New York Times  7 hrs ago  Comment 
The hue in the pool was almost certainly caused by algae; metals, probably copper; or both. But how that much entered hasn’t really been answered.
Reuters  Aug 15  Comment 
* Lowell Copper, Gold Mountain Mining and Anthem United announce a proposed combination to create a new multi-asset gold and copper company
The Australian  Aug 14  Comment 
Melbourne-based miner MMG is going full speed in ramping up its Las Bambas copper mine in Peru.
Reuters  Aug 11  Comment 
Glencore has shelved plans to sell a copper mine in Chile that was expected to fetch about $500 million, after failing to achieve a high enough price, according to people familiar with the situation.
The Economic Times  Aug 11  Comment 
The company says the subsidiary was set up with an objective to understand and address challenges in India’s commodity and metals industry.
The Australian  Aug 11  Comment 
Glencore has lowered annual production guidance for coal and oil, but flagged higher copper output.
newratings.com  Aug 11  Comment 
LONDON (dpa-AFX) - Commodities trader Glencore International Plc. (GLCNF.PK, GLNCY.PK, GLEN.L) reported Thursday that its own sourced copper production in the first half of 2016 was down 4 percent from the year-ago period to 703,000 tonnes. The...
The Hindu Business Line  Aug 10  Comment 
Last week, the copper futures contract traded on the Multi Commodity Exchange (MCX) plunged 3 per cent to close at ₹319.7 per kg. It currently tests a key support at ₹320 levels. On Wednesday, the co...
Automotive World  Aug 10  Comment 
Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, increased its business slightly from its own resources in the first half of 2016. However, adverse effects involving the price of...
The Australian  Aug 9  Comment 
Oz Minerals says studies for two new projects remain on track, as it booked a strong lift in half-year revenue.


Copper is a metal used extensively as a heat and electrical conductor, as well as a component in metal alloys, most notably brass and bronze. Annual world production is projected to 18.4 million metric tons in 2008.[1]

Copper is used extensively for electrical wiring and plumbing in buildings. A good overview on the use of copper can be found on the webpage of the International Wrought Copper Council (IWCC).

Copper is known to have antimicrobial properties. It is also an important nutrient. It is widely believed that copper jewelry can help wearer conquer diseases.

The chart at left shows continuos front-month futures prices for High Grade Copper traded on the COMEX.

Prices and Delivery Dates

High Grade Copper futures contracts are traded on the COMEX under ticker symbol HG and are delivered every month of the year. (For more information on commodity tickers, check out the commodity ticker construction page.)

Copper Producers

The four largest copper producers are[2]

Key Trends and Forces

Global Economic Downturn

The usage of copper may be significantly reduced in the current downturn.

Emerging Economies

Improving living conditions and expansion of infrastructure require electrification of houses, manufacturing facilities, and offices. Further copper is required in electrical powerplants, transformation and transport of the energy and for the extension of public transport.

New Electrification Wave

Improved comfort functions and hybrid powertrains require increased amounts of copper to be build into vehicles. Plugin hybrids are going to increase the demand for electric power from the grid. The use of solar panels on buildings increases copper usage in the building sector.



  1. International Copper Study Group - Forecast 2008/2009, October 2008
  2. Freeport McMoRan Presentation, November 2008
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