Copper climbs as stimulus prompts buying

Copper prices pushed towards two-year highs on Tuesday as focus returned to tight supplies and hopes of stronger demand in top consumer China, where authorities are planning further measures to prop up the economy. Benchmark copper CMCU3 on

Copper prices have outperformed both gold and silver so far this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles. The copper market has reached an “Isaac

Copper prices moved higher on Monday, driven by dwindling raw material supply and investors’ focus on a potential BHP Group-Anglo American deal that would make the world’s largest copper miner. Three-month copper on the London Metal Exchange CMCU3 advanced 0.5%to $10,018.50 per

Copper prices hit a record high on Friday in Shanghai while risingto a two-year high in London after surpassing a strong resistance level of $10,000 a metric ton, backed by investment flows from funds. Three-month copper on the London

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the third quarter of

Jubilee Metals Group has released its operational update and production figures for the quarter ended 31 March 2024 and provides an update on its rapidly expanding partnerships with small-scale copper miners in Zambia. Statement from Leon

Zambia’s copper output could rise to around one million tonnes (mt) a year by 2026 as investment in expanding production at mines continues to add to capacity, the nation’s finance minister, Situmbeko Musokotwane, said on Friday.

In the midst of global supply challenges, copper demand remains robust, propelled by the energy transition and advanced technologies such as artificial intelligence (AI). This mounting demand signals a bullish market trend for the versatile metal,

Abu Dhabi’s International Resources Holding (IRH) has affirmed its commitment to form a joint venture (JV) with Jubilee Metals Group, a diversified metals processor, to undertake a copper waste rock project in Zambia. Additionally, IRH aims

Shares in Jubilee Metals lifted up 3.76% on the JSE Altx to close at R1.38 on Thursday after it reported tolling agreements to February 2027, while construction of a second processor module was on course for

Abu Dhabi’s International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for the implementation of a copper waste rock

International Resources Holding (IRH) has exercised its right to proceed with the establishment of a joint venture (JV) with Jubilee Metals Group to extract copper from a waste rock dump in Zambia. This initiative is set

London copper prices rose on Monday, rebounding from a weekly loss, as the piling up of inventories in top consumer China slowed. Three-month copper on the London Metal Exchange (LME) CMCU3 rose 0.5% to $8,912 a metric ton

Copper hit a fresh 11-month high in London, tracking a rally in US equity markets at the start of a busy week for global central-bank policy. Prices climbed as much as 1% to $9,164.50 a ton

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut. Benchmark three-month copper on the London Metal Exchange