Tag Archive | "mineral"

Economic optimism drives copper to 10 month high

Wednesday, August 5, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News Optimism surrounding an economic recovery drove copper to a ten month high on Wednesday, as investors flooded the market with money, betting on stronger demand. Three-month copper on the London Metal Exchange hit $6,149 a tonne, the highest since last October, up slightly from Tuesday’s high [...]

Argonaught discovered 6mln tonne copper, zinc deposit

Monday, June 15, 2009

Argonaut Resources declared a mineral deposit of zinc and copper at Kroombit, about 100 kilometres west of Gladstone, will strongly support the company’s plans to establish an open cut mine in the area. For full story, click here

Copper’s rollercoaster ride

Wednesday, May 27, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News A battery of economic data pulled copper in every direction this week; U.S. copper futures retreated from a near three week high Wednesday morning, as a mixed report from the housing sector boosted the greenback.  Consumer confidence sent copper on a rally Tuesday, overshadowing the weak [...]

High Grade Copper Results – 42m of 3.2% Copper!

Tuesday, April 28, 2009

Nevada Copper (TSE:NCU) reported today more high grade copper results at its Pumpkin Hollow copper project in Nevada.  Highlights of the results include 42 meters of 3.2% copper and 38 meters of 3.2% copper in two separate holes.  These results are said to confirm continuity of high grade mineralization at the project. The release goes [...]

Backwardation hits LME copper market

Thursday, April 23, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News This week, a slew of bad news zapped copper’s recent rally. Copper fell in London on concerns about demand for the industrial metal after the International Monetary Fund said the global economy will shrink this year.  Copper for delivery in three months lost $36.25, or 0.8 [...]

Copper reflects economic sentiment

Friday, February 20, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News Copper is often looked to as a barometer of economic health due to its copious use in building and construction.  When an economy is growing, copper use rises exponentially. In the early 2000′s rapid economic growth paved the way for an explosion in demand for the [...]

Poor economic data stifles copper’s gains

Sunday, February 8, 2009

By Leia Michele Toovey- Exclusive to Copper Investing News Data released Thursday showing a further deterioration in the manufacturing sector snapped copper’s positive trend. Copper for March delivery shed 3.10 cents to close at $1.50 a lb on the New York Mercantile Exchange’s COMEX division. COMEX copper had gained nearly 7 per cent during the [...]

Mineral Deposits completes pvt placement

Thursday, February 5, 2009

Mineral Deposits Limited announced the private placement of 63 million ordinary shares in MDL. For full story, click here

Nevada Copper Corp. – Developing Nevada’s Next Major Copper Mine

Sunday, June 29, 2008

The Corporation owns 100% of the Pumpkin Hollow Copper Development Property in the Walker Lane mineralized belt of Western Nevada. Pumpkin Hollow is an advanced development stage copper property, which contains Measured and Indicated Resources totaling 4 Billion pounds of Copper plus additional Inferred Resources of 3.9 Billion pounds of Copper (all using a 0.2% copper cutoff grade).

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