December Metal News

 
Moneycontrol.com
METALS-Copper up from 4-1/2 month low, EU data weighs
Reuters
In other metals, aluminium traded up at $2018 a tonne from a close at $2010 on Wednesday, having earlier hit its lowest level since December at $1968.75. China's top aluminium-producing province has idled about 700000 tonnes of capacity in recent ...
Copper sinks to multi-month lows on Greek exit fearCNBC.com
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Copper drops to four-and-a-half month low on debt crisis fearsBusinessLIVE

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Forbes
In For A Penny: Metal Theft Crimes Cost Consumers And Insurers
Forbes
A total of 25083 insurance claims related to metal thefts were identified in the latest NICB metal theft report, which covers the period from January 1, 2009 through December 31, 2011. This was an 81 percent increase on the 13861 claims identified in ...


 
Have base metal ETFs finally hit bottom?
NASDAQ
Aluminum in particular has already cracked December support, so there's minimal comfort baked into that side of the DBB portfolio. Zinc is as yet impossible to trade on its own in ETF form but raw base metal prices don't look much better than what ...

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Platinum Miners Retreat as Metal Declines: Johannesburg Mover
Bloomberg
Lonmin Plc (LMI), the third-largest platinum producer, slid 5.1 percent to the weakest since December 2008. Impala Platinum Holdings Ltd. (IMP) retreated 3.9 percent. Platinum declined 1.9 percent to the lowest since Jan. 6, as commodities dropped for ...

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Resource Investor
PRECIOUS METALS: Comex Gold Rebounds After December Lows Hold
Wall Street Journal
By Matt Day Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Gold futures rebounded on Thursday, as some investors who had bet on declining prices closed those positions after the metal slumped to a 10-month low. The most actively traded contract, ...
Major Bottom in Precious Metals Could Occur This WeekResource Investor
PRECIOUS-Gold hits 4-1/2 month low on Greece turmoilReuters
Gold futures at lowest in four monthsMarketWatch
BusinessWeek -InvestorIdeas.com (press release)
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Regional Briefs 5/24/2012
Scranton Times-Tribune
Police are continuing to investigate a December theft of scrap metal from a document shredding firm. The incident occurred Dec. 19 at 2 am at Shred-All on Route 690, according to state police in Dunmore. Surveillance-camera footage of the theft was ...

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JPMorgan Copper ETF Plan Seen Creating Havoc by Merchant Groups
BusinessWeek
Funds backed by copper would leave less of the metal available for manufacturers, creating shortages and driving up prices, according to a letter filed to securities regulator by Vandenberg & Feliu, a New York-based law firm representing a major ...

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