Electrical Conductors

Rising gold and copper send metal stocks up

Jiangxi Copper soars 8.3pc as futures climb limit-up to hit seven-week high

Tuesday, 27 February, 2007, 12:00am


Jake van der Kamp

(Financial columnist)

1. Gold's value was rooted in the fact that it is lustrous, malleable and does not rust. These qualities are no longer rare. Gold is just another commodity now

2. Gold's real uses are too few, its supply is no longer a match for economic development and its ownership too narrow for a medium of exchange

2 Oct 2005 - 12:00am

Material matters

There are many idioms and expressions involving metals and other materials. Fill in the blanks with the words below.

1. concrete/gold x 3/ironx2/ivory/silver/stone/tin

a. He fell to the ground ___________ dead.

b. If you want muscles, you need to go and pump some ______.

c. The music sounds cheap and __________ny.

24 May 2004 - 12:00am

High metal prices fuel rise in Jiangxi Copper targets

Jiangxi Copper plans to expand its annual copper cathode production capacity to 450,000 tonnes next year to take advantage of higher metal prices.

The H share, which also has A shares listed, said it was targeting 400,000 to 420,000 tonnes of copper this year. Last year, it produced 343,000 tonnes.

12 Mar 2004 - 12:00am

Outlook bright for commodities

Analysts see strong demand in China

Natural resources plays should continue to perform well this year, with the mainland's insatiable appetite for raw materials leaving producers struggling to meet demand, analysts and fund managers say.

24 Feb 2004 - 12:00am

Ocean Grand borrows US$17m

Aluminium extrusion material-maker Ocean Grand Holdings has been granted a US$17 million loan facility to finance expansion of its production facilities for chemicals used in the electroplating of precious metals.

30 Jul 2001 - 12:00am

Ask Mr Brain . . . all will be explained

What are Dead Sea Scrolls?

These are ancient manuscripts (of leather, papyrus and copper) discovered in desert caves and ancient ruins in the wilderness of Judaea in Palestine.

The first manuscripts were accidentally discovered by a young Bedouin shepherd in 1947 in a cave on the northwest shore of the Dead Sea. These were immediately labelled 'Dead Sea Scrolls'.

6 Apr 2001 - 12:00am

PE ratio bears key to early Kingboard copper spin-off

Laminate-maker Kingboard Chemical Holdings will spin off its copper-foil manufacturing unit once it can command a price-earnings (PE) ratio in 'double figures'.

The group was considering listing the unit either locally or in Singapore, London or the United States, said managing director Chan Wing-kwan.

4 Aug 1999 - 12:00am

Real float halts metal price rally

Base metals prices ended a new year rally abruptly yesterday, after the Brazilian Government's decision to float the real increased investor fears that key metal consumers - including China - could also be forced to devalue their currencies.

19 Jan 1999 - 12:00am

Commodities imports plunge

Mainland imports of key commodities, including copper, aluminium and natural rubber, fell sharply in January from the previous month, the China Securities daily reported yesterday. Imports of unforged copper and copper material fell 43.7 per cent from December to 54,598 tonnes, but were 20.8 per cent higher year-on-year.

21 Feb 1998 - 12:00am

Simsen move will give China clients arbitrage tools

Non-ferrous metal trader Simsen Metals (Holdings) is to diversify into commodities and futures broking in China, providing mainland clients with arbitrage and hedging tools.

Managing director Haywood Cheung said the company would focus on 'designing programmes for hedging as this concept is still novel on the mainland'.

4 Oct 1997 - 12:00am

Gold begins week seeking direction

GOLD went into the weekend holding firm, with late quotes on Friday virtually unchanged from New York's firmer close on Thursday.

The market was seen to be pausing in its current range on Friday and likely to need a direction early this week.

In New York, COMEX gold ended higher, aided by a slump in the US dollar, traders said.

23 Jan 1995 - 12:00am

Silvery mood

Gold may be a sign of wealth, but drama queens prefer silver. Witty or wild, jewellery designers take more chances with this less precious metal. This season they are going back to nature: a bundle of twigs becomes a necklace, a shell-like swirl forms a ring, and tiny silver ears dangle below flesh-and-blood lobes.

Styling and make-up: Vivien Jones.

22 Jan 1995 - 12:00am

Other markets take the shine off gold

GOLD and silver slipped as investors cashed-in positions because buying opportunities in base metals markets looked more attractive.

Base metals such as aluminum and copper soared to four-year highs after a week-long rally, which helped to underpin silver prices since the metal has more industrial properties than gold.

21 Nov 1994 - 12:00am

Semi-precious stones add shape and dash of colour to cuff-links

AS colour creeps into cummerbunds and bow ties for formal wear, the same trend can be detected in the new ranges of cuff-links, adding to the classic metal varieties.

'Cuff-links are one of our star attractions for men,' said Corinne Duquin, marketing manager of Lanvin, which brings out new lines every season. Of the three most recent collections, two of them feature colour.

20 Nov 1994 - 12:00am