Copper Investing News

Chile’s Codelco Faces Mine Protests

Charlotte McLeod — Thu, 17 May 2012 17:09:01 +0000

Bloomberg reported that Chilean copper mines owned by Chile's Codelco have faced protests regarding job security. The Collahuasi mine, owned by Anglo American plc (LSE:AAL) and Xstrata plc (LSE:XTA) and also located in Chile, has been unaffected.

Goldcliff Acquires Copper-Silver-Lead-Zinc Showing

Charlotte McLeod — Thu, 17 May 2012 16:55:35 +0000

Goldcliff Resource Corp. (TSXV:GCN) announced that it has acquired the Goldrop copper-silver-lead-zinc showing, an addition that improves the potential of its Whipsaw target.

Promising Results for Southern Hemisphere’s Chile Copper Project

Charlotte McLeod — Wed, 16 May 2012 16:54:24 +0000

Southern Hemisphere Mining Ltd. (ASX:SUH,TSXV:SH) announced that recent drill results from its Llahuin copper project in Central Chile indicate the potential for a high-grade area in the Central Porphyry zone.

Canyon Copper To Send Geological Team to Moonlight and New York Properties

Jody Bartley — Wed, 16 May 2012 16:42:50 +0000

Canyon Copper Corp.(TSXV:CNC) announced the commission of a visit by a team of senior geologists to its Moonlight and New York properties. A drill program is planned to commence in early Summer 2012.

All Grade to Acquire Chile Copper Project

Charlotte McLeod — Wed, 16 May 2012 16:42:06 +0000

All Grade Mining Inc. (OTCQB:HYII) announced that will be acquiring the Jose Del Transito copper project in Chile. The company plans to take control of the mine in the next few weeks.

Copper May Be on Cusp of Investment Wave

Shihoko Goto — Wed, 16 May 2012 11:15:50 +0000

Despite global market concerns, this may be the best time to invest in mining companies that are eyeing longer-term gains and concentrating on addressing global demand in coming years.

Oracle Mining Reports Assay Results for Arizona Mine

Charlotte McLeod — Tue, 15 May 2012 17:06:43 +0000

Oracle Mining Corp. (TSX:OMN,OTCQX:OMCCF) announced new assay results for its Oracle Ridge copper mine, located in Southern Arizona.

Freeport-McMoRan CEO Concerned About Grasberg Mine

Charlotte McLeod — Tue, 15 May 2012 16:56:44 +0000

Reuters reported that Richard Adkerson, President and CEO of Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), is worried about violence at the company's Grasberg mine in Indonesia, but is unconcerned about the government's plan to renegotiate mining contracts.

Copper Mountain Makes Q1 2012 Results Available

Charlotte McLeod — Mon, 14 May 2012 17:34:51 +0000

Copper Mountain Mining Corp. (TSX:CUM) announced its results for the first quarter of 2012. The company's plan for the second quarter is to continue working towards its mill's design capacity.

Concordia Receives Strong Initial Field Campaign Results

Charlotte McLeod — Mon, 14 May 2012 17:22:07 +0000

Concordia Resource Corp. (TSXV:CCN) announced that its Cerro Amarillo copper-molybdenum-gold porphyry project in Argentina has shown strong potential for all three minerals following an initial field campaign.