Copper News

RSS

Minsud Resources Reports Phase I Drilling Results from Chita Valley Property

Minsud Resources has announced the phase I drill campaign results from the Chita Valley Project in Argentina. This project is situated favorably in the El Indio mining district of Argentina and Chile.

8 Sep 2011

Viking Minerals Returns High Copper from Dolly Varden Claims

Viking Minerals has announced that the initial five assay results that returned up to 5.23% copper from the Dolly Varden claims in Nevada.

8 Sep 2011

Bard Ventures Proclaims Phase I Initial Exploration Results from Lone Pine Property

Bard Ventures has received the 2011 phase I primary drilling results from its Lone Pine property. The results of the drill hole BD-11-67 has shown the high-grade mineralization persisting through the drill hole intercept regions that are extensively spaced.

8 Sep 2011

OZ Minerals Looks to Start Construction at Carrapateena

OZ Minerals is hoping to begin construction of a mine at the Carrapateena copper and gold project by mid 2015. The company recently acquired the project located in South Australia for $250 million from Adelaide-based prospector Rudy Gomez and the Australian arm of Canadian mining giant Teck in the month of May.

From OZ Minerals Limited 6 Sep 2011

Rio Tinto and Anglo American Cut Losses in South Africa

Rio Tinto and Anglo American are planning to sell their respective stakes in the Palabora Mining Co. Palabora Mining is the largest copper producing company in South Africa.

From Rio Tinto plc 6 Sep 2011

Report Finds Australian Miners Already Paying Over 40% Tax

A new report that was commissioned by the Minerals Council of Australia says that miners will pay close to $23.4 billion in tax to federal and state governments in 2010-11 financial year. Deloitte Access Economics said in the report that the mining industry has paid an average tax of 41.5% from the financial years between 2007-8 to 2009-10.

5 Sep 2011

Minotaur Exploration Discovers Copper-Gold at Cloncurry

Minotaur Exploration has discovered a copper-gold mineralization trend which is 10 km long in the Cormorant prospect located near Cloncurry. The discovery was made during a recent drilling and geo-physics based exploratory program at the prospect in western Queensland.

5 Sep 2011

Orsu Metals Completes Infill Drilling at Karchiga Project

Orsu Metals has completed the infill drilling program on time, as a part of the current definitive feasibility study (DFS), at its Karchiga volcanogenic massive sulphide copper deposit located in East Kazakhstan.

5 Sep 2011

Concordia Resource Obtains Approval to Continue Drilling at Providencia Property

Concordia Resource has declared that its Meryllion Minerals has got the drill permits from the Directorate of Mines–Province of Jujuy in order to continue the drilling operations at its Providencia silver-copper prospect, which is located in northwest Argentina.

5 Sep 2011

Excelsior Mining Files Report for Indicated Resource of 3.2 Billion Pounds Oxide Copper at North Star

At the North Star Deposit Excelsior Mining Corp. has announced a resource estimate of oxide copper (Cu) at 3.21 billion pounds (511 million tons at 0.31% Cu) and an additional inferred resource of 0.88 billion pounds Cu (159 million tons at 0.28% Cu) as indicated. The details were in a National Instrument (NI) 43- 101 Technical Report dated August 31, 2011.

4 Sep 2011