The latest COPPER news on the web |
Mining News: COPPERBear Creek announces drilling start up on Piedra Sagrada Gold Targets, Peru VANCOUVER, Sept. 8 /CNW/ - Bear Creek Mining (TSX Venture: BCM) (”Bear Scorpio’s Drilling of the North West Main Zone Intersects 13,671 g/t Silver, 8.18% Zinc, 0.37% Copper, 25.69% Lead and 4.75 g/t Gold over 0.6 metres within 18 metres grading 1,124 g/t Silver, 1.41% Zinc, 0.13% Copper, 2.20% Lead and 0.355 g/t GoldTSX:SPM VANCOUVER, Sept. 8 /CNW/ - Scorpio Mining Corporation (TSX:SPM) is Shanghai copper down 2 pct, LME bouncesChina - * Shanghai copper falls 2 pct after LME tumbles 4.5 pct * Copper stocks up 10 pct in London, 8.4 pct in Shanghai, weigh * Bail-out of Freddie and Fannie sinks dollar, boosts commods (Updates prices, adds quotes, details) SINGAPORE, Sept 8 BHP wants to build water plant in ChileBHP Billiton is seeking approval to build a $US3.5 billion ($A4.32 billion) water desalination plant to service its Escondida copper mine in northern Chile, one of the world’s top sources of the metal, a company spokesman says. BHP, the world’s largest BHP Billiton to build US$3.5 bln Chile water plantBHP Billiton is seeking approval to build a US$3.5 billion water desalinization plant to service its Escondida copper mine in northern Chile, one of the world’s top sources of the metal, a company spokesman said Saturday. BHP, the world’s largest mining Mining giant BHP Billiton to build $3.5 billion water plant in ChileSANTIAGO, Chile - BHP Billiton is seeking approval to build a $3.5 billion US water desalinization plant to service its Escondida copper mine in northern Chile, one of the world’s top sources of the metal, a company spokesman said Saturday. BHP, the BHP Billiton to build US$3.5 bln Chile water plantSANTIAGO, Chile (AP) — BHP Billiton is seeking approval to build a US$3.5 billion water desalinization plant to service its Escondida copper mine in northern Chile, one of the world’s top sources of the metal, a company spokesman said Saturday. BHP, Freeport-McMoRan shares dip as commodities weakenDENVER (AP) — Shares of mining giant Freeport-McMoRan Copper & Gold Inc. fell 5 percent in Friday trading as worried investors pulled money out of the weakening commodities sector.The Phoenix-based company’s stock fell $3.41 to $71.58 at midday. In the Copper[miningmx.com] — dropped more than three percent on Friday to its lowest level in more than seven months and below the key $7,000/tonne level after LME inventories posted their biggest one-day surge in four years, said Reuters. A sharp rise in the Tiger Resources Limited Announces Definitive Feasibility Study, Confirming Viability of Mining Development at Kipoi Project, in Democratic Republic of Congo PERTH, Western Australia, Sept. 5 /CNW/ - Perth-based emerging copper UPDATE 4-Copper drops to 7-month low on LME stock jumpExtract not available. S&P base case forecasts have gold at $750 falling to $500 long term, copper $3.25 falling to $1Standard & Poor’s has revised its base-case metals prices to reflect the persistent strength of prices, a high degree of volatility, and market expectations over the next several years. Xstrata Copper purchases 17.83 percent stake in IndophilExtract not available. Xstrata bulks up stake in IndophilXstrata, the world’s fourth-largest copper producer, has agreed to increase its stake in Indophil Resources to 19.99%, after dropping a takeover bid. The acquisition of the 17.83% stake for $1.17 a share, or $82 million, from Lion Selection follows the NY precious metals, copper lower as dollar gainsNEW YORK, Sept 4 (Reuters) - The following are New York midsession prices and market updates for precious metals and copper: GOLD * December futures lower at $804.10, down $4.10 an ounce on the COMEX division of New York Mercantile Exchange by Alturas defines strong copper-gold anomalies at its Chapi Chapi and Sombrero projects, Southern Peru << Terrane Metals Corp.: Mt. Milligan Environmental Assessment Application Accepted For Government and Public Review– Robert Pease, President and CEO of Terrane Metals Corp. (’Terrane’ or the ‘Company’) (CDNX:TRX.V - News), is pleased to announce the Environmental Assessment Application (’Application’) for the commercial development of the Mt. Milligan Copper-Gold Sale of Kinti Group Subsidiaries Shares and Assets, Accesmed Name Change to Kinti Mining Limited, and Appointment of New DirectorsFRANKFURT, Germany, Sept. 4, 2008 (GLOBE NEWSWIRE) — Accesmed Inc. (Pink Sheets:ACSM), a Delaware corporation, acquired 100% of the issued and outstanding capital stock of Kinti Mining Zambia and Kinti Mining Tanzania, subsidiary companies of The Kinti Group Inc., a private Ontario corporation. Accesmed also acquired all the assets and goodwill owned by the subject subsidiaries including mining concessions for precious metals, copper, and uranium. Bellhaven Copper & Gold Inc. (”Bellhaven or the Company”) and Dominion Minerals Corp. (”Dominion”) Announce Major Resource Increase for Cerro Chorcha << Jaguar signs letter of intent with Glencore and Constellation Copper on proposed restructuring TORONTO, Sept. 3 /CNW/ - Jaguar Financial Corporation (TSX: JFC) |
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