Zimtu Capital Corp. (CVE:ZC) reports acquisition of the Day copper-gold porphyry property, British Columbia. The project is located in the Toodoggone region, an area which has seen a significant increase in mineral exploration for copper, gold, and silver deposits in recent years. For complete news release, click here. For Zimtu Capital’s company profile, click here.
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 [...]
Mongolia has sought $25 billion of overseas investments in mining in the next five years to develop some of the world’s leading untapped gold and copper resources. For full story, click here
Teck Resources has cut its copper output expectations for this year and next due to movement of a pit wall at its Highland Valley mine in British Columbia, the company declared a sparking a 1.4 percent dip in its shares. For full story, click here
China Shen Zhou Mining & Resources, Inc., a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, declared that the Company resumed output at its fluorite processing plant at its Xiangzhen Mining Plant, located in Inner Mongolia, and at Xingzhen Mining, located in [...]
Apella Resources Inc. and its Board of Directors declared the acquisition of an assemblage of Ontario mineral claims which includes the LoadStar Copper Project which is situated in Montgomery Twp., approximately 70 miles east of Sault Ste. Marie, Ontario and 116 miles west of Sudbury, Ontario. For full story, click here
Development of the Wetar Copper Project has owned 92 per cent by Finders Resources just got a whole lot closer as it entered into a Heads of Agreement to acquire the Whim Creek SX‐EW plant and equipment owned by Straits Resources Ltd. Investors cheered the deal sending Finders shares over 5% higher. For full story, [...]
Zambia announced that it will select a new investor for Luanshya Copper Mines next week after receiving bids from India’s Vedanta Resources Plc, China’s NFC Africa and two local firms. Mines minister Maxwell Mwale stated: Our technical committee is currently evaluating the bids and we hope by next weekend we should come up with a [...]
South African copper producer Metorex is suing Central African Mining and Exploration Company for $127 million after the latter failed to make an obligatory offer to the company when it purchased shares in Copper Resources Corp. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News This week, a slew of bad news zapped copper’s recent rally. Copper fell in London on concerns about demand for the industrial metal after the International Monetary Fund said the global economy will shrink this year. Copper for delivery in three months lost $36.25, or 0.8 [...]
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