Copper up on dollar

Copper prices rose on Thursday as a softer dollar and worries about a strike in Chile spurred purchases, but plans by top consumer China to manage the supply, demand and prices of commodities capped gains.

Benchmark copper on the London Metal Exchange was up 0.5% at $10,056 a tonne at 1558 GMT. However, prices of the metal used widely in power and construction are down 6% since hitting a record $10,747.50 a tonne earlier in May.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Jubilee Metals Group Plc

More articles like this

Jubilee Metals Group plc

Jubilee on track to meet guidance with strong Q1 performance

Johannesburg and London-listed Jubilee Metals Group, which has a portfolio of assets in South Africa and Zambia, says it achieved a strong operational performance for the first quarter ended September 30, and remains on track to deliver against

Jubilee Metals Group plc

Jubilee Metals reports strong Q1 FY2024 operational performance

Jubilee Metals released its Q1 FY2024 operational report, showcasing robust performance and a positive outlook for the year. Operational Highlights: Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of

Jubilee Metals Group plc

Copper set for second straight weekly gain

Copper prices rose on Friday and were on track for their second straight week of gains, as a weaker dollar propped up subdued sentiment following poor economic data from top metals consumer China. Three-month copper on

Jubilee Metals Group plc

South African metals group awarded JV copper/cobalt slag project in Zambia

A diversified South African metals processing business that has expanded into Africa, on Tuesday announced that it had been awarded a copper slag project that will be executed in joint venture (JV) collaboration with a Southern African mining company. JSE AltX-listed and London Aim-quoted Jubilee

Jubilee Metals Group plc

The role of mining in the circular economy

Achieving a truly circular economy is a shared goal requiring collaboration among stakeholders from various sectors, including the copper industry and its value chain. Circular principles, already in practice at many mine sites to reduce waste

Jubilee Metals Group plc

Innovative copper, cobalt tailings treatment encouraging

The technical team of Jubilee Metals Group is innovating a waste leach circuit for the treatment of copper and cobalt tailings, as part of its Northern Refining copper strategy in Zambia. The development phase has commenced

Jubilee Metals Group plc

Jubilee Metals Group welcomes the arrival of Neal Reynolds

Jubilee Metals Group PLC (LON:JLP; Altx: JBL), a leader in diversified metals processing, with operations in Africa, has announced that it will publish its audited annual results for the year ended 30 June 2023 on Wednesday 11

Jubilee Metals Group plc

Circular Copper

A truly circular economy reduces the consumption of natural resources, energy use, waste and greenhouse gas (GHG) emissions. Copper plays a key role in the transition to a clean and circular economy. This Transition will drive

Jubilee Metals Group plc

What is the outlook for PGM’s?

What is the outlook for platinum group metals (PGMs) in H2 2023, leading into 2024? Platinum, palladium, and rhodium all benefited from a deficit market in 2023, the bulk impact of which will be felt in

Jubilee Metals Group plc

Platinum metals are catalysts for change

After 50 years of scrubbing the emissions from fossil-fueled transportation and industry, platinum group metals are finding new roles as catalysts for the transition to a low-carbon energy future. “Platinum group metals (PGM) are critical for

Jubilee Metals Group plc

Copper firms ahead of interest rate decisions

Copper prices rose on Thursday as China’s measures to support economic recovery helped to alleviate price pressure from high inventories while the market awaits interest rate decisions in the euro zone and China. Three-month copper CMCU3 on the London Metal