WA Business News  4 hrs ago  Comment 
Copper and gold miner Sandfire Resources has increased its stake in Montana-based copper play Tintina Resources by 4 percentage points to 61 per cent in a $C4.2 million ($4.1 million) deal.
newratings.com  6 hrs ago  Comment 
LONDON (dpa-AFX) - Anglo American plc (AAUKY.PK, AAL.L) Tuesday reported that its third-quarter iron ore production from Kumba increased 3 percent to 11.8 million tonnes due to productivity improvements at Sishen following its restructuring....
TechCrunch  Oct 24  Comment 
 The very long wait is over, hackathon fans. Disrupt London 2016 is just around the corner, and we’re thrilled to announce the release of the first wave of tickets to the Disrupt London Hackathon. The Hackathon takes place December 3-4 at...
Clusterstock  Oct 21  Comment 
Copper is not a good doctor. Investors believe that the metal's price is a reliable way to gauge the health of the global economy, and have nicknamed it "Dr. Copper" for this reason. Copper is found in things like electrical cables, roofing,...
The Australian  Oct 20  Comment 
OZ Minerals has lowered gold guidance in the wake of last month’s SA power outage, as it prioritised copper output.
The Australian  Oct 20  Comment 
Rio Tinto has cut iron ore and copper foreacsts as it struggles to get its Pilbara port and rail works humming.
SeekingAlpha  Oct 19  Comment 
The Hindu Business Line  Oct 19  Comment 
Last week the copper futures contract traded on the Multi Commodity Exchange (MCX) plunged 2.6 per cent, breaking through a key support at ₹320/kg and its 200-day moving average at ₹318.5. With this ...
Reuters  Oct 19  Comment 
Democratic Republic of Congo state miner Gecamines has challenged Freeport McMoRan Inc's sale of its majority stake in the Tenke copper mine at the International Court...


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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