Santa Fe Metals Corporation announced results from their Cuatro Cienegas project in the State of Coahuila, Mexico. Copper oxide material from Cuatro Cienegas is being tested by Professional Associates Ltd. (PRA) in Richmond, BC. The average head grade as determined by PRA is 1.7% total copper (TCu), of which 86% or 1.46% is leachable oxide [...]
Continue reading "Santa Fe Metals Yields 3.2% Copper"
Monday, October 6, 2008
The strong US dollar and demand concerns left copper dropping 6.3% to $2.52 a pound. Copper down in line with sharp losses on Wall Street, with the Dow Jones industrial average .DJI down 309.59 points, or 3.00 percent, at 10,015.79. The Standard & Poor’s 500 Index .SPX off 37.99 points, or 3.46 percent, at 1,061.24, [...]
Continue reading "US Copper Slammed"
Tuesday, September 30, 2008
Stingray Copper Inc. provided a metallurgical test program update for their El Pilar copper Project in Mexico. The testing has been carried out by Metcon Research Inc. and Noranda Mexico/Falconbridge. Stingray completed its program of 207 in fill drill holes at the El Pilar resource in June of 2008. Fifty nine of these drill [...]
Continue reading "Stingray Copper Update"
Monday, September 29, 2008
West Timmins Mining Inc. (WTM) reported on the drilling results of their wholly owned Montana de Oro project in Sonora, Mexico. They have extended the La Dura Copper zone to more than 1,000 metres along the north-south drill section. Copper mineralization has been intersected over down-hole widths of 61 to over 300 metres with grades ranging [...]
Continue reading "WTM Extends La Dura Copper Zone"
Monday, September 15, 2008
US Precious Metals, Inc. (USPR) has discovered proven gold, silver and copper reserves at their mining concession in southern Michoacan, Mexico. The drilled veins are known as La Sabila Veins 1 and 2. A proven reserve of 199,200 tons has been calculated for these two veins. Assays of Vein 1 taken in hole 5 and [...]
Continue reading "US Precious Metals Announces Copper Reserves"
Monday, September 15, 2008
Stingray Copper Inc. explored their El Pilar Oxide Copper project in Sonora, Mexico and have produced an updated mineral resource. The update meets the “reasonable prospects for economic extraction” requirements as found in the Canadian National Instrument 43-101 code and the Australian JORC code. The new mineral resource is based on an updated mineral resource [...]
Continue reading "Stingray Expands Oxide Copper at El Pilar"
Monday, September 8, 2008
The first tranche closing of its non-brokered private placement was completed by Bell Copper Corporation. Bell Copper has copper projects through the world and is focusing on two main projects including La Balsa in Michoacan, Mexico and Granduc in British Columiba, Canada. The Company has issued 1,998,500 units at a price of CDN$0.40 per unit. [...]
Continue reading "Bell Copper Closed First Tranche"
Wednesday, August 20, 2008
The El Oso Zone at Cobre Grande project in Oaxaca, Mexico has shown significant copper, copper-molybdenum and molybdenum intercepts in their 11 holes of drilling. Linear Metals Corporation has extended the mineralized strike of the El Oso Zone discovery to 300 metres. Highlights from the two holes include: - CGRC-18: 132 metres of 0.84% copper, [...]
Continue reading "Linear Metals Extends Copper-Molybdenum Mineralization"
Friday, August 8, 2008
By Leia Michele Toovey – Exclusive to Copper Investing News On Tuesday, liquidation pushed copper to a six- month low to below $3.40 per lb in the New York Futures COMEX division trade. The end of market announcement of the Federal Reserve decision to keep interest rates steady at 2 per cent helped copper gain some. But analysts [...]
Continue reading "Copper Slowly Rebounds from Six Month Low"
Wednesday, July 30, 2008
Traders’ concerns about copper supply supported the almost 3 percent rise of copper after a 6-week low. Grupo Mexico’s lack of production supported the copper rise and there is no date set for restart of production at the Cananea mine. The copper market is quite finely balanced so its terribly sensitive to any production news,” said Fairfax [...]
Continue reading "Copper Rebounds on Supply Fears"
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Thursday, October 16, 2008