Zambia's Copper Cathode Output surged 17%
Zambia’s copper cathode output surged 17 percent to 167,185 tonnes during the first quarter of 2009 compared with the same period last year. For full story, click here
Articles Tagged "production"
Kazakhmys up as own copper production surged
Miner Kazakhmys moved ahead despite seeing first quarter ore output dipped 13.8% as copper production from its own concentrates surged. For full story, click here
Capstone Mining reported first quarter copper production
Capstone Mining Corp. revealed its production for the three months ended March 31, 2009, with record production and operating costs from its two operations, the Cozamin and Minto mines. A record 26.1 Million Pounds of Copper in Concentrates With Estimated Total Cash Cost of US$1.05 per Pound of Payable Copper were announced. For full story, [...]
Is the bull about to make a comeback?
By Leia Michele Toovey-Exclusive to Copper Investing News Copper’s rapid ascent in 2009 reopened the question- are we there yet? Since the economic crisis started everyone has been seeking the answer to the elusive question- have we hit the bottom? The red metal, considered a barometer of economic health, has rallied 33 per cent so [...]
Asarco plans to slowdown its copper production
The copper-use recession has caused a major domestic copper supplier to reduce output this spring. Tucson, Ariz.-based copper company Asarco temporarily shut its rod and cake plants in Amarillo, Texas, last week and has revealed its plans to make periodic slowdowns at its copper refineries in Amarillo and Hayden, Ariz., beginning this week as a [...]
Finders Resources to ship first Copper Cathode In Indonesia
In a move to benefit existing shareholders and future Indonesian copper production, Finders Resources has announced its maiden shipment of 61 tonnes of copper cathode from the Wetar Copper Project on March 6th 2009. Finders’ Indonesian based Managing Director, Chris Farmer said: Progress at the demonstration plant strongly vindicates our faith in the technical robustness of [...]
China’s stimulus shakes copper market fundamentals
By Leia Michele Toovey- Exclusive to Copper Investing News The arbitrage window that allows profitable imports of copper from the international market into China snapped closed on Thursday as the gap between Shanghai and London markets narrowed sharply. Half the available copper stock in Asia and 10 per cent of the material in Europe is [...]
Poor GDP numbers put a dent in copper’s rally
By Leia Michele Toovey- Exclusive to Copper Investing News U.S. copper futures plunged more than 6 per cent early Friday after government data showed a larger than expected fourth quarter GDP collapse. The bad news capped a week where optimism pushed copper futures up. In fact, copper increased, and safe haven gold pared losses. On [...]
Production at Bass Metals' Que River mine to be double
Bass Metals says a recent geological survey found the ore body is much larger than first estimated and the life of the mine could be extended. The small-scale open pit mine has been producing mostly zinc, lead and copper since October 2007. For full story, click here
Poor economic data stifles copper’s gains
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 [...]
