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• Copper Spot News

  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit
  • LME’s plan to ditch sterling recognises need to adapt
  • Bullion, base metals and energy outlook by SMC Global
  • GEPL Capital`s view on bullions, base-metals, energy
  • Mining group Anglo sees little respite for copper supply deficit
  • BASE METALS: Copper Ends Near Flat On Mixed Economic Data
  • Copper down 1.13% on weak global cues
  • Check out best bets for crude, gold, copper
  • The doctor’s diagnosis on the great world economy
  • Persistent selling mars indices
  • World stocks, euro off lows on ECB easing hopes
  • US market exceedingly weak, buy gold on dips: Fat Prophets
  • Sterlite: Weak outlook priced in
  • Sterlite Industries, Hindalco hit 52-week low on falling copper prices
  • Copper to remain uninspiring, range-bound in short term
  • Hindustan Copper sees prices staying high

Calgary, Alberta – February 24, 2010 Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V: CUU) announces its 2009 fourth quarter and year-end results. The Company reported net income for the fourth quarter of $1,533,575 ($0.01 income per share) and a loss of $28,524,604 ($0.19 loss per share) for the year ended October 31, [...]

Harare — PAN-AFRICAN multi-commodity resources company Mwana Africa says it will spend US$170 million to develop its Hunters Road nickel project. Poor funding has mainly constrained the venture, mooted a few years ago. Mwana Africa group chief executive Mr Kalaa Mpinga said: “The cost of bringing Hunters Road to 10 000 tonnes of nickel per [...]

A Pakistani provincial government plans to cancel a $3 billion joint venture copper and gold project owned by Canada’s Barrick Gold (ABX.TO) and Chilean copper miner Antofagasta (ANTO.L), a provincial mining official said on Tuesday. The two companies are partners in the Tethyan Copper Co (TCC) joint venture, which has a 75% interest in the [...]

JOHANNESBURG  – The Australian Foreign Investment Review Board (FIRB) has approved China’s Zijin Mining’s $498-million bid for Australian-miner Indophil Resources. Zijin has already agreed to buy a 19,99% stake in Indophil from Swiss-based miner Xstrata. Indophil owns a 34,23% stake in the $5,2-billion Tampakan copper and gold project in southern Philippines, controlled by Xstrata. The [...]

Despite recent statements that it would pull out completely from Indonesia, the world’s largest mining company BHP Billiton has now admitted that it will maintain 75 percent of its stake in the Maruwai coal project in Central Kalimantan, an official said. “Yesterday BHP reported that it would only divest 25 percent of its stake in [...]

LONDON – Kazakh copper producer Kazakhmys said it has secured a loan of up to $2,7-billion from China Development Bank and Kazakh state welfare fund Samruk-Kazyna to develop its growth projects. Most of the loan, about $2-billion, will fund the development of the Boschekul copper project in northern Kazakhstan, which could produce 12,5-million tons of [...]

Herencia Resources plc is a resources company listed on the Alternative Investment Market (‘AIM’) of the London Stock Exchange with a focus on South America. The Company has the advanced zinc-lead-silver-gold Paguanta Project in northern Chile.  An initial drilling program in 2006 confirmed a significant mineralised zone. Following a second drilling campaign in mid-2007, Herencia [...]

Chief Consolidated Mining plans to resume mining at a zinc, lead and silver deposit at Eureka in the US state of Utah after initial drilling of core samples is completed. Chief Consolidated chairman and CEO Gordon Blankstein said the company is drilling for copper, silver and gold at the extension of the old Kennecott Bergin [...]

Ivanhoe Australia Ltd (ASX: IVA) said today that the resource at its Mount Dore project had grown to 108 million tonnes grading 0.6% copper, 0.2% zinc, 0.1 grams/tonne gold, 87 ppm cobalt and 6 g/t silver. The cut-off grade was 0.25% Cu. Taking in the Merlin deposit and another project in the same region there [...]

December 8, 2009 – Nevada Copper Corp. (TSX:NCU) (“Nevada Copper”) is pleased to announce commencement of a Pre-Feasibility Study at its 100% owned Pumpkin Hollow Copper Development Property located in Nevada. The Pre-Feasibility Study includes approximately 25,000 meter resource drilling program and is scheduled for completion in the 2nd quarter of 2010. Snowden Mining Industry [...]

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  • Kazakhstan copper strike not the end of the matter
  • ‘Copper pump’s’ potential benefit in cancer treatment
  • Copper, lead recover on industrial demand, global cues
  • Copper rebounds from four-month lows, Greek worries caps gains
  • France: First priority is cutting debt, deficit

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