South African miner Metorex surged its copper and cobalt output during the quarter to end-March, but will continue to dispose of assets to fare in the global economic slump. For full story, click here
Taseko Mines Limited revealed that it has established a hedging program for approximately 50% of targeted copper production to the end of 2009 from its wholly-owned Gibraltar Mine. Russell Hallbauer, President and CEO of Taseko, stated: Even though the price of copper has increased considerably over the past three months, there remains uncertainty with the [...]
Teck Cominco copper operations will remain cash positive if prices decline to as low as $1.30. For more information, click here
Monday, May 11, 2009