Profit-taking is pushing down copper prices, which have gained amid stronger manufacturing data worldwide. Market focus is now on a possible merger between Glencore International and Xstrata.
The first shipment of copper concentrates from Copper Mountain Mining’s (TSX:CUM) mine has made it to the Onahama port in Japan, a key milestone, for the first new copper mine to open in the Province of British since 1998.
Mindoro Resources Ltd. (CVE:MIO,ASX:MDO,FRA:WKN 906167) reports copper-gold results from its Pan de Azucar project.
Last week,the Mining Association of British Columbia awarded two outstanding individuals the prestigious "BC Mining Person of the Year" award. Both winners were acknowledged for their contributions to the province's copper mining industry.
Skeena Resources Limited (CVE:SKE) provides a progress up-date on its 100% owned Tropico copper-platinum-palladium-gold Project, located 25 km north of Mazatlan, Sinaloa State.
Gold Hawk Resources Inc. (CVE:GHK) reports further growth in 2011 after significant success in expanding its asset base, cash position, investment returns and management team in 2010.
Logan Copper Inc. (CVE:LC) completes the 2010 stepped-up geological mapping, ground geophysical evaluation and diamond drilling on its Dansey, Midway and Lost Mine (Bertha Molly) showings.
Teck Resources Limited (TSE: TCK.B, NYSE: TCK) reports quarterly earnings of $467 million, or $0.79 per share, for the third quarter of 2010.
Castle Resources Inc. (CVE:CRI) reports that the company has acquired a 100% interest in the past producing Granduc Copper Mine located near Stewart, B.C. from Bell Copper Corporation.
Fears that the economic recovery is about to stall caused bell weather copper to fall its most in five weeks.
Friday, February 3, 2012