Opawica Explorations Inc. is a junior explorations company with interests in the exploration and development of mineral resource properties. They main focus is the 100% owned Atikwa Lake-Mayburn gold and copper project located near Kenora, Ontario.
Continue reading "Opawica Explorations Inc. – Ontario Gold and Copper"
Tuesday, May 25, 2010
Copper took a big hit on Tuesday, losing 3.2 percent on the COMEX as Eurozone fears gained momentum. All of the six main metals traded on the LME fell, led by nickel. Copper for delivery in three months lost 2.5 percent to $6,735 a metric tonne on the London Metal Exchange.
Continue reading "Eurozone Economy Continues to Pressure Copper"
Tuesday, May 18, 2010
Copper tracked a modest rebound on Tuesday, climbing 2.5 percent to touch $6,630.25 per tonne in early morning trading on the LME. In the two previous sessions, the metal, often looked to as the barometer of economic health, lost almost 10 percent of its value.
Continue reading "Is Copper’s Price Flop a Signal of a Stalling Economy?"
Tuesday, May 11, 2010
U.S. copper futures closed with strong gains on Monday after a $1 trillion emergency package in Europe helped restore confidence in the global recovery. Unfortunately, the relief was short lived, as the markets suffered losses upon opening on Tuesday.
Continue reading "EU Bail-Out Gives Copper Short-term Relief"
Tuesday, April 27, 2010
On Tuesday, copper plummeted to its lowest level since March, falling from the previous rally achieved on the back of higher than expected US home sales data.
Continue reading "S&P’s Downgrade Halts Copper’s Rally"
Tuesday, April 20, 2010
As news over impending fraud charges against leading commodities player Goldman Sachs hit the market last Friday, copper witnessed considerable downside. Risk averse investors jumped from their positions, sending copper plummeting to a three month low.
Continue reading "Goldman Fraud Charge Hits Copper Prices"
Tuesday, March 23, 2010
In early trade Tuesday, better than expected US home data buoyed copper on the COMEX after dipping for four straight sessions. But, the ascent was just a blip with the upside being limited by a lack of positive economic indicators.
Continue reading "Is Copper’s Recent Tug-o-War a Sign the Metal has Peaked?"
Thursday, January 14, 2010
Nevada Copper (TSX: NCU) announced today that the Preliminary Economic Assessment for the Pumpkin Hollow copper project has been submitted to SEDAR.
Continue reading "Nevada Copper Publishes PEA"
Tuesday, April 28, 2009
Nevada Copper (TSE:NCU) reported today more high grade copper results at its Pumpkin Hollow copper project in Nevada. Highlights of the results include 42 meters of 3.2% copper and 38 meters of 3.2% copper in two separate holes. These results are said to confirm continuity of high grade mineralization at the project. The release goes [...]
Continue reading "High Grade Copper Results – 42m of 3.2% Copper!"
Thursday, April 2, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News Copper has rallied 31 per cent in the first quarter of 2009; since December 26, the red metal’s price has increased 47 per cent. This rapid upward swing has earned the metal the title best performer among the 19 raw materials tracked by the RJ/CRB commodity [...]
Continue reading "More good times for Copper"
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Thursday, July 8, 2010