Fundamental Research Corp. reported that Yellowhead Mining (CVE:YMI) has an indicated resource of 569 million tonnes grading 0.32% Cu and 62.7 million tonnes inferred grading 0.33% with significant gold ans silver values on their wholly owned Harper Creek project near Kamloops, BC.
Fundamental Research Corp. reports that Quantum Rare Earth (CVE:QRE) completed the acquisition of its flagship property, the Elk Creek carbonatite project.
Daniel Dicker, Senior Contributor to The Street, opines that copper prices are set to rise significantly with the creation of copper ETFs. Copper stocks will no doubt benefit from this forecasted price increase.
The Northern Miner(Editorial) reports an update on the recent activities on Geologix Explorations,(TSE:GIX) a mineral exploration company based in Vancouver, B.C., Canada.
Agmetalminer.com reports that copper is more consistent than for other base metals.
Business Today.com reports on the recent record highs for copper prices, copper miners are being encouraged to go public
Mining Weekly.com reports that Nova Gold Resources (PINK:NVGP) plans to offer $34m in shares to purchase Copper Canyon Resources. (CVE:CPY)
SFgate reports that Copper rose to a record on signs the global recovery will stoke demand.
The Daily Telegraph reports that JP Morgan is the mystery trader that grabbed more than half the copper on the London Metal Exchange.
FT.com explains the price of copper hit a record high of $8,966 per tonne this week.
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