Copper

TSX nears six-year high before Easter, April 14-17 

Source: Print Archives | 2014-04-23
The Toronto stock market had a strong run heading into the Easter holiday, with the S&P/TSX Composite Index gaining 24 points to 14,500.39, nearing a six-year high on the back of positive Chinese and U.S. economic data.

Rio Tinto struggles with Pilbara iron ore, Oyu Tolgoi 

Source: Print Archives | 2014-04-23
VANCOUVER — Despite setting production records during the first quarter, Rio Tinto (NYSE: RIO; LSE: RIO) is not off to the best start to 2014. The company struggled with bad weather at its iron-ore operations in Western Australia,...

Trafigura deal gives Mawson the money to complete Kapulo

Source: Daily News | 2014-04-18
VANCOUVER – An offtake agreement with a US$50-million prepayment has given Mawson West (TSX: MWE) the funds it needs to finish building its Kapulo mine in the Democratic Republic of Congo.

Royal Nickel buys 25% of Sudbury Platinum for $1.5M

Source: Daily News | 2014-04-17
Toronto-based explorer Royal Nickel (TSX: RNX) has seen its shares climb more than 50% in the past week, after providing the market an upbeat outlook on nickel prices and announcing that it has acquired a minority interest in a private company...

Copper market headed for surplus, GFMS says 

Source: Print Archives | 2014-04-16
Up until the recent sell-off, there had been a prolonged run for copper prices. And the latest survey from Thomson Reuters GFMS says the recent drop in copper prices may not be a blip, but a sign of more weakness to come.  

TSX dips, April 7-11  

Source: Print Archives | 2014-04-16
The S&P/TSX Composite Index fell 135.41 points during the trading week to close at 14,257.69. The S&P/TSX Capped Diversified Metals & Mining Index jumped 12.55 points to 814.81. The S&P/TSX Global Gold Index slipped 1.07 points...

Chinese consortium buys Las Bambas 

Source: Print Archives | 2014-04-16
A Chinese consortium led by MMG, an arm of state-owned China Minmetals Group, is buying Glencore Xstrata’s (LSE: GLEN) enormous Las Bambas copper project in Peru for US$5.85 billion in cash.

Augusta's Clausen on Hudbay bid, other suitors 

Source: Print Archives | 2014-04-16
Nine interested parties — including a number of “significant industry players” — have signed confidentiality agreements to review the Rosemont copper project in Arizona, Augusta Resource (TSX: AZC; NYSE-MKT: AZC) says.

Turquoise Hill, Rio Tinto expect a delay in Oyu Tolgoi's financing  

Source: Print Archives | 2014-04-16
Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) CEO Kay Priestly says “good progress continues to be made” with the Mongolian government to resolve outstanding shareholder issues at the company’s 66%-held Oyu Tolgoi...

Copper production surplus expected for2014-15: ICSG 

Source: Print Archives | 2014-04-16
The following copper market forecast for 2014 and 2015 was released by the Lisbon-based International Copper Study Group (ICSG). For more information on the ICSG, visit www.icsg.org.

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