Redhawk Resources, Inc. (CVE:RDK) receives notice from the Trustee for AMT (USA) Inc. that court approval has been obtained for the purchase by the Company of the 2.25% net smelter royalty held by AMT.
Aheadoftheherd.com reports that copper is talking up a storm.
Mitsubishi Materials Corp., Japan’s No. 3 copper smelter has returned to full output, the firm declared on Monday, becoming the first major Japanese firm to reverse cuts, although the situation still needs watching. For full story, click here
The parent of Jiangxi Copper is building a 200,000-tonne-per-year lead smelter and a 200,000-tonne-per-year zinc smelter in China’s Jiangxi province. For full story, click here
BHP Billiton, the world’s biggest mining company, may win a reduction in copper processing fees from Japanese smelters in mid-year supply contracts. For full story, click here
Nippon Mining & Metals Co declared that it will resume copper concentrate unloading from a ship for its Saganoseki smelter in southern Japan after an accident prompted operations to be suspended. For full story, click here
Nippon Mining and Metals declared that three workers have been killed while unloading raw materials from a ship at a copper smelter in southern Japan. For full story, click here
Nippon Mining & Metals Co Ltd. declared that three workers were killed in an accident at the weekend while unloading raw materials from a ship for its copper smelter in southern Japan. For full story, click here
First Quantum Minerals may consider building a copper smelter in Africa to help ease a capacity shortage that has surged costs at its mines, the company’s president said on Wednesday, lifting its shares. For full story, click here
By Leia Michele Toovey- Exclusive to Copper Investing News Copper futures rose Friday after government data showed the U.S. lost much fewer jobs last month than expected, fueling hopes for an economic recovery. Copper steadied on Thursday, gaining support from rising equities and a weaker dollar, after the metal plunged just before close on Wednesday. [...]
Wednesday, November 3, 2010