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 [...]
Nord Resources Corporation announced that it has commenced the mining of new ore at its Johnson Camp Mine near Tucson. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices may slump by more than half this year as the global recession cuts demand. MF Global Ltd., one of 12 companies that trade on the floor of the London Metal Exchange, predicts that the three-month contract may average $3,250 per metric tonne in [...]
Freeport-McMoRan Copper said it would reduce mining and crushed leach rates by 50 percent, compared with a 25 percent curtailment announced in December, along with a series of other operating reductions and deferred start-ups. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices will be low in the near term as weak demand and piling inventories exert downward pressure, however, for the long term analysts are bullish. When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to [...]
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures were able to hold on to their positive momentum until Thursday’s close, when consistent inventory builds and grim economic data suggested that demand will exert more downside pressure. Copper started the New Year with a bang, but the positive movement was cut short [...]
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 [...]
Anvil Mining Ltd says it suspending copper production and shutting its Dikulushi mine in the Democratic Republic of Congo (DRC). For full story, click here
Overview TNR Gold Corp. (TSX-V: TNR) is a junior mining company actively exploring a portfolio of properties in North and South America. Our primary focus in 2008 is the exploration and development of three key projects in Argentina: Eureka, El Salto, and El Tapau. We continue to explore our other properties while identifying new quality [...]
The company amassed a fortune in commodities – valued in excess of $4 billion – when oil cost about $20 a barrel and gold traded for $300 an ounce, by having an innate ability to spot value. For full story, click here
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