By Leia Michele Toovey- Exclusive to Copper Investing News After the week started on a good note, on Wednesday a Fed warning that the U.S. economy still faces significant threats and bleak U.S economic data led Wall Street to its worst day since the 1987 stock market crash. Copper dropped as much as 8 per [...]
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures ended positive on Wednesday as bargain hunters took advantage of lower prices following declines in the red metal triggered by a strengthening U.S. currency. The dollar surged to its highest level against the euro since January amid growing expectations that the American economy [...]
By Leia Michele Toovey – Exclusive to Copper Investing News Copper stretched forward Friday, retracing from the five week low it hit on Thursday. Thursday’s price was weighed down by a stronger dollar and weakening global economic growth. The phrase “global recession” popped up again this week after German data showed business confidence declined to [...]
Overview Serengeti Resources Inc. is a Vancouver based junior exploration company focused on exploration for copper (Cu), gold (Au) and molybdenum (Mo) deposits in the Quesnel Trough, Northern British Columbia – the largest copper-gold porphyry belt in Canada. A strong globally-experienced and technically-skilled management team Focusing on Cu, Au and Mo deposits in the highly [...]
By Leia Michele Toovey – Exclusive to Copper Investing News The two major news pieces on the copper market early this week are: declining Chinese consumption, and Fannie and Freddie’s bailout wrecking havoc on the US economy. Top copper consumer China released a report showing copper consumption levels in June down 17% compared to May, [...]
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 [...]
Overview Copper Canyon Resources Ltd. (CPY:TSX-V) is a Canadian exploration and development company formed in June 2006 in a spin-off from Eagle Plains Resources (EPL:TSX-V). CPY seeks to add shareholder value by applying the joint venture model to advance its projects to production. Copper Canyon, the most significant property, is located adjacent to the Galore [...]
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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