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Russian Tech Eyeing $3 bln Investment in Udokan Copper

Reporter — Thu, 06 Aug 2009 15:57:15 +0000

State-owned conglomerate Russian Technologies and its partners in the Udokan copper project plan to invest $3 billion in the next two to three years and are in talks with banks on funding, the firm’s head declared on Thursday. For full story, click here

Zhonghui Mining will explore Copper Resources in Zambia

Reporter — Mon, 27 Jul 2009 12:37:01 +0000

DJ declared that Hong Kong based Zhonghui Mining Group has planned to invest USD 3.6 billion in the exploration and mining of copper resources in Zambia over the next five years. For full story, click here

Copper joins the base metals slide

Reporter — Fri, 24 Oct 2008 04:55:11 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News On the Shanghai Exchange, copper has tumbled 18 per cent this week alone, putting the year’s cumulative losses at 41 per cent. The current price point of copper puts it on par with the level it was at in December 1999. Copper for January delivery dropped [...]

Poor economic data causes copper crash

Reporter — Fri, 17 Oct 2008 05:23:27 +0000

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 [...]

Copper joins stock market rally

Reporter — Tue, 14 Oct 2008 04:17:24 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Monday Oct 13 2008 is a day that will go down in history. This day, which was also Canadian Thanksgiving, and Columbus Day in the US, was the first day in a long time that the markets gained significant upward momentum. Oct 13 was a record [...]

Copper's wild ride

Reporter — Fri, 10 Oct 2008 07:40:14 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News It has been a volatile week for copper prices. On Wednesday, copper tumbled to its lowest price since March 2006 over concern of a global recession. Three-month copper on the London Metal Exchange (LME) closed at US$5,240 per tonne. Later on Wednesday, the U.S. Federal Reserve, European [...]

Copper in limbo over government bailout

Reporter — Sat, 27 Sep 2008 03:35:53 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper sat in relative limbo as investors focussed on the government’s proposed financial bailout plan. On India’s Multi Commodity Exchange, the MCX, futures were steady with an upside bias as a week dollar and rising crude extended support. The upside, however, was capped by bailout uncertainties. Thursday’s benchmark November [...]

As week closes, negative market sentiments extend to copper

Reporter — Fri, 19 Sep 2008 02:59:39 +0000

By Leia Michele Toovey- Exclusive to Copper Investing News Copper started the week on the upside with the dollar’s decline instigating gains that strong- armed the market catastrophe’s negative sentiment. As the week progressed though, copper futures ended lower as global economic growth concerns and further turmoil in financials weighed on sentiment. Copper prices were [...]

Metorex will invest $400 Million to increase Copper Output

Reporter — Thu, 21 Aug 2008 12:55:16 +0000

Metorex Ltd. will invest $400 million over the next five years to increase its copper output by five times. For more information, click here For company’s website, click here

Tirex Resources : We don’t simply own a great project. We own a great district.

Reporter — Fri, 18 Jul 2008 17:13:09 +0000

Overview Tirex Resources is the first explorer to employ modern exploration techniques on the past producing 344 km² Mirdita District in Albania. This large VMS (Volcanogenic Massive Sulphide) District hosts 9 past producing mines, 17 known VMS deposits, and as defined by the first ever geophysical survey, 22 high priority exploration targets. This unique opportunity [...]