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Tag: copper mining companies

3 Copper ETFs

3 Copper ETFs

There’s more than one way to invest in copper. In addition to buying shares of copper mining companies, investors can gain exposure to the red metal through copper ETFs.

Zambia Removes Copper Export Tax Restriction

The Wall Street Journal reported today that Zambia has done away with a controversial tax restriction on copper exports. The rule change will end an ongoing standoff with companies, with miners set to receive millions in tax refunds.

Top 10 Copper Producers of 2011

With Glencore International’s takeover of Xstrata still up in the air, Codelco, Freeport-McMoRan, and BHP Billiton continue to be the world’s top three copper producers. Producers expect copper prices to rise in coming months on expectations of a global economic rebound, and many will be increasing output.

Copper Declines on India’s Rate Hike

Copper futures declined Tuesday morning, back-tracking from Monday’s gains as traders were skeptical over the state of the economic recovery. On the COMEX, March copper tumbled 2.3 percent, to $4.25 a pound. Copper ended up for a second consecutive day on Monday, as market sentiment focused on dwindling copper stockpiles.

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