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Pres. Trump's call on Congress to provide $2T for U.S. infrastructure is lifting steel and copper stocks sharply higher. More news on: Cleveland-Cliffs Inc., United States Steel Corporation, Commercial Metals Company, Commodities news, Stocks on the move, News on ETFs, Read more ... ...
UBS recommends investors buy Americas copper producers, predicting one quarter of copper price weakness will be "followed by six quarters of strength." More news on: Freeport-McMoRan Inc., Southern Copper Corporation, Grupo México, S.A.B. de C.V., Commodities news, News on ETFs, R...
Copper prices ( HG1:COM ) leads a bounce in industrial metals, surging more than 6% on the back of a new wave of U.S. economic stimulus and supply restrictions stemming from coronavirus-related shutdowns, but analysts expect the market's gains will prove short-lived. More news on: Copper...
Copper futures -2.7% to $4,572/metric ton on the London Metal Exchange, extending the metals ~25% YTD swoon amid demand destruction caused by the coronavirus. More news on: Freeport-McMoRan Inc., BHP Group, Southern Copper Corporation, Commodities news, Stocks on the move, News on ETFs, ...
Union members at BHP 's Spence copper project in Chile walked off the job today, demanding stricter measures to safeguard worker health due to the coronavirus. More news on: BHP Group, iPath Bloomberg Copper Subindex Total Return ETN, Global X Copper Miners ETF, Commodities news, News on ...
Copper prices plunge to the lowest levels in four years , down as much as 8% to $4,371/metric ton in Asia trading amid forecasts that the coronavirus will cause huge damage to global industrial production. More news on: Teck Resources Limited, Freeport-McMoRan Inc., BHP Group, Commoditie...
Copper is a base metal that is a building block for infrastructure around the world. Copper is also a barometer of the overall health and wellbeing of the global economy. As the world has come down with a case of Coronavirus with no treatment or vaccine, the health of the globe has deteriorate...
Workers at BHP's ( BHP -11.8% ) Escondida copper mine in Chile say they want authorities to shut down the site unless management begins to implement stricter measures to prevent the spread of the coronavirus. More news on: BHP Group, iPath Bloomberg Copper Subindex Total Return ETN, Gl...
Mining stocks are set to suffer today from tumbling metal prices, as stimulus measures fail to improve investor confidence over the rapidly deteriorating global economic outlook. More news on: Rio Tinto Group, BHP Group, Vale S.A., Commodities news, Stocks on the move, Top stock market new...
Newmont ( NEM +11.5% ) says it will ramp down operations at its Yanacocha gold mine in Peru, after the government imposed a 15-day national quarantine to stop the spread of coronavirus. More news on: Newmont Corporation, Compañía de Minas Buenaventura S.A.A., Anglo American p...