On Friday, Kazakh copper producer Kazakhmys (KAZ.L) reported no output growth this year after shutting mines to save cash in 2009 and seeing fourth-quarter production slide by 25 percent.
Read the full article: "Kazakhmys:2010 copper output forecast"
Friday, January 29, 2010
China Minmetals Corp, reported that the company plans to import more than 40,000 tonnes of refined copper from Poland’s KGHM KGHM.WA in 2010.
Read the full article: "Minmetals in $400m deal for copper from KGHM"
Thursday, January 28, 2010
MetalCORP Limited (TSX VENTURE:MTC) reported the commencement of the first phase of a deep drilling program on its 100% owned Hemlo East property, immediately east-southeast along trend from Barrick Gold’s Hemlo mine, and approximately 35 km east of the town of Marathon in Northwestern Ontario.
Read the full article: "MetalCORP starts Drilling at Hemlo East..."
Thursday, January 28, 2010
Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D) announced that the company has intersected ore-grade gold mineralization, up to 7.58 g/t Au, 15.6 g/t Ag, and 0.95% Cu over 0.45 m and separately, 6.31% Zn over 0.3 m, on its Akasaba property, in Val d’Or, Quebec.
Read the full article: "Alexis Prepares for Expanded Growth"
Wednesday, January 27, 2010
International PBX Ventures Ltd. (TSX VENTURE:PBX) reported that the company is in the advanced planning stage for its upcoming diamond drill program on its wholly-owned Copaquire copper-molybdenum-rhenium project in northern Chile.
Read the full article: "PBX plans Copaquire Project Drill Program"
Wednesday, January 27, 2010
First Quantum Minerals Ltd. (TSX:FM)(LSE:FQM) today reported that the company has restarted the Bwana Mkubwa copper SX/EW plant in Zambia.
Read the full article: "First Quantum Restarts Bwana Mkubwa Copper..."
Tuesday, January 26, 2010
Copper futures retreated Tuesday, as concerns over Chinese growth and a rising greenback scared away risk adverse investors. Further exasperating the situation; the risk adverse investors appear to be flocking to the US dollar.
Read the full article: "Chinese Growth Concerns Thwart Copper"
Tuesday, January 26, 2010
On Tuesday, it was reported that the head of the world’s top copper miner, Chile’s Codelco, will step down after a new company board takes over in March under President-elect Sebastian Pinera.
Read the full article: "Chile's Codelco CEO to step down in March"
Tuesday, January 26, 2010
PolyMet Mining Corp. (TSX:POM)(NYSE Amex:PLM) reported today that the company has closed the second US$15 million installment of its previously announced US$25 million equity financing with Glencore AG.
Read the full article: "PolyMet get Second Installment From Glencore"
Monday, January 25, 2010
BCGold Corp. (TSX VENTURE:BCG) announced that all geological and geophysical data and reports have now been received for the Company’s 2009 exploration programs on the Minto/Carmacks Copper-Gold Properties, situated in central Yukon.
Read the full article: "BCGold discovers More Copper-Gold Drill..."
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Friday, January 29, 2010