Copper Creek Gold Corp


Short covering flatters to deceive

Aug. 12-16 at a Glance- Copper prices remain more cushioned on the downside, owing to a shortage of raw materials, but a test of the January low of US$1,434 per tonne is still likely in the current en…


Drop in prices points to economic double dip

Aug. 5-9 at a glance- Copper prices have failed to gain from any risks associated with fund short-covering and remain in the crucial support area of US$1,500 per tonne.- Aluminum has found good suppor…


Equities slump drags down metals prices

July 29-Aug. 2 at a Glance- Copper prices were heavily oversold and funds were close to their limits on the short side. Consequently, support at US$1,495-1,500 per tonne should hold, though upside pot…


Consumer buying augurs well for metals

Metals prices continued to move in lock step with equity market indices for the time being. This is not the usual picture in the early stages of an economic upturn. Weak equity markets have not hamper…


Weak equity markets threaten metals

Base metals prices fell sharply during the report period July 15-19, erasing most of the gains made in aluminum and copper since the rally of late May and early June. However, the LME index of all bas…


Base metals demand poised to improve

While the main global themes of collapsing equity markets and dollar weakness continue to dominate the headlines, it is perhaps not surprising that some positive developments in base metals raw materi…


Stronger prices tied to US recovery

Base metals markets traded sideways in thin volumes during the report period July 1-5 as U.S. stock markets and the U.S. dollar regained some poise.A more stable outlook for U.S. financial markets wou…


Base metals withstand US corporate scandal

Don’t panic.On the morning of Wednesday, June 26, in the wake of the latest example of gross U.S. corporate misgovernance, it would have taken a brave person to bet on base metals markets ending the w…


Demand outlook positive for metals markets

Although prices managed to recover by Friday, June 21, the overall performance, especially by base metals, was poor during the week under review.The precious metals complex continued to fare slightly …


Copper, aluminum lead base metals

A late rally on Friday, June 14, prevented copper and aluminum from giving up all of the gains made over the previous two weeks, but they still look set to lead the base metals complex lower over the …


Better fundamentals prop up base metals prices

So far in the second quarter, base metals have turned in a disappointing performance. But although the prospects for a concerted recovery in prices over the second half of the year are tentative at be…


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