An increase in known high-grade copper deposits has been unveiled in the Democratic Republic of Congo’s Katanga Province where an updated Mineral Reources Estimate has revealed a 31 percent increase in mineralisation.
TSX and AVM-quoted Anvil Mining Limited, headquartered in Australia, said Wednesday that its latest resource update is based on a revised geological interpretation and […]
The Michigan Department of Environmental Quality tentatively approved a proposal Tuesday to drill a nickel and copper mine in the Upper Peninsula.
The department’s ruling is a crucial step for Kennecott Eagle Minerals Co.’s plan to operate the mine in the Yellow Dog Plains region of northern Marquette County. A final decision will be made later […]
Shanghai copper futures rallied over 2 percent on Wednesday, supported by investor belief that prices could bounce following a three-day slide that sent them tumbling by more than 10 percent.
The most active March contract was 2.2 percent higher at 54,570 yuan ($6,992) at the close of trade, versus 53,410 on Tuesday.
“Some traders in Shanghai are […]
Copper futures in Shanghai rose for a second day, extending yesterday’s advance from a nine-month low, as falling global stocks and possible supply disruptions at Codelco, the world’s biggest producer, supported the market.
Stocks monitored by the London Metal Exchange fell 1.2 percent to 193,475 metric tons yesterday, the first drop in more than two […]
Copper futures in Shanghai rose for a second day, extending yesterday’s advance from a nine-month low, as falling global stocks and possible supply disruptions at Codelco, the world’s biggest producer, supported the market.
Stocks monitored by the London Metal Exchange fell 1.2 percent to 193,475 metric tons yesterday, the first drop in more than two […]
Copper prices rose in New York for the second-straight day on concern output by Chile’s state-owned Codelco, the world’s biggest producer, may be disrupted.
Codelco said yesterday a rockslide may occur at the Chuquicamata mine, the company’s largest. A cave-in there last year cut output. Copper prices reached a record $4.04 a pound in May after […]