Zambia Copper Investments, whose primary asset was until last year a 28.4% holding in KCM Copper Mines, on Tuesday declared that it had revised the terms of its binding offer of finance to African Copper, a global exploration and development company. For full story, click here
Read the full article: "Zambia Copper Investments revised African..."
Thursday, April 30, 2009
Glencore International AG’s Zambian unit, Mopani Copper Mines Plc, will keep mining at its Nkana and Mufulira mines in the country after price of metal rebounded. For full story, click here
Read the full article: "Glencore's Zambian unit will keep Copper..."
Thursday, April 30, 2009
South African copper producer Metorex is suing Central African Mining and Exploration Company for $127 million after the latter failed to make an obligatory offer to the company when it purchased shares in Copper Resources Corp. For full story, click here
Read the full article: "Metorex to sue Camec for $127 mln over..."
Thursday, April 30, 2009
Miner Kazakhmys moved ahead despite seeing first quarter ore output dipped 13.8% as copper production from its own concentrates surged. For full story, click here
Read the full article: "Kazakhmys up as own copper production surged"
Thursday, April 30, 2009
Chilean copper miner Antofagasta Plc. posted a dip in its first-quarter copper output on Thursday and higher costs, but the output figure was in line with a lower full-year forecast. For full story, click here
Read the full article: "Antofagasta's Q1 Copper Output dips,..."
Thursday, April 30, 2009
U.S. copper futures gained ground at the open on Thursday as surging equity markets and falling inventories buoyed sentiment, but a rebound in the dollar and investor caution ahead of next week’s bank stress test results capped the advance. For full story, click here
Read the full article: "U.S copper futures gained due to rise in..."
Wednesday, April 29, 2009
Hindustan Copper Ltd declared that the Board of Directors of the Company at its meeting held on April 28, 2009, has decided that Company should go for finalization of accounts for the financial year 2008-09 and submit audited financial results for the entire financial year 2008-09 within three months from end of the financial year. [...]
Read the full article: "Hindustan Copper will declare financial..."
Wednesday, April 29, 2009
Inmet Mining Corp., a Toronto miner with operations around the world, declared that it has resumed mining operations at its Las Cruces copper project in Spain after receiving government approval. For full story, click here
Read the full article: "Inmet resumes mining at Las Cruces Copper..."
Wednesday, April 29, 2009
NRI billionaire Anil Agarwal-led Sterlite Industries will compete with any rival bidder to buyout America’s third-biggest copper producer Asarco, for which it has already offered $1.7 billion, and said it sees the deal getting sealed in the next 3-4 months. For full story, click here
Read the full article: "Sterlite will match rival bid for Asarco, to..."
Wednesday, April 29, 2009
Copper futures on Wednesday have recovered 0.76 per cent on the back of covering-up of short positions by speculators amid better trend in the international markets. For full story, click here
Read the full article: "Copper futures recovered on short-covering,..."
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Thursday, April 30, 2009