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  • LONDON, Sept 10- Copper prices hit a seven-week high on Thursday as fund buying fueled the uptrend, but gains are expected to be capped by nervousness ahead of a Federal Reserve meeting next week and fears of a hard landing in top consumer China. Benchmark copper rose 1.1 percent to $5,424 a tonne by 0944 GMT, from $5,365 at the close on Wednesday.

  • JOHANNESBURG, Sept 9- Zambia's revenue collection in 2015 could be even lower than the 2 billion kwacha downward adjustment the finance minister made earlier this year, as weaker copper prices take their toll, the revenue head said on Wednesday. A slide in global copper prices has put pressure on Africa's second biggest producer of the metal, with export...

  • *FTSE up 1.4 pct at close. "I don't think this miss in manufacturing production is that much of a big surprise," said Fawad Razaqzada, technical analyst at GAIN Capital. The FTSE 350 mining sector index was up 3.5 percent, extending the previous session's rise of 2.6 percent.

  • LONDON, Sept 9- Glencore's Monday announcement of a multi-pronged debt reduction programme has boosted its share price by 17 percent and the copper price by five percent from their respective Friday closes. Glencore alone can't put a floor under the copper market. But Glencore's cutbacks, the most aggressive of any base metals producer in this part of the cycle,...

  • *Market looking ahead to China data for August. LONDON, Sept 9- Copper hit a seven-week high on Wednesday on expectations of tighter supplies though the rally may not be sustained without improvements in demand from top consumer China or larger output cuts. Copper was also coming under pressure from weak economic and demand growth in China, which accounts for...

  • *Peru's Minsur to cut tin output by 33 pct over 9-12 months. MELBOURNE, Sept 9- London copper rallied to its highest since late July on Wednesday as a short-covering rally gained steam, fanned by hopes China would take more steps to shore up its economy after faltering trade in August. "Copper's market signals highlight price support upside risk," Morgan Stanley said...

  • Behind the pop in copper prices Tuesday, 8 Sep 2015 | 11:40 PM ET
    Behind the pop in copper prices

    Gavin Wendt, founding director & senior resource analyst at MineLife, outlines the factors driving the rally in copper prices.

  • MELBOURNE, Sept 9- London copper rose on Wednesday to a fresh six-week high, as traders bet China would beef up measures to strengthen its economy after August trade data showed flagging growth. "Copper's market signals highlight price support upside risk," Morgan Stanley said in a note. Shanghai Futures Exchange copper jumped 4.2 percent at 41,050 yuan a tonne,...

  • MELBOURNE, Sept 9- London copper held steady on Wednesday near its highest in six weeks, touched the previous session, as traders bet China would beef up measures to strengthen its economy after August trade data showed flagging growth. *Shanghai Futures Exchange copper soared 3.8 percent at 40,880 yuan a tonne in the overnight session, hitting a two-month peak...

  • SINGAPORE, Sept 9- Gold held above a three-week low on Wednesday as the dollar nursed losses, but prices remained range-bound as traders waited for direction from the Federal Reserve on the timing of a U.S. interest rate hike. *Spot gold had edged up 0.2 percent to $1,123.11 an ounce by 0024 GMT, above a three-week low of $1,116.20 reached earlier in the week.

  • LONDON, Sept 8- Copper surged to a four-week high on Tuesday, boosted by data showing healthy Chinese imports and a bounce in hard-hit equity markets in the world's top metals consumer. A series of supply cuts helped lift copper prices, including by London- listed mining giant Glencore, which said on Monday it planned to suspend 400,000 tonnes of output at African...

  • *Zambia is Africa's No. 2 copper producer. LUSAKA, Sept 8- An electricity shortage and weaker copper prices have put pressure on Zambia's mining industry, threatening output, jobs and economic growth in Africa's No. 2 producer of the metal. Glencore, Vedanta Resources Plc and China's NFC Africa and CNMC Luanshya Copper Mine have said they will shut down some...

  • LONDON, Sept 8- Copper surged on Tuesday, boosted by data showing healthy Chinese imports and a bounce in hard-hit equity markets in the world's top metals consumer. "Base metals got lifted up by the equities market rally and Chinese unwrought copper imports remained healthy in August," said Xiao Fu, head of commodity market strategy at Bank of China International...

  • *Platinum market seen too small, illiquid to make "reserve grade". *South African Reserve Bank cool on idea. JOHANNESBURG/ LONDON, Sept 8- South Africa's mining industry, unions and the government want to boost platinum's sagging fortunes by promoting it as a central bank reserve asset, but upgrading the metal to gold's coveted financial status will be an uphill...

  • MELBOURNE, Sept 8- London copper held its ground on Tuesday after China's August trade data showed copper imports holding steady in the world's top metals user despite signs of broader struggles for growth. China's total exports fell less than expected last month but a steeper slide in imports pointed to continuing economic weakness, adding to concerns over...

  • MELBOURNE, Sept 8- London copper marked time on Tuesday ahead of August trade data from China that is expected to show struggling growth, but also an uptick in copper imports as Chinese buyers bought cheaper stocks from global markets. *China's foreign exchange reserves posted their biggest monthly fall on record in August, reflecting Beijing's attempts to...

  • *Some foreign steelmakers planning return to Iran. MANILA/ LONDON, Sept 8- Any global steelmakers hoping a potential end to sanctions on Iran will fully revive what was once a multi-billion dollar import market for their product will be disappointed as Tehran is boosting local output and expects its own exports to grow. South Korea's POSCO and a company owned by...

  • After Glencore shutdown, has copper found a floor? Monday, 7 Sep 2015 | 12:57 PM ET
    Copper production in Johor, Malaysia

    Copper prices rose sharply on Monday after commodity giant, Glencore, revealed plans to suspend some of its copper operations, pulling 400,000 tons of the red metal off the market in a debt-cutting exercise.

  • CALAMA, Chile, Sept 7- The ambitious investment plans of Chile's state-run copper producer Codelco are in tatters as it faces delays to mine expansions and keeps at least one unprofitable project running with global copper prices plumbing multi-year lows. Meanwhile, Codelco, the world's No. 1 copper supplier, is keeping unprofitable mines like Salvador open,...

  • Britain's FTSE rises, led up by Glencore surge Monday, 7 Sep 2015 | 10:46 AM ET

    *Glencore surges as brokers applaud plan to cut debt. LONDON, Sept 7- Britain's top share index rose on Monday, led into positive territory by Glencore after the mining and commodities trading firm announced a plan to cut billions of dollars in debt in the face of weakening metals prices. Glencore rose 7.4 percent after it said it will suspend dividends, sell assets...