Copper prices are up on the London exchange supported by a weak dollar and better-than-expected economic data from Japan.
Articles Tagged "copper mines"
Platts reported that Orvana Resources has received the final approval to move ahead with construction at its proposed Copperweld mine in Michigan.
Freeport has no Plans to Build Indonesian Copper Smelters, Despite Pressure from Government
Bloomberg reported that DRC state-owned Gecamines is seeking out $1 billion to build a copper plant.
Reuters reported that Southern Copper workers in Peru are considering striking after January 15 if a deal is not reached.
Candente Copper Corp. (TSX:DNT) announced that exploration and feasibility drilling has started at the Cañariaco property.
The Financial Post reported that, according to a new report from Scotiabank, production delays in Peru and in China will push prices up through 2013.
Reuters reported that Xstrata has increased its cost estimates for its undeveloped Frieda River copper mine in Papua New Guinea to $5.6 billion.
Copper North Mining Corp. (TSXV:COL) announced that it has signed Letter of Intent with the Little Salmon Carmacks First Nation regarding the Carmacks Copper Project, located in the Yukon.
The Financial Post reported that First Quantum Minerals Ltd. plans to enter a $5.1-billion hostile bid for Inmet Mining Corp. after friendly negotiations have failed.