By Leia Michele Toovey- Exclusive to Copper Investing News Copper held steady early Wednesday, in anticipation of the Fed’s statement, but following the announcement that the U.S. economy is “leveling out,” and the central banks as pledge to keep interest rates low for an “extended period” copper rose to a fresh 2009 high. Copper for [...]
Continue reading "Copper rallies after Fed Statement, to Hit 2009 Peak"
Wednesday, August 12, 2009
BHP Billiton Ltd. workers are threatening to strike at the world’s leading copper mine if the company doesn’t meet demands for a share of record profits. Pedro Marin, president of Chile’s Mining Federation, stated: We don’t see any alternative. For full story, click here
Continue reading "BHP Billiton Workers Threatened Striked at Escondida Amid Talks"
Tuesday, June 2, 2009
Copper Fox Metals (CVE:CUU) annouced today a $6m financing that would consist of over 106m units consisting of a share and a full warrant. Ernesto Echavarria, a Mexican businessman has committed to a $5m investment which would give him control of the company. The financing will be subject to ratification at a special meeting of [...]
Continue reading "Copper Fox Books $5m of $6m Financing"
Wednesday, May 27, 2009
By Leia Michele Toovey- Exclusive to Copper Investing News A battery of economic data pulled copper in every direction this week; U.S. copper futures retreated from a near three week high Wednesday morning, as a mixed report from the housing sector boosted the greenback. Consumer confidence sent copper on a rally Tuesday, overshadowing the weak [...]
Continue reading "Copper’s rollercoaster ride"
Thursday, May 14, 2009
Nissan Copper, engaged in the manufacture and marketing of copper products has approved surge in authorized share capital of the company. For full story, click here
Continue reading "Nissan Copper raises authorized share capital"
Sunday, February 8, 2009
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 [...]
Continue reading "Poor economic data stifles copper’s gains"
Tuesday, December 2, 2008
India-focused mining group Vedanta Resources Plc said it would spend $250 million to buy back up to 10 percent of its shares, but said it would still have plenty of cash to pay for expansion programmes. For full story, click here
Continue reading "Mining group Vedanta launches $250 mln share buyback"
Friday, November 28, 2008
Aurum Mining PLC is seeking shareholder approval to cancel the share premium account to enable a future return of cash as it has not yet received an offer for its principal asset, the Andash project in the Kyrgyz Republic, that it would want to recommend to shareholders. For full story, click here
Continue reading "Aurum Mining seeks approval to cancel share premium account"
Sunday, July 13, 2008
Overview Apoquindo Minerals (AQM: TSXv) is advancing its Copper Oxide Project in the heart of the world’s greatest copper producing region in Chile, as well as actively exploring multiple base metal and precious metal projects in Peru. During management’s tenure as top executives with Codelco Chile, the world’s largest copper producer ($24B market cap), they [...]
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Thursday, August 13, 2009