Copper stocks declared that it has joined the metals rally on the bourses today as all other metal stocks traded with heavy gains, while copper prices remained steady on the commodity exchanges in India. For full story, click here
Zambia Copper Investments announced completion of a subscription agreement with African Copper, rasing its stake in the copper-miner to 82 percent. For full story, click here
Copper surged, capping weekly gains in London and New York, as Chinese imports of the metal climbed to a record and inventories continued to dip. Stockpiles of copper in warehouses monitored by the London Metal Exchange fell for a 12th day. For full story, click here
African Copper Plc. announced the appointment of two new directors to the Board of the Company, David Rodier and Jordan Soko. In addition, it is announced that Michael Evans has resigned from the Board and Roy Corrans will step down from his current role of Chairman but will remain on the Board. For full story, [...]
African Copper Plc, the owner of the Mowana mine, declared that it is planning to re-open its Botswana operation in the next three months after it got an injection of US $ 10 million from its Zambia Copper Investments, as part of a move to help the country’s budding miner to get off its feet. [...]
South African stock surged for a fourth day, the longest streak of gains in more than two months, as copper prices climbed and volatility waned. BHP Billiton Ltd. and Anglo American Plc led the advance. For full story, click here
Jiangxi Copper Co, the top integrated copper producer in China declared that it will resume full output in June after it finishes repair work on an oxygen generator at its main Guixi smelter. For full story, click here
The National Railways of Zimbabwe declared that it is seeking a ban on trading of soft copper in the country as part of measures to curb vandalism and theft of copper wire on rail and telecommunication infrastructure. For full story, click here