Archive for May, 2009

Copper surged, found support at $4425

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 declared Board Changes

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 will reopen Mowana Mine soon

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. [...]

BHP Billiton gained as copper prices climbed

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