Articles Tagged "stock"

Dominon purchased 100% of Cerro Chorcha Copper Project

Dominion Minerals Corporation and Bellhaven Copper & Gold declared that the parties have consummated a Stock Purchase Agreement, whereby Dominion has purchased Cuprum Resources Corp., the Company that owns 100% of the Cerro Chorcha Concession, from Bellhaven, thereby purchasing 100% of the Cerro Chorcha Copper Project. Dominion purchased Cuprum for a sum of US$2,500,000 and [...]

Southern Copper opened at $20.09

Southern Copper opened at $20.09. So far today, the stock has hit a low of $18.83 and a high of $20.40. PCU is now trading at $19.02, down $2.02. For full story, click here

First Quantum paid a steep payment

First Quantum Minerals reported to have paid a steep price to raise cash Tuesday, a total of $300-million share sale at a 12 per cent discount to where its stock was trading before the financing. For full story, click here

China stock market rose, Jiangxi copper surged 10%

China’s main stock market index rose for a fifth day Friday, gaining 7.2 percent for the week as increased commodity prices pushed up metals stocks. Jiangxi Copper Ltd., China’s second-largest metal producer, surged the daily maximum of 10 percent, Jiangxi Copper to 22.33 yuan. For full story, click here

First Quantum to touch copper output level to 500,000 tons

Among leading miners focused on copper production, First Quantum can lay claim to being among the best relative stock price performers. First Quantum’s primary focus that is copper could reach group output levels close to 500,000 tons in 2011, including production from Kolwezi and Kashime, also in the DRC. For full story, click here

Copper reflects economic sentiment

By Leia Michele Toovey- Exclusive to Copper Investing News Copper is often looked to as a barometer of economic health due to its copious use in building and construction.  When an economy is growing, copper use rises exponentially. In the early 2000′s rapid economic growth paved the way for an explosion in demand for the [...]

Analysts bullish on copper

By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices will be low in the near term as weak demand and piling inventories exert downward pressure, however, for the long term analysts are bullish. When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to [...]