COPPER

TSX ends volatile year with a rally

Toronto's main stock index closed higher on Friday, the last trading day of the year, as financial and resource shares rallied on signs the U.S. economy was recovering, but the jump was not enough to avert the market's first year-on-year decline since 2008.

Wall St rises, helped by data

Wall Street stocks resumed their upward move into year-end on Thursday but the S&P 500 continued to churn around its 200-day moving average as jitters over Europe contrasted with better-than-expected U.S. economic data.

Gold Price Gains of 2011 Evaporating

Gold prices Thursday tumbled to levels not seen since last summer, slashing what just weeks ago had been a gain of more than 20 percent this year to less than 10 percent.

Grasberg Strike Puts Pressure on Local Firm

Pressure built on an Indonesian firm on Wednesday to resolve a local dispute with workers at a Freeport McMoran Copper & Gold Inc. mine that has prompted the union to halt a return to work after a three-month strike.

Gold, Euro in Tight Range, European Stocks up

Rising European stocks and a weaker dollar supported gold Thursday, but the yellow metal remained tethered to the previous day's closing price on light volume and a lack of anything that encouraged risk taking.

Gold, Stocks, Euro Pare Gains after ECB Bank Loans

Gold lost early gains Friday, along with stocks and the euro, as an unexpectedly high number of Eurozone banks queued up for low-interest loans reminded investors of just how widespread Europe's sovereign debt crisis has become.

Afton-Ajax Needs $795M in Investments - Study

KGHM, Europe's No.2 copper producer, and Abacus Mining will need to invest $795 million in their joint Canadian copper and gold project Afton-Ajax, according to a feasibility study cited by KGHM on Wednesday.

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Passers-by walk in front of a stock quotation board in Tokyo

Asian Stocks, Euro Rise on Upbeat Data, Spanish Auction

Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.
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Asian Stocks Rise on Upbeat Data, Spanish Bond Auction

Asian stocks and the euro rose on Wednesday after upbeat U.S. and German data and strong demand for Spanish debt tempered risk-aversion, with investors' focus turning to a European Central Bank tender as a gauge for euro zone funding strains.
Gold sculpture in a Chow Tai Fook store

Gold, Silver Surge on Housing Data

Gold prices rose Tuesday with other commodities and global equities on unexpected signs the U.S. housing market is turning around and continued improvement in the Eurozone.
Man is reflected on an electronic board displaying stock prices outside a brokerage in Tokyo

Asia Stocks and Euro Edge up After Selloff

Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.
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Technical Issues Delay Grasberg Workers Return

Striking workers at Freeport McMoRan Copper & Gold Inc's giant Indonesian mine delayed on Saturday until next week a plan to go back to work after a three-month strike because of technical issues, a union spokesman said.
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Peru's Pres. Slips in Polls after Mine Protests

Peruvian President Ollanta Humala's approval rating fell for the third straight month in December to 47 percent after fierce protests against a mining project sparked his government's first crisis, pollster Ipsos Apoyo said on Sunday.
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