Making Headlines: QKR … Who is That?

With news of a possible billion-dollar takeover bid for Eritrea-focused copper miner Nevsun Resources making headlines, investors are probably scratching their heads about QKR.

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Mickey Fulp: A Hopeful Optimist in Today’s Markets

At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.

Company News

Taseko Mines Completes Acquisition of Curis Resources

Taseko Mines (TSX:TKO,NYSE MKT:TGB) announced that it had formally completed the acquisition of Curis Resources. The plan was first approved by Curis shareholders on November 10 and the company's shares will crease to trade after the close of markets on November 25.

Atico Mining Reports Q3 Financial Results

Atico Mining (TSXV:ATY) has reported its financial results for the third quarter. The Atico's El Roble mine produced 2.70 million pounds of copper and 2,932 ounces of gold, and the company recorded a net income of of $363,504 for the quarter.

BHP Betting on Copper with Olympic Dam

In an article for the Wall Street Journal, Rhiannon Hoyle notes that BHP Billiton (NYSE:BHP) is making a shift towards copper with its huge Olympic Dam project in Australia, marking a "new investment strategy" for the company.

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Market News

Peru Government Rules Antamina Strike Illegal

A ten day strike at Peru's Antamina Copper Mine - jointly owned by BHP Billiton (NYSE:BHP,ASX:BHP,LSE:BLT) (33.75 percent), Glencore Xstrata (LSE:GLEN) (33.75 percent), Teck Resources (TSX:TCK.B,NYSE:TCK) (22.5 percent) and Mitsubishi (TSE:8058) (10 percent) - has been ruled illegal by Peru's government, according to Reuters.

Buying By China’s State Reserve Bureau Supporting Copper Prices

Prices for many metals have been hit hard lately, but copper is getting key support from China's State Reserve Bureau, according to the Wall Street Journal. The government agency has been buying up the red metal, keeping prices from seeking lower.

Copper Dips on News From China’s Property Sector

Copper lost 1.1 percent to trade at $6,629 per tonne today, according to Reuters. Data from China about the country's property sector caused investors some worry over the future of demand in that country.

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