Freeport McMoRan, the world’s top listed specialist copper miner, has quietly just produced its first copper cathode at the giant Tenke Fungurume copper cobalt mine, near Lubumbashi, Katanga Province, Democratic Republic of the Congo. For full story, click here
Read the full article: "Freeport McMoRan produced its first copper..."
Tuesday, March 31, 2009
Chile’s No.1 global copper miner Codelco reported that it is still unclear whether U.S. demand for copper has hit bottom, adding Chinese consumption had not fallen. For full story, click here
Read the full article: "Unclear if U.S copper demand has hit the..."
Tuesday, March 31, 2009
Chilean Mining Minister Santiago Gonzalez reported that he sees copper prices being higher than the average forecast for 2009 of $1.60 per lb. For full story, click here
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Tuesday, March 31, 2009
As per analysts’ report, India’s copper futures recovered on Tuesday buoyed by global leads, but a strong rupee kept a lid on gains. Praveen Singh, an analyst with Sharekhan Commodities, stated: Copper would trade on the higher side on the back of a weak dollar, rebounding equities. For full story, click here
Read the full article: "India copper futures gain recovery on global..."
Sunday, March 29, 2009
Copper purchasing by China’s State Reserve Bureau over the three months to February is strongly overstating apparent demand, and real demand growth is far lower, around 2.9% over the same period a year earlier. For full story, click here
Read the full article: "China's real copper demand growth around..."
Sunday, March 29, 2009
Corriente Resources Inc. announced that contrary to recent media reports, there are no material developments to disclose regarding ongoing exclusive negotiations for the potential sale of the company that were announced on December 16, 2008. For full story, click here
Read the full article: "Corriente offers updates on..."
Sunday, March 29, 2009
Minera Andes Inc. revealed its filing of a technical report in support of a preliminary assessment prepared in accordance with NI 43-101 on the Los Azules Copper Project located in the San Juan Province of western central Argentina. For full story, click here
Read the full article: "Minera Andes announced filing technical..."
Sunday, March 29, 2009
Neveda Copper announced drilling results at its Pumpkin Hollow copper property located southeast of Carson City. The results revealed that the company has intersected mineralization averaging 0.62% Cu over a true width of 196.2 metres. For full story, click here
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Friday, March 27, 2009
By Leia Michele Toovey-Exclusive to Copper Investing News Copper’s rapid ascent in 2009 reopened the question- are we there yet? Since the economic crisis started everyone has been seeking the answer to the elusive question- have we hit the bottom? The red metal, considered a barometer of economic health, has rallied 33 per cent so [...]
Read the full article: "Is the bull about to make a comeback?"
Thursday, March 26, 2009
Japanese copper smelters reported that they will continue copper production curbs from April as demand for the metal has not recovered. For full story, click here
Read the full article: "Japan likely to curb more copper output"
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Tuesday, March 31, 2009