Sterlite Industries (India) Limited posted the results for the Q2 & H1 ended 30 September 2008. The company reported a significant fall in unit production costs in Copper businesses, despite rising energy costs. For full story, click here For company’ website, click here
Copper miner Quadra Mining Ltd. is likely to fall, bids indicated, after its stock was downgraded at UBS AG. For full story, click here For company’s website, click here
The third quarter earnings of Freeport-McMoRan Copper & Gold Inc fell 33 percent as metal prices declined. Kerry Smith, mining analyst at Haywood Securities Inc, said: At about $2.20 a pound for copper, they’re feeling the pain at some of their operations. In the short term, I wouldn’t expect to see closures, but if we have [...]
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 [...]
Friday, November 7, 2008