Denominated Copper, Gold
    FX Empire16 hours ago

    Weaker Greenback Boosts Demand for Dollar-Denominated Copper, Gold

    Helping to boost foreign demand for dollar-denominated copper was a weaker U.S. Dollar. The Greenback was pressured by profit-taking tied to dovish Fed minutes and the dumping of risky assets due to the cancellation of the widely anticipated summit between the United States and North Korea, scheduled for June 12.

  • Reuters22 hours ago

    Electric vehicles seen driving cobalt crunch by mid-2020s

    The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up mines outside Africa could play a bigger role over time in satisfying demand for the metal used in rechargeable batteries. The Democratic Republic of Congo (DRC) produces nearly two-thirds of the world's cobalt as a by-product of its copper mines and is taking an increasingly confrontational stance toward foreign mining companies, including a new mining code that hikes royalties and taxes. While supplies from Congo are expected to remain the most important factor in global supply for years, exploration and development companies at the 2018 Cobalt Institute conference in Las Vegas this week said potential buyers looking to lock in supplies were eager for projects in other countries.

  • Electric vehicles seen driving cobalt crunch by mid-2020s
    Reutersyesterday

    Electric vehicles seen driving cobalt crunch by mid-2020s

    The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up mines outside Africa could play a bigger role over time in satisfying demand for the metal used in rechargeable batteries. The Democratic Republic of Congo (DRC) produces nearly two-thirds of the world's cobalt as a by-product of its copper mines and is taking an increasingly confrontational stance toward foreign mining companies, including a new mining code that hikes royalties and taxes. While supplies from Congo are expected to remain the most important factor in global supply for years, exploration and development companies at the 2018 Cobalt Institute conference in Las Vegas this week said potential buyers looking to lock in supplies were eager for projects in other countries.

  • E-mini S&P 500 Index (ES) Futures Technical Analysis – May 24, 2018 Forecast
    FX Empireyesterday

    E-mini S&P 500 Index (ES) Futures Technical Analysis – May 24, 2018 Forecast

    Based on the early trade, the direction of the index today is likely to be determined by trader reaction to the short-term pivot at 2721.00.

  • Reutersyesterday

    MCX launches India's first silver options

    MUMBAI (Reuters) - India's Multi Commodity Exchange (MCX) said it launched the country's first silver options contracts on Thursday.

  • Reutersyesterday

    Jet engines help power cobalt to 10-year highs

    The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it is used in rechargeable lithium-ion batteries, already a major source of demand. Supply issues were reinforced in January when a cyclone disrupted output at the Ambatovy operation in Madagascar, helping fuel a rally which has taken prices of cobalt metal (COB-CATH-LON) to 10-year highs above $44 per lb.

  • DAX Index Crashes Lower on Risk-Off
    FX Empireyesterday

    DAX Index Crashes Lower on Risk-Off

    The DAX index has crashed lower on the back of global risk sentiment

  • Protests, miscarriages, deaths: Sterlite Copper’s 20 years in Thoothukudi
    Quartzyesterday

    Protests, miscarriages, deaths: Sterlite Copper’s 20 years in Thoothukudi

    The port town of Thoothukudi in southern Tamil Nadu, home to India’s largest copper smelter, is today the site of much violence and anger. For more than 100 days now, locals have been protesting against the expansion of the smelter operated by UK-based Vedanta Resources’ subsidiary, Sterlite Copper. But the months-long peaceful demonstrations turned violent…

  • Reuters2 days ago

    Deadly protests land a blow to Indian resources magnate Agarwal's ambitions

    Indian billionaire Anil Agarwal often talks about his dream to turn his London-listed company Vedanta Resources (VED.L) into a global resources giant. The struggle with opponents took a particularly ugly turn on Tuesday when police opened fire on protesters seeking to shut down Vedanta's copper smelter in the southern Indian port city of Thoothukudi, killing 10.

  • Deadly protests land a blow to Indian resources magnate Agarwal's ambitions
    Reuters2 days ago

    Deadly protests land a blow to Indian resources magnate Agarwal's ambitions

    Indian billionaire Anil Agarwal often talks about his dream to turn his London-listed company Vedanta Resources into a global resources giant. The struggle with opponents took a particularly ugly turn on Tuesday when police opened fire on protesters seeking to shut down Vedanta's copper smelter in the southern Indian port city of Thoothukudi, killing 10.

  • Investing.com2 days ago

    Gold Prices Flat as Geopolitical Uncertainty Offsets Dollar Pressure

    Investing.com – Gold prices traded flat on Tuesday pressured by a rally in the dollar to six-month highs but losses were limited as rising geopolitical uncertainty triggered demand for safe-haven assets.

  • Macallan’s New $186 Million Distillery Will Have 952 Bottles of Whisky to Taste
    Fortune2 days ago

    Macallan’s New $186 Million Distillery Will Have 952 Bottles of Whisky to Taste

    A space-age structure located on the brand’s Easter Elchies estate in Scotland.

  • Should Doctor Copper Be Thanking Xi-Trump Bonhomie?
    Market Realist2 days ago

    Should Doctor Copper Be Thanking Xi-Trump Bonhomie?

    Freeport-McMoRan Is Up ~13% in May: Can Hot Streak Continue? While commodities generally follow the underlying supply-demand dynamics in the long term, according to some observers, copper prices also tend to reflect macro developments. Copper has been dubbed as “doctor copper” because many market observers see copper prices as a reflection of the global economy.

  • Eldorado Gold Stock Skyrocketed on May 22
    Market Realist2 days ago

    Eldorado Gold Stock Skyrocketed on May 22

    Eldorado Gold (EGO) stock suffered a great deal in 2017 due to the standoff with the Greek government and some technical issues at its Turkey mines. The VanEck Vectors Gold Miners ETF (GDX) and the SPDR Gold Shares (GLD) fell 3.9% and 0.9%, respectively, YTD. Agnico Eagle Mines (AEM), Yamana Gold (AUY), and IAMGOLD (IAG) returned -7.2%, -8.0%, and 3.3%, respectively.

  • Which Mining Company Is the Best Dividend Stock?
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    Here are the best mining stocks for investors who like healthy dividends.

  • Reuters2 days ago

    Mining companies still reluctant to tap Argentina deposits

    Despite Argentine President Mauricio Macri's pro-business policies, international mining companies are still reluctant to invest in Argentina amid a lack of regulatory clarity. More than two years into Macri's term, the country's dormant gold, silver, lithium and copper reserves -- some discovered more than half a century ago -- remain mostly untapped. "Conditions in Argentina are not sufficient for a company to take on the risk of staying here 30 years," Mining Secretary Daniel Meilan told Reuters in an interview.

  • Investing.com3 days ago

    Gold Prices Edge Lower as Dollar Claws Back Losses

    Investing.com – Gold prices traded roughly unchanged on Tuesday as the dollar’s rebound from session lows kept a lid on upside momentum in the precious metal ahead of the release of the Federal Reserve’s May meeting minutes.

  • Gold Prices Hold Near 2018 Low
    Investing.com3 days ago

    Gold Prices Hold Near 2018 Low

    Investing.com - Gold prices inched higher on Tuesday as increased risk appetite limited gains in the precious metal, keeping it close to the low for the year hit a day earlier.

  • Crude Oil Is Strong, Dollar Pulls Back and Supports Metals
    Market Realist3 days ago

    Crude Oil Is Strong, Dollar Pulls Back and Supports Metals

    After gaining for three consecutive trading weeks, crude oil started this week on a stronger note by surging to 3.5-year high price levels. Carrying forward the strength, crude oil opened higher on May 22 and consolidated at elevated levels in the early hours.

  • Rio Tinto presses Mongolia to shore up copper investment
    Reuters3 days ago

    Rio Tinto presses Mongolia to shore up copper investment

    ULAANBAATAR/LONDON (Reuters) - Rio Tinto on Tuesday called on the Mongolian government to honor the contracts that underpin its Oyu Tolgoi copper project and said the mining world was watching, as anxiety mounts after a series of high-profile arrests. Mongolia's anti-corruption agency has arrested two former prime ministers and a former finance minister over an investigation into suspected misuse of power by officials during negotiations linked to Oyu Tolgoi contracts. Investigators have not said Oyu Tolgoi operator Rio Tinto has done anything wrong and some analysts say the allegations are politically motivated.

  • Rio Tinto presses Mongolia to shore up copper investment
    Reuters3 days ago

    Rio Tinto presses Mongolia to shore up copper investment

    ULAANBAATAR/LONDON (Reuters) - Rio Tinto (RIO.L) (RIO.AX) on Tuesday called on the Mongolian government to honour the contracts that underpin its Oyu Tolgoi copper project and said the mining world was watching, as anxiety mounts after a series of high-profile arrests. Mongolia's anti-corruption agency has arrested two former prime ministers and a former finance minister over an investigation into suspected misuse of power by officials during negotiations linked to Oyu Tolgoi contracts. Investigators have not said Oyu Tolgoi operator Rio Tinto has done anything wrong and some analysts say the allegations are politically motivated.

  • Crude Oil Jumps after U.S. Secretary of State Pompeo’s Remarks on Iran Strategy
    FX Empire4 days ago

    Crude Oil Jumps after U.S. Secretary of State Pompeo’s Remarks on Iran Strategy

    Crude oil futures surged on Monday, hitting a 3.5 year high on geopolitical concerns over Iran and Venezuela that could lead to supply disruptions.

  • Investing.com4 days ago

    Gold Prices Rise From Lows as Dollar Pares Gains

    Investing.com – Gold prices rose from lows on Monday on dollar weakness but remained under pressure amid easing trade war fears and signs of waning demand for the yellow metal.

  • Reuters4 days ago

    MCX launches India's first copper options

    MUMBAI (Reuters) - India's Multi Commodity Exchange (MCX) said it launched the country's first copper options contracts on Monday. Three contracts expiring in June, August and November with a lot size ...