Rising Stockpiles Halt Copper’s Rally
Copper futures lost their upward momentum on Tuesday, sending the red metal’s value down across the globe. The sudden stop of the metal’s recent ascent marked the close of copper's fastest rally on record.
Articles Tagged "investing"
Copper Fox Books $5m of $6m Financing
Copper Fox Metals (CVE:CUU) annouced today a $6m financing that would consist of over 106m units consisting of a share and a full warrant. Ernesto Echavarria, a Mexican businessman has committed to a $5m investment which would give him control of the company. The financing will be subject to ratification at a special meeting of [...]
Copper’s ascent sentiment-driven
By Leia Michele Toovey-Exclusive to Copper Investing News Speculation that the worst may be over, when it comes to the recession sent the price of copper above $2.00 a pound on Thursday for the first time since October. Stock indexes rose in Asia and Europe this week and were poised for gains in the U.S. [...]
Copper rally short-lived
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures started the year on a note of optimism. On January 3, the first day of trading in 2009, copper peaked at US$1.6225, the contract’s highest point since December 2 2008. Copper was just one of the base metals to rally as a result of [...]
Copper prices ignore rate cut
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices fell to the lowest in almost four years on concern that the deepening global recession will reduce metal demand through next year. Copper prices have plunged 55 per cent this year, heading for a record annual decline. Copper futures for March delivery slipped 0.4 [...]
Poor economic data causes copper crash
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 [...]
Dajin Resources Corp.: Exploration Innovation, The Next Discovery
Overview Dajin Resources Corp. (“Dajin”) is a British Columbia exploration company with mining projects in the Cariboo Mining District in Central BC and the Nelson Mining District in South-eastern BC. Dajin has the right to earn a 65% interest in 32 Cowtrail mineral claims where a seven hole drill program was completed in the summer [...]
Tirex Resources : We don’t simply own a great project. We own a great district.
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 [...]
