Afghanistan’s political future remains uncertain, but there is no doubt about its copper wealth. The Afghan government is eager to learn from the best practices of major mining groups, but competition to tap into the country’s copper riches is heating up among miners both large and small.
Pebble Creek Mining Ltd. (CVE:PEB) is a resource exploration and development company with two projects in India. The Company’s most developed project is the Askot Project in North India with an NI 43-101 indicated mineral resource. The project is a copper, lead, zinc, silver and gold mine that has undergone extensive drilling. Pebble Creek’s other property is the Gadarwara Project in Central India, and is still at a very preliminary stage of exploration.
Usfunds.com reports on the role of China on Copper Market.
India’s copper futures may open slightly lower on Friday as higher-than-expected U.S. jobless claims renewed concerns of a weak economic recovery. Paras Sejpal, an analyst with TransMarket Group Research, stated: Copper’s good support is towards 288.50-289 rupees levels, expect corrective decline towards this level and find support there. For full story, click here
India copper futures extended losses for a fourth day on Wednesday, as slipping equity markets and a stronger dollar weighed on prices. The most-active August copper contract MCCQ9 was 1.53 percent lower at 292.55 rupees per kg at 5:42 p.m., after losing 4 percent in the last three sessions. Tejas Seth, senior research analyst with [...]
India copper futures reversed early gains to trade in the negative zone on Friday on overseas leads, where traders weighed hopes for an economic recovery against fears that the rally has been overdone. For full story, click here
India copper futures eased on Thursday in tune with overseas markets, where economic concerns weighed on the red metal along with profit-booking. For full story, click here
India copper futures edged higher on Friday aided by a weak dollar and positive global data that kindled hopes of an economic recovery overseas. For full story, click here
India copper futures recovered partly on Thursday, supported by surging equity markets, along with comforting statements from the Chinese central bank. Praveen Singh, an analyst with Sharekhan Commodities, stated: Prices are supported by stock markets and Chinese central bank’s statement. For full story, click here
India copper futures have extended gains for a third session on Monday as optimism of an early economic recovery raised hopes of demand revival. For full story, click here
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