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 [...]
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 [...]
By Leia Michele Toovey- Exclusive to Copper Investing News As economic malaise spread around the globe; silver and gold stocks became top performers. Worried investors flocked to both metals as a means to safe guard their investments as stocks, bonds and currencies became increasingly volatile. Copper investments were not appealing. Copper, fundamental to the transfer [...]
Nevada Copper (TSE:NCU) reports 31.2 metres true width of 1.4% copper in their latest list of results from the Pumpkin Hollow copper project in Nevada. The results reported today are the last of the drilling results from 2008 for the South and Southeast deposits. The company reports that an updated resource estimate based on all [...]
Inca Pacific Resources Inc. has awarded Bateman Engineered Technologies the contract for one ball mill for their Magistral Copper-Molybdenum Project located in Ancash, Peru. Inca Pacific will also be deciding which grinding technology is best suited for the mine over the next 45 days. Anthony Floyd, President and CEO said, “We are very pleased to [...]
By Leia Michele Toovey – Exclusive to Copper Investing News On Tuesday, liquidation pushed copper to a six- month low to below $3.40 per lb in the New York Futures COMEX division trade. The end of market announcement of the Federal Reserve decision to keep interest rates steady at 2 per cent helped copper gain some. But analysts [...]
Cabo Drilling Corp.’s has been given the go ahead to drill another 14,000 metres beyond the original 6,000 metres originally granted in Republic of Panama’s Minera Petaquilla S.A. copper project. The company will be adding a fifth drill to its efforts, which is being mobilized from Canada. Cabo Drilling Corp. is a drilling services company [...]
By Leia Michele Toovey – Exclusive to Copper Investing News Copper finishes the week with a steady rise. The Friday opening price of the metal was $8,320/ tonne compared to Thursday’s price of $8,230/ tonne, despite the fact that concerns over shrinking Chinese demand, and the resolution of the Latin American strikes were expected to [...]
By Leia Michele Toovey – Exclusive to Copper Investing News After last weeks price fluctuations, fueled by labour instability and shrinking stockpiles, copper takes a break. Since Monday, copper’s market value has oscillated, without gaining momentum in either direction. This past week has been a case of “hurry up and wait” as pending market news [...]
The Corporation owns 100% of the Pumpkin Hollow Copper Development Property in the Walker Lane mineralized belt of Western Nevada. Pumpkin Hollow is an advanced development stage copper property, which contains Measured and Indicated Resources totaling 4 Billion pounds of Copper plus additional Inferred Resources of 3.9 Billion pounds of Copper (all using a 0.2% copper cutoff grade).
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