Copper Company News Directory

Newmont Backs Down From Indonesian Arbitration

Reuters reported today that Newmont Mining (NYSE:NEM) has withdrawn its international arbitration filing against the Indonesian Government. Officials gave indication of a possible "constructive solution" to the seven-month dispute, according to Reuters.

Highland Copper Company Announces Initial Resource Estimate for 543S Deposit at Keweenaw Project

Highland Copper Company Inc. (TSXV:HI) released an initial resource estimate for its 543S copper deposit portion of the Keweenaw Project in Michigan. Results included an indicated resource of 1,518,000 tonnes grading 3.27 percent copper and 5.1 grams per tonne of silver as well as an inferred resource of 193,000 tonnes grading 3.08 percent copper and 4.8 grams per tonne of silver.