Articles Tagged "copper project"

Puma Increases its Strategic Holding at Turgeon Deposit, New Brunswick

Puma Exploration (CVE:PUM) reports the staking of two new blocks of contiguous claims at the Turgeon copper project in New Brunswick.

Source Exploration Corp. Increases Financing

Source Exploration Corp. (CVE:SOP) reports that the company has been increased by up to an additional 2,000,000 units of the Corporation to the non-brokered private placement financing announced on October 13, 2010.

Opawica Explorations Inc. – Ontario Gold and Copper

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.

Opawica Explorations Inc. – Ontario Gold and Copper

Eurozone Economy Continues to Pressure Copper

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.

Is Copper’s Price Flop a Signal of a Stalling Economy?

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.

EU Bail-Out Gives Copper Short-term Relief

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.

S&P’s Downgrade Halts Copper’s Rally

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.

Goldman Fraud Charge Hits Copper Prices

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.

Is Copper’s Recent Tug-o-War a Sign the Metal has Peaked?

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.

Nevada Copper Publishes PEA