Kingfisher Copper Prospect has announced a gravity survey and six anomalies have been defined. The project is located at Victor Project in northwest Queensland. The company holds a total of 15 exploration permits and applications and has an exploration program on these project areas in northwest Queensland. Previous work on the Kingfisher Copper Prospect reported [...]
Xstrata Plc., the fourth-leading copper producer, received approaches to sell 70 percent of its El Morro project in Chile that may lead to another partner joining or the company selling its interest in the mine. For full story, click here
State-owned conglomerate Russian Technologies and its partners in the Udokan copper project plan to invest $3 billion in the next two to three years and are in talks with banks on funding, the firm’s head declared on Thursday. For full story, click here
Yunnan Copper Co,, China’s third-largest copper producer, declared that it will place up to 300 million new shares with investors, surging about $880 million for a copper expansion project and to purchase assets from its parent company. For full story, click here
Nevada Copper (TSE:NCU) reported today that the resource estimate for their deposit in western Nevada has jumped again. The new resource estimate includes 9.3 billion pounds copper, 1.45 million ounces gold and almost 55 million ounces of silver. These amounts are in the measured, indicated and inferred resource categories. This is the second major update [...]
Chilean copper miner Antofagasta Plc is purchasing a 40 percent stake in a thermo-electric power plant which will supply electricity to its Esperanza copper-gold mine project. For full story, click here
State-owned China Metallurgical Group Corp. has begun working on a multi-billion dollar copper mining project in Afghanistan. For full story, click here
VMS Ventures Inc. has announced the details of the upcoming field program on the Copper project. For full story, click here
Copper King Mining Corporation has provided an update today on its recent drilling at the Road Project, on both sides of the road between the Company’s Hidden Treasure Mine and the Company’s newly-completed mill. For full story, click here
Jiangxi Copper Corp has launched an expansion project at its Dexing copper mine to raise copper output by nearly one third. For full story, click here
Tuesday, September 29, 2009