After finally experiencing upward momentum earlier in the week, copper prices plunged Thursday, as China reported a shrinking trade surplus, and concerns over the European debt crisis took a bite out of the metal’s demand prospects.
Paragon Minerals Corporation (TSXV:PGR) provided a further update on exploration activities and results on its controlled South Tally Pond volcanogenic massive sulphide (VMS) project in central Newfoundland.
Virgin Metals Inc. (TSXV:VGM) announced with immediate effect that its Board of Directors has approved the adoption of a shareholder rights plan subject to acceptance by the TSX Venture Exchange.
Copper futures ended nearly flat Thursday, supported by some better-than-expected US economic data; however, futures remained under pressure due to the sentiment that the global economy is barreling towards another recession.
Virgin Metals Inc. (CVE:VGM) announced that it has acquired 100% title to the Potreritos deposit concessions in Sonora, Mexico.
Copper prices staged a modest recovery on Monday, gaining 4.4 percent on the COMEX and 4.1 percent on the LME, as investors digested last week’s slide to a 14-month low as an opportunity to bargain hunt.
Virgin Metals Inc. (CVE:VGM) announced an update of the ongoing work at their projects located in Sonora, Mexico.
Virgin Metals Inc. (CVE:VGM) announced that it has closed its private placement of 6,000,000 units for gross proceeds of $1,500,000.
On Thursday, copper prices plunged as China’s released a preliminary purchasing manager’s index of 49.4, signalling that the world's largest copper consumers economy is contracting.
Paragon Minerals Corporation (CVE:PGR) provided an update on the drilling activities and results on its South Tally Pond volcanogenic massive sulphide (VMS) project, central Newfoundland.
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