Copper Mining in Indonesia
Indonesia is fortunate to be endowed with vast mineral wealth. The country is the world’s second largest producer of tin and nickel and, in 2009, according to the USGS, was the world’s fourth largest copper producer.
Indonesia is fortunate to be endowed with vast mineral wealth. The country is the world’s second largest producer of tin and nickel and, in 2009, according to the USGS, was the world’s fourth largest copper producer.
Reuters reports that on Wednesday, Goldman Sachs and BlackRock, has declined to comment on market talk that they were planning a copper exchange-traded product.
Franconia Minerals reports its results from holes BL10-05 and BL 10-06 at the Birch Lake deposit in northern Minnesota. Both drill holes are located on the eastern margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes. The mineralized zone remains open in that direction. Franconia Minerals’ President and CEO, Brian [...]
Landen Capital reports the discovery of 2 new mineralized zones from Landen’s main Samapleu poly-metallic deposit. These two holes, drilled last week, were aimed at testing induced polarization (“IP”) anomalies that formed two parallel sectors several km long and 500 m apart from each other. These two new discoveries increase the potential of the Project by adding [...]
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 [...]
Research Capital, an integrated investment dealer reports new discoveries in the resource sector over last few years. We use our Intersections database as an early warning system to not only highlight a project early in the discovery cycle, but also to monitor its progress through the discovery and advanced drilling phase. In this way, we can compare [...]
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 [...]
Trillium North Minerals Ltd.has been informed by its joint venture partners that an eight-hole, 3903 metres drill program has been completed on the Seagull ultramafic intrusion located 85 kilometres north of Thunder Bay. For full story, click here
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