Copper News

RSS

Silver Dragon's JV Commences Exploration at Three Properties in Northern China

Silver Dragon Resources has announced that its 40% equity owned joint venture, Sanhe Sino-Top Resources and Technologies, has started permitted exploration for this year at its three properties in Northern China.

15 Apr 2011

Oz Minerals Reports Increased Copper Output

Oz Minerals has announced a 2% rise in first quarter of copper production. From the Prominent Hill mine the company output 25,708 tonnes of copper in the quarter, this is higher than the 25,185 tonnes of copper in the previous quarter.

From OZ Minerals Limited 14 Apr 2011

Lundin Mining Board Not in Favour of Equinox Takeover

Lundin Mining is not in favour of the hostile takeover bid from Equinox Minerals. The unsolicited Canadian $4.7 billion bid should be rejected by shareholders if the board of director’s recommendation is to count. Equinox Minerals itself has refused a $6.3 billion offer from China’s Minmetals Resources calling it opportunistic.

From Lundin Mining Corporation 13 Apr 2011

Moly Mines Secures Funds for Expansion via Hanlong

Moly Mines have secured finances for developing the Spinfex Ridge molybdenum copper mine. Hanlong Mining, the majority shareholder in the project, has managed to obtain a $500 million financing facility from the China Development Bank for the project located in Western Australia.

From Moly Mines Limited 11 Apr 2011

Sono Resources Enters into Formal Share Purchase Agreement with Tignish

Sono Resources has signed a formal Share Purchase Agreement with Tignish to acquire 95% of the issued and outstanding shares of Bonnyridge, who is the official and valuable holder of three mineral license blocks sited in Northwestern Botswana, Africa.

7 Apr 2011

Pakistan Supreme Court Wants Reko Diq Issues Setlled

In Pakistan the Supreme Court proposed on Tuesday that the parties involved in the Reko Diq copper and gold mining project should handle the re-release of the mining lease with mutual understanding and inform the court about it by Wednesday.

6 Apr 2011

Finning International Becomes Mining Equipment Supplier for Thompson Creek

The Canadian division of Finning International is chosen as the mining equipment supplier by Thompson Creek Metals for their Mt. Milligan project.

6 Apr 2011

Tombstone Exploration Stakes Additional Claims in Arizona

Tombstone is a company engaged in exploration and development of mineral resources It has the mineral rights to the historical land in the Tombstone areas, Arizona. Also, the company has mineral rights to 1,000 acres in Eagleville property in Nevada.

6 Apr 2011

Hunan Nonferrous Looks to Takeover Abra Mining

Abra Mining Ltd shares rose by more than 20% after the company recommended the takeover offer of Hunan Nonferrous Metals Corporation. The Chinese company currently is a majority stockholder of Abra Mining holding 74% shares of the company.

5 Apr 2011

Everett Resources Starts Initial Drilling Program at Menarik Polymetallic Property, Quebec

Everett Resources has commenced the preliminary 2011 diamond drilling program at its Menarik polymetallic property, situated in the James Bay area of Quebec.

5 Apr 2011