Commodity price brief - Yes oil is at $102 barrel and copper is reaching and about to touch $4.00 lb. Many experts feel with the lack of new copper mines coming on-stream and the start-up costs for new mines increasing dramatically is a formula which will continue to put upward pressure on the price of […]

Business Spectator (Australia), 1:18PM 29-Feb-2008
by AAP
A wave of copper thefts sweeping Australia and the United States is causing havoc as essential services are put at risk.
The surging demand for copper in India and China has pushed the price of scrap copper to $7,500 per tonne in Australia, authorities say, making it a target for increasingly-bold […]

February 26, 2008
Gold N.Y. Spot $ 942.00
Silver N.Y. Spot $ 18.43
Lead LME Cash $ 1.4756
Copper LME Cash $ 3.7512
Zinc LME Cash $ 1.1120
Nickel LME Spot $ 12.63
Aluminum LME Spot $ 1.3045
Platinum […]

Dow Jones Newswires, 12:02 ET (17:02 GMT) 26-Feb-2008
By Allen Sykora
Base and precious metals prices, along with oil, have “staying power” to remain at historically high levels for some time, underpinned by supply issues as well as demand from developing economies, Bart Melek, global commodity strategist with BMO Capital Markets, said Tuesday.
Melek addressed commodities during a […]