AQM Files NI 43-101 Technical Report for Peruvian Project
AQM Copper Inc. (TSXV:AQM) announced that it filed an NI 43-101 compliant technical report for its Zafranal project, located in Southern Peru.
AQM Copper Inc. (TSXV:AQM) announced that it filed an NI 43-101 compliant technical report for its Zafranal project, located in Southern Peru.
Zincore Metals Inc. (TSX:ZNC) announced that it has entered into a strategic partnership with First Quantum Minerals Ltd. (TSX:FM) so that it can advance its Peruvian Dolores copper porphyry project.
Peru ranks third in world copper production. The country is also the top producer of silver, the second largest producer of zinc, fourth for lead and sixth for gold. As of 2009, mineral exports accounted for 61 percent of total export revenue in Peru, which produced 1,260,000 metric tonnes of copper that same year, according to the USGS.
Bloomberg reports that Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) and partner Cia. de Minas Buenaventura SA are studying a $3.5 billion expansion of their Cerro Verde copper mine.
Bloomberg reports that Peru’s sol declined the most in a week as copper prices fell.
Iberian Minerals Corp. (CVE:IZN) announces financial and operating results for the third quarter ended September 30, 2010.
Sagittarius Capital Corp. (CVE:SCX.H) enters a Letter of Intent with Alpaca Resources Inc. to acquire all of the issued and outstanding securities of Alpaca.
BHP Billiton Limited workers at copper mines in Chile and Peru are pressing for a share of record profits earned in 2008 as talks commenced on new labor contracts. For full story, click here
Phoenix based Southern Copper declared that it has raised its copper production guidance for 2009 to 490,000 tonne from 470,000 tonne largely thanks to record Q2 red metal production at the Ilo smelter in Peru. For full story, click here
The record Q2 copper production at the Ilo smelter in Peru encouraged the Phoenix-based Southern Copper to raise red metal production estimation for 2009. For full story, click here
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