Tag: Copper

Robert Friedland’s Inscrutable African Assets

The mystery continues.

Party like it’s 2006-7. Here Come the Mining Deals With a Corker for HudBay

The transaction is one we like for being an example of sensible deal-making in the sector, in contrast to the problems we’ve highlighted in the precious metals sector.

D.R. Congo Reaps Bonanza From Tenke Arm Wrestling

D.R. Congo’s state mining buccaneer, Gecamines, has won a sweet deal for Freeport McMoran [US:FCX] and Lundin Mining [CA:LUN] to hold on to the Tenke Fungurume copper-cobalt project.

Tenke was commissioned in March 2009. At full capacity annual production is expected to reach nearly 300 million pounds of copper and 18 million pounds of cobalt. At current prices that output is worth $3.3 billion gross. This year’s production is estimated at 250 million pounds.

Watch Out For That Curve - Precious & Industrial Metal Futures Curves

The term structure of commodities futures have been the source of much debate between Keynesians and classical economists. It is no small argument since futures curves are frequently used to forecast prices for commodities like gold, oil and copper.

Marathon PGM Owners Offered a Bundle. Is it Enough?

On the face of it, the deal is a steal for Stillwater. But be cautious.

Hold the Excitement on Afghanistan’s Mineral Treasures

ST. LOUIS (MineFund.com) — Well done to Foreign Policy for knocking down the New York Times’ suspiciously timed and super bullish story on Afghanistan’s unmined minerals.

2009 was a shocking year for commodities, 2010 can only be better

Do you know which commodities performed best in 2009? Have a look at our tables and charts to find out.