Mining Weekly.com reports that Hana Mining (CVE:HMG) reports that it has experienced good results after conducting the first locked cycle tests performed on sulphide material from the chalcocite zone at its Ghanzi project, in north-western Botswana. The report is quoted as saying: The company recorded recoveries of 79,9% copper and a final copper concentrate grade [...]
African Metals Corporation (CVE:AFR) reports that the Company has received final assay results from the 42 Reverse Circulation (RC) drill holes completed on the stockpile at its Luisha South Project in the Katanga Provence of Democratic Republic of Congo.
Reuters reports that Ivanhoe Mines has made major "Tier 1" copper discoveries in the Democratic Republic of Congo and South Africa.
Reuters Africa reports that U.S. copper futures maintained momentum near a two-week peak above $3.90 per lb early Wednesday.
Reuters Africa reports that Copper prices on Monday rose about one percent.
Reuters Africa reports that Mercator Minerals Ltd (TSE:ML) swung to a third-quarter profit helped by higher production of copper, molybdenum and silver. The market news is quoted as saying: Vancouver-based Mercator earned $10.7 million, or 5 cents a share. That compares with a net loss of $690,000, or 1 cent a share, last year. Click [...]
Reuters Africa reports that China's copper imports are expected to remain weak in November.
Ft.com reports that the Western donors have begun withholding development aid from the Democratic Republic of Congo.
Katanga Mining Limited (TSE:KAT) announces the release of its 2010 third quarter results on Thursday, November 4, 2010.
African Copper Plc posted a first-half profit aided by a reversal of impairment and declared that it has restarted the operations at its mine in Botswana, and was confident about the future, sending its shares up as much as 21 percent in early trade. For full story, click here
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