Refined Copper Output of China, India Tripled
The annual production of refined copper in Asian giants China and India more than tripled during 1999-2008, as per International Copper Study Group (ICSG). For full story, click here
The annual production of refined copper in Asian giants China and India more than tripled during 1999-2008, as per International Copper Study Group (ICSG). For full story, click here
World copper mine output surged 21 percent between 1999 and 2008 to 15.5 Million tonnes, the International Copper Study Group said on Friday. For full story, click here
The Chilean peso has closed weaker against the dollar Wednesday, tracking the euro’s losses against the greenback and lower international copper prices. For full story, click here
Chilean President Michelle Bachelet declared that the price surge of the international copper is a clear signal that the world economy is recovering. For full story, click here
Namibia’s sole copper miner Weatherly Mining Namibia declared that it will not re-open its five mothballed copper mines in 2009, despite a notable recovery in the global prices of copper. For full story, click here
Following the rejection of an inferior offer by Natasa Mining, African Copper declared that it has entered into a binding agreement with Zambian Copper International which should see the Botswana Stock Exchange-listed company receive a major cash injection of as much as US$22.5 million. For full story, click here
Copper futures on Wednesday have recovered 0.76 per cent on the back of covering-up of short positions by speculators amid better trend in the international markets. For full story, click here
India copper futures are reported to trade lower on Monday following international markets, where a broad sell-down in commodities and stocks on fears a deadly flu outbreak could reach pandemic proportions pressured the metal. T. Gnanansekar, director with Commtrendz Research in Mumbai, stated: The downward trend would continue in copper on the back of doubts [...]
International Royalty Corp. announced that it has invested $5 million in Nord Resources Corp producing Johnson Camp copper mine in Cochise County, Ariz., in exchange for a royalty on the project. For full story, clcik here
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