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Latest London Metal Exchange News

  • Base and Precious Metals Summary 8 Sep 2008 10:01 GMT
    ... LONDON, Sept 8 (Reuters) - BASE METAL MARKETS > Shanghai copper down 2.5 pct, LME bounces SINGAPORE - Shanghai copper fell more ... lifted sentiment. A 10 percent jump in London Metal Exchange stocks and rises in Chinese copper inventories ...

  • Standard Chartered lowers gold price forecast for 4Q, anticipates higher tend in medium term 8 Sep 2008 09:56 GMT
    ... London's Standard Chartered Bank says it expects most precious metals "to recover some ground in the weeks ... represent some support on the downside for LME prices." Standard's analysis found that the copper ...

  • Crude oil rises amid fresh hurricane threat 8 Sep 2008 06:58 GMT
    ... 1.8%, to US $3.1530 a pound. The metal used in plumbing and electrical wiring dropped ... last week, as inventories monitored by the London Metal Exchange (LME) climbed to their highest since Jan. 8. ...

  • Oil prices dive on hurricane, strong dollar 8 Sep 2008 06:58 GMT
    ... traders said. Commodities futures, notably oil and metals, were also pushed lower by a strong ... a barrel from 115.65 dollars. PRECIOUS METALS: Gold slid below 800 dollars an ounce before ... to 6,889 dollars per tonne on the London Metal Exchange from 7,509 dollars a week ...

  • Big smelters bolster rebound in zinc output 8 Sep 2008 05:21 GMT
    ... Zinc output in China, the world's largest producer, ... fallen 26 percent this year on the London Metal Exchange as demand lags supply, ended at US$1,750 ...

  • Weak spots show in China bastion 8 Sep 2008 03:55 GMT
    ... the week ended 5 September 2008, including gold, silver, iron ore and copper. A number ... for the Chinese economy. OSPRAIE MANAGEMENT LP LONDON METAL EXCHANGE LIMITED DEUTSCHE BANK AG MACQUARIE BANK ...

  • Commodities: Oil, Gold, Copper's Rough Week 8 Sep 2008 03:13 GMT
    ... copper producer (Oz Minerals for example). The metal had its biggest weekly drop since January ... commodity investors also helped send prices lower. London Metal Exchange stocks rose 10% on Friday to 200,875 ... since the start of 2008. On the LME, three month copper fell $US326, or 4.5%, ...

  • Shares surge after Freddie, Fannie rescue 8 Sep 2008 02:16 GMT
    ... 5.93 per cent to $2.50. Mining and metals majors also were up, despite cash metals ... up, despite cash metals suffering on the London Metal Exchange on Friday night. BHP Billiton ... At 11.06am AEST, the spot price of gold was $US813.65 an ounce, up $US14.85 on ...

  • Congo rebels cash in on demand for tin 8 Sep 2008 02:14 GMT
    ... Congo rebels cash in on demand for tin Published: March 5 2008 03:09 | Last ... components – reached a high at the London Metal Exchange of more than $18,000 per metric tonne. ...

  • 10:55amShares surge after US mortgage rescue 8 Sep 2008 01:53 GMT
    ... 5.93 per cent to $2.50. Mining and metals majors also were up, despite cash metals ... up, despite cash metals suffering on the London Metal Exchange on Friday night. BHP Billiton ... At 11.06am AEST, the spot price of gold was $US813.65 an ounce, up $US14.85 on ...

  • Shares surge after US mortgage rescue 8 Sep 2008 01:20 GMT
    ... 5.93 per cent to $2.50. Mining and metals majors also were up, despite cash metals ... up, despite cash metals suffering on the London Metal Exchange on Friday night. BHP Billiton ... At 11.06am AEST, the spot price of gold was $US813.65 an ounce, up $US14.85 on ...

  • US dollar, fears of slowdown take toll on prices 8 Sep 2008 00:28 GMT
    ... the global economy and a strengthening of the US currency weighed on commodity prices. Zinc was the sole base metal to record even a slight gain on the London Metal Exchange in the four sessions to 4 September 2008. UNITED STATES. DEPT OF ...

  • Robin Bromby: Nationals' revival lifts uranium mining 7 Sep 2008 18:00 GMT
    ... Nevada, and Wildhorse Energy (WHE). TURNING to gold in NSW, we note that Friday is ... and molybdenum no longer being untradable. The London Metal Exchange has approved trading in contracts for ...

  • Nationals' revival lifts uranium mining prospects 7 Sep 2008 18:00 GMT
    ... Nevada, and Wildhorse Energy (WHE). TURNING to gold in NSW, we note that Friday is ... and molybdenum no longer being untradable. The London Metal Exchange has approved trading in contracts for ...

  • Asia bourses post biggest weekly slump in 13 months; BHP drops 7 Sep 2008 14:57 GMT
    ... plunged more than 10% this week after metal and crude oil prices tumbled. LG Electronics, ... measure of six metals traded on the London Metal Exchange dropped 6.5% as the slowdown ...


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