Mopani Copper Mines, Zambia’s second leading copper and cobalt producer, declared that it will continue to operate its mining assets including the Nkana underground and open pit mines and the Mufulira mine. For full story, click here
A creditor of Romualdez-held Benguet Corporation has considered the mining company in default and demanded immediate payment of its P316 million loans. For full story, click here
Happy Creek Minerals Ltd. has provided results from its first reconnaissance of the 100% owned West Valley property that is approximately 91 square kilometres in area and adjoins the south western side of Teck’s Highland Valley copper mine property in south central British Columbia, Canada. For full story, click here
Stingray Copper Inc. declared the results of the definitive Feasibility Study on the Corporation’s 100% owned El Pilar oxide copper project located in Sonora, Mexico. Peter Mordaunt, Chairman and CEO of Stingray, stated: Our objectives, milestones and time table established 2 years ago have been realized both on time and on budget. For full story, [...]
Shares of Hindustan Copper are trading down by 4.05% at the Bombay Stock Exchange on Tuesday at 10:15 a.m. For full story, click here
Nevada Copper (TSE:NCU) reported today more high grade copper results at its Pumpkin Hollow copper project in Nevada. Highlights of the results include 42 meters of 3.2% copper and 38 meters of 3.2% copper in two separate holes. These results are said to confirm continuity of high grade mineralization at the project. The release goes [...]
Indian mining giant Vedanta Resources Plc. announced that it has taken a stake of nearly 10 percent in Canada’s HudBay Minerals Inc. For full story, click here
The Securities and Exchange Board of India declared that it has settled the share manipulation case against the promoters of Nissan Copper Ltd. on consent terms, with the promoters belonging to the Mardia family and group company Danial Investment Pvt Ltd agreeing to pay Rs 22 lakh to settle the case. For full story, click [...]
Shares of Hindustan Copper are trading down by 4.99% at the Bombay Stock Exchange on Monday at 10:21 a.m. For full story, click here
The bidding war for African Copper this week took another major turn when Natasa Mining Ltd. warned that should shareholders of the troubled mining outfit decide otherwise at the planned EGM, they risk losing their investments. For full story, click here
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