Copper News

RSS

Kevin Rudd Was Warned RSPT Unconstitutional

Mr Kevin Rudd was warned by Australian Government solicitors (AGS) that there might be legal problems with the proposed mining Resources Super Profits Tax (RSPT) as per new evidence which came to light yesterday during a Senate estimates hearing.

19 Oct 2010

Oz Minerals Surpasses Forecasts by 10%

It is good news all the way for Oz Minerals (ASX:OZL) as the companies actual annual gold production has surpassed previous forecasts by 10%. The Australian copper and gold mining company saw its third quarter output more than double the forecast.

From OZ Minerals Limited 19 Oct 2010

Beaufield Resources Signs Drilling Contract with Chibougamau Diamond Drilling

Beaufield Resources Inc. (TSX VENTURE:BFD) has announced the signing of a 10,000 metre drill contract with Chibougamau Diamond Drilling Ltd. Drilling will focus on definition drilling to better understand the true dimensions of the Tortigny copper-zinc-silver-gold deposit which was previously drilled in the 1990s (by a previous operator). The 100%-owned Beaufield property is located on an all- access road 100 kilometres north of Chibougamau, Quebec.

18 Oct 2010

Chilean Miners Return to Mine Site for Ceremony

In what must have been an emotional return to the mine some of the Chilean miners rescued recently attended a special thanks giving ceremony. After being trapped for 69 days the 33 miners were recently rescued when a mammoth rescue operation launched to free them concluded.

18 Oct 2010

Copper Shortage on the Horizon

The copper business development manager of Rio Tinto, Matthew Holcz feels that planned copper mining projects would be unable to meet the demand for the metal in the next decade.

From Rio Tinto plc 17 Oct 2010

Silver Standard Resources Reports Drilling Results from Snowfield Project

Silver Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) has reported that all results from 17,976 meters of diamond drilling at the Snowfield Project have now been received.

From SSR Mining Inc. 15 Oct 2010

First Quantum Minerals Reports Progress in Drilling and Evaluation Program on Sentinel Deposit, Zambia

First Quantum Minerals Ltd. (TSX:FM)(LSE:FQM) has provided a progress report on the drilling and development evaluation program currently underway at its Sentinel deposit (formerly Kalumbila) which forms part of the Trident project.

From First Quantum Minerals Ltd. 14 Oct 2010

Estrella Gold Updates on Pampa Poroma Project in Southern Peru

Estrella Gold Corporation (TSX VENTURE:EST) has provided an update on its Pampa Poroma iron oxide-copper-gold project, located 22 km south of Nazca, Peru, in the Department of Ica.

14 Oct 2010

Azimut Exploration Announces Presence of Copper at Quebec's REX Property

Azimut Exploration Inc. has announced a major copper (gold, silver) discovery on its 100%-owned REX property in Nunavik, Quebec. The mineralization, which occurs over a largely outcropping zone several kilometres long and about 100 metres wide or more, was discovered during an initial exploration program conducted on the property this summer.

From Azimut Exploration Inc. 14 Oct 2010

Ascot Resources Announces Drilling Results of Hole MM-10-01 on Mt. Margaret Property

Ascot Resources Ltd. (TSX VENTURE:AOT) has announced the results for the first diamond drill hole (MM-10-01) on the Mt. Margaret property in the St. Helens Mining District of Skamania county in Washington State.

From Ascot Resources Ltd. 14 Oct 2010