Copper News

RSS

800 Workers at Luanshya Copper Mine Zambia May Lose Jobs

At the newly re-opened China Non-Ferrous Metal Mining Luanshya copper mine in Zambia more than 800 workers may lose their jobs. Mine workers will go on a recess as the management has taken a decision to temporarily close the mine for maintenance works.

14 Nov 2010

Vedanta Resources Posts Bumper Profits

Vedanta Resources (LSE: VED) has posted a 79% growth in net profit to $337 million for the first half ending on September 30, 2010 as compared to $188.2 million in the corresponding period last year. The operating profit was also higher for the company.

From Vedanta Resources plc 14 Nov 2010

Copper Boom Driven by Chinese Demand

The price of copper ore shot up to a record high riding on the Chinese demand wave. The benchmark copper contract went up by 2.5 % on the London Metal Exchange to a record value of $8,966 per tonne. This went beyond the 2008 record price of $8,940 per tonne.

14 Nov 2010

Rockcliff Resources Reports Preliminary Drilling Results from Tower Copper-Gold Property

Rockcliff Resources Inc. (RCR: TSXV) has announced that preliminary drilling on the Tower Copper-Gold Property located in central Manitoba, has intersected high grade copper-gold results in the first two drill holes.

12 Nov 2010

Salazar Resources Reports Latest Drilling Results from El Domo Deposit

Salazar Resources Ltd., Mr. Fredy Salazar, President and CEO, has announced the latest assay results from drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Hosted Massive Sulphide Project in Ecuador.

From Salazar Resources Ltd. 12 Nov 2010

Sandspring Resources Intersects 0.92 G/T Gold over 59.5 M in Hole TPD-096 on Toroparu Deposit

SANDSPRING RESOURCES LTD. (TSX VENTURE:SSP) has announced an update of new gold and copper assay results from drilling in the area of the Toroparu gold-copper deposit in the Republic of Guyana, South America.

12 Nov 2010

Canuc Resources Announces Underground Sampling Results from Nambija in Ecuador

Canuc Resources Corporation has reported on recent underground sampling conducted at Nambija, Ecuador.

12 Nov 2010

Afghanistan Looks for Mining Investors

Afghanistan is looking forward to exploring its mineral resources with the help of Indian investments. Wahidullah Shahrani, Minister of Mines for Afghanistan is also hoping that the road shows being held in New York and London will also attract new investments in Afghanistan.

11 Nov 2010

Heatherdale Resources Reports New Drilling Results from 22 Underground Holes at Niblack Project

Heatherdale Resources Ltd. (TSXV:HTR) announces new drill results from 22 underground holes completed at the Niblack volcanogenic massive sulphide project in southeast Alaska.

11 Nov 2010