Sumitomo Metal Mining Co Ltd says to lower copper production
Sumitomo Metal Mining Co Ltd says to lower copper production by 10-20 percent in Q1 2009. For full story, click here
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Anvil Mining Ltd says it is suspending copper production
Friday, January 30, 2009
Anvil Mining Ltd says it suspending copper production and shutting its Dikulushi mine in the Democratic Republic of Congo (DRC). For full story, click here
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Copper has plunged by more than 60 % since last July
Friday, January 30, 2009
Copper has plunged by more than 60 percent since a record high of $8,940 a tonne last July. Prices started to fall in the second half of last year as the market priced in a realisation that China may not be able to offset falling demand from the United States, the world’s largest economy. For [...]
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Copper tumbles, sentiment crushed by stock build
Friday, January 30, 2009
Copper prices buckled on Thursday as a massive jump in inventories intensified fears about falling demand particularly from China, the world’s largest consumer of the industrial metal. For full story, click here
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Analysts warn more losses in store for copper
Thursday, January 29, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices may slump by more than half this year as the global recession cuts demand. MF Global Ltd., one of 12 companies that trade on the floor of the London Metal Exchange, predicts that the three-month contract may average $3,250 per metric tonne in [...]
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Kazakhmys Q4 copper output up but to make cuts in '09
Thursday, January 29, 2009
Kazakh miner Kazakhmys posted a 7 percent increase in fourth quarter copper cathode output compared to the previous quarter but said it would address falling demand by cutting spending and output in 2009. For full story, click here
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Benchmark February copper contract MCCG9 was 0.28 percent up
Thursday, January 29, 2009
Benchmark February copper contract MCCG9 was 0.28 percent up at 162.80 rupees per kg at 10:59 a.m., after hitting an intra-day low of 161.8 rupees earlier. For full story, click here
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Copper futures flat on global markets
Thursday, January 29, 2009
Copper futures were flat on Thursday tracking overseas leads, but weak fundamentals would continue to weigh on the red metal, analysts said. Harish Galipelli, head of research at Karvy Commodities, said: We expect the red metal to trade sideways with a negative bias on weak fundamantals. For full story, click here
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Discovery Metals says feasibility study will show more robust copper project
Thursday, January 29, 2009
The company had a highly successful quarter in terms of: development work, reduced costs and improved returns for the Boseto Copper Project, as well as an increase in total mineral resource at Boseto. For full story, click here
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CLANCY EXPANDS POTENTIAL AT COWAL EAST
Tuesday, January 27, 2009
Clancy Exploration Limited is pleased to announce results of aircore drilling completed in the December 2008 quarter on the Wyrra tenement EL6554, at the Cowal East project in New South Wales. For full story, click here
Read the full article: "CLANCY EXPANDS POTENTIAL AT COWAL EAST"
- Anglo Canadian Mining Corporation – Copper Exploration in B.C.
- Canyon Copper Corp. – Advanced Mineral Resource Company
- CuOro Resources Corp.- Emerging Colombian Copper
- Geologix – Advancing a Gold and Copper Resource in Mexico
- Lions Gate Metals – Copper and Gold in BC
- Nevada Copper Corp. – Developing Nevada’s Next Major Copper Mine
- Paragon Minerals – Gold and Base Metal Projects with Significant Discoveries and Base Metals in Newfoundland
- Red Metal Resources Limited – Copper and Gold Exploration in Chile
- Southern Silver Exploration Corp.- A Precious and Base Metal Exploration Company
- Tarsis Resources – Gold, Copper and Silver Exploration in the Yukon and Mexico
- Virgin Metals – Advanced Copper Projects in Mexico
- White Tiger Mining Corp – Northern Ontario Mining Projects
- Yellowhead Mining Inc. – Focused on Harper Creek Copper-Gold-Silver Advanced Exploration Project
Asides
CopperInvestingNews.com maintains a focus on Copper exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
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Friday, January 30, 2009