Nevada Copper (TSE:NCU) announced Friday that Zhongtiaoshan Non-ferrous Metals Group (ZTS) has agreed to a $2 million debenture subject to the approval of the Toronto Stock Exchange. ZTS is a Chinese state-owned enterprise that has mined, refined and processed copper since 1956. The debenture can be converted at $1.00 per share which is a 77% premium [...]
Read the full article: "Chinese Buy Into Nevada Copper"
Monday, June 29, 2009
By Leia Michele Toovey-Exclusive to Copper Investing News Copper was on track for a weekly gain as of Friday, after new data alluded to an improvement in the global economy. Last week, the red metal lost value on the back of a strengthening greenback. Copper, often referred to as the barometer of economic health due [...]
Read the full article: "Copper in route for weekly gain"
Saturday, June 27, 2009
Hana Mining Ltd. declared that it has accepted a non-brokered private placement for proceeds of $500,000. For full story, click here
Read the full article: "Hana Mining declared $500,000 Non-Brokered..."
Saturday, June 27, 2009
VMS Ventures Inc. has announced the details of the upcoming field program on the Copper project. For full story, click here
Read the full article: "VMS Ventures declared 2009 Copper..."
Friday, June 26, 2009
Guillermo Salazar S., President and CEO of Copper Fox Metals Inc. declared the second quarter financial results. For full story, click here
Read the full article: "Copper Fox Metals declared second quarter..."
Friday, June 26, 2009
Amstelco Plc Ltd. from Britain is eyeing a 20 per cent stake worth around US$1.5 billion in Indonesian copper mining company PT Newmont Nusa Tenggara from PT Pukuafu Indah. For full story, click here
Read the full article: "Amstelco has set eyes on 20% Stake In..."
Friday, June 26, 2009
Teck Resources has cut its copper output expectations for this year and next due to movement of a pit wall at its Highland Valley mine in British Columbia, the company declared a sparking a 1.4 percent dip in its shares. For full story, click here
Read the full article: "Teck Resources have cut Copper Output due to..."
Thursday, June 25, 2009
World Bureau of Metal Statistics declared that copper excess in international market in January to April 2009 period reached 133,000 tonnes. At the same time a year ago there was copper shortage of 161,000 tonnes. For full story, click here
Read the full article: "Global Q1 Copper Excess reached 133,000..."
Thursday, June 25, 2009
BHP Billiton, the world’s biggest mining company, may win a reduction in copper processing fees from Japanese smelters in mid-year supply contracts. For full story, click here
Read the full article: "BHP Billiton will lower Copper Fees from..."
Thursday, June 25, 2009
London copper slipped 1.6 percent on Thursday and Shanghai futures trimmed gains after the Federal Reserve said the U.S. economy will remain weak for some time, rekindling demand worries. For full story, click here
Read the full article: "London Copper slipped 1.6% after Fed,..."
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Monday, June 29, 2009