Charts: Copper surplus in the US conceals refining issues
U.S. Copper Production: Potential vs. Processing Limitations The United States manages to produce more raw copper than it actually requires, yet it sits at a disadvantage with its processing capabilities. This gap means that manufacturers often rely on smelters from other countries, according to a recent report. Benchmark Mineral Intelligence highlights that the U.S. can […]
Copper prices: Pressures increase as worldwide smelting operations reach ten-year low
Stock image. Copper prices experienced a rise through 2025, albeit with significant fluctuations, largely impacted by supply disruptions in Indonesia and South America resulting from tariff issues. However, the prices have declined again this year. On Thursday in New York, copper for March delivery dropped over 3%, settling at $5.78 per pound ($12,740 per tonne), […]
Midnight Sun emerges in the copper region of Zambia and the DRC, where major powers unite.
Adrian Carolko, vice president of exploration, and Kevin Bohnell, chief operating officer, are examining the core of the Dambuwa target. Midnight Sun Mining, a Canadian exploration company, has recently announced its first resource in the Zambia-Congo Copperbelt. This area is currently seeing a surge in investment reminiscent of Cold War dynamics, which is pushing copper […]
Reasons Copper Might Perform Better Than Gold and Silver in 2026
The assessment hinges on solid data rather than emotions. Demand is structural. Supply is lacking. Currently, global copper demand is approaching 25 million tonnes annually. To meet decarbonization and electrification goals, this figure is expected to nearly double in the next few decades. Electric vehicles require significantly more copper compared to traditional internal combustion engine […]
Copper Drops as LME Trading Pause Concludes a Chaotic Week for Metals
Copper Prices Drop After Unusual Trading Week (Bloomberg) — Copper prices dropped from a peak, wrapping up a hectic week for the metal characterized by intense trading, significant gains, and a delay at the London Metal Exchange (LME). The LME, the largest metals exchange globally, opened at 10 a.m. Hong Kong time on Friday after […]
Copper rises in an ‘unsustainable’ rally, alongside silver and gold in the 2026 metals excitement.
Silver and gold have been reaching all-time highs, and copper is following suit, breaking records as well. This growth in metal markets is shaping the trading landscape of 2026. Copper futures have jumped by as much as 10%, hitting prices over $13,000 per tonne. Factors like supply chain disruptions, evolving trade policies, and surging demand […]
China’s Demand for Metals Drives Copper Prices Above $14,500 a Ton
(Bloomberg) — Copper prices experienced their largest increase in over 16 years, driven by a surge of buying from Chinese investors, resulting in one of the most significant market movements in history. Prices climbed as much as 11%, exceeding $14,500 per tonne for the very first time, before sharply declining on Thursday afternoon. The commodity, […]
Man Reportedly Attempts to Steal Copper Wire, Suffers Electrocution and Passes Away
Man Electrocuted in Attempted Copper Wire Theft A man died on Wednesday after being electrocuted while allegedly trying to steal copper wire from a vacant senior housing complex in Philadelphia. The man, whose identity remains unknown, reportedly broke into the Bris Sholom residence located in West Philadelphia’s Winefield Heights. Kelvin Jeremiah, the president and CEO […]
Thieves Reportedly Took Copper Wire From Streetlights, Leaving Whole Blocks Without Light
Copper Wire Theft Darkens Los Angeles’ Miracle Mile On Monday, thieves reportedly stole copper wire from a streetlight in Los Angeles, causing entire blocks along the Miracle Mile to lose power. According to CBS News, the suspects pulled wires from a utility box, leading to a blackout that affected at least two blocks. Local resident […]
Thieves steal copper wire, leaving LA’s Miracle Mile in the dark
Thieves targeted an iconic section of Wilshire Boulevard in the Miracle Mile area, a vibrant district in downtown Los Angeles, by cutting off the streetlights, according to local reports. Residents reported that robbers stripped electrical wires from the streetlight poles, leaving part of the block completely dark on Monday night. Several streetlights were out along […]