Business
Copper price heads for biggest weekly gain in two months – MINING.COM – MINING.com
Goldman Sachs this week raised its 12-month target for copper to $11,000 a tonne, while Citi recommended clients take on bullish copper exposure over the next few…
Copper for delivery in May was down 1.2% in afternoon trade, with futures at $4.1675 per pound ($9,165 a tonne) on the Comex market in New York.
Click here for an interactive chart of copper prices
The Chinese data are only really good at first glance … momentum has cooled to some extent, Commerzbank analyst Daniel Briesemann told Reuters.
Optimism on stock markets was supporting metals and strong demand during the second quarter Chinas traditional construction season could lift copper further in…
-
Noosa News21 hours ago’Lethal new opioids’ prompt Wide Bay pill testing call
-
General17 hours agoInternal Revenue Service starts cutting 20,000 workers
-
Noosa News17 hours agoMan killed, woman seriously injured in collision in Wongabel, Atherton Tablelands, Queensland
-
Noosa News16 hours agoMoreton Bay oyster farm survives cyclone with help of wave wall innovation