Copper rose to fresh four-month highs after the US Federal Reserve announced another aggressive stimulus plan, <i>Reuters</i> has reported. Copper fetched $US7958.75 per tonne on the London Metal Exchange at the start of the week before reaching $8059/t today. <i>Reuters</i> said copper has broken out above $8000/t in a burst of optimism regarding the $157 billion worth of infrastructure planned in China and fresh measures being taken to tackle the euro zone debt crisis.
Already have an account? Sign in here
Looking for the industry's top publication for ASX-listed mining activities and market trends? MiningNews.net gives you instant access to breaking news, resources and commodities updates, and award-winning, expert commentary.
Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.
View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.
Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.
Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.
Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
