July 7, 2011
CuDeco Limited (ASX:CDU) said today that FIRB has approved Oceanwide International Resources Investment Co. Limited to increase its shareholding in CuDeco to 19.9% through a further 15 million share subscription…
July 7, 2011
Red Metal Resources Ltd. (OTCBB:RMES) reports that it has began an approximately 2000 meter combined reverse circulation (RC) and diamond drilling program on its Farellon copper-gold project.
July 7, 2011
Morgan Stanley lowered its 2011 EPS estimate for Freeport-McMoRan (NYSE:FCX) and maintained its overweight rating and $65 price target. The bank now sees 2011 EPS of $6.29, down from $6.54…
July 7, 2011
TORONTO - The Toronto stock market appeared set for a slightly higher open Thursday as oil prices got a boost from data showing that U.S. crude supplies fell more than…
July 7, 2011
A crash in commodity prices may not be inevitable, but many investors are clearly content with the profits over recent years and are adjusting their portfolios accordingly. Commodities have gone…
July 7, 2011
Within 45 days of the announcement that Sumitomo and Quadra FNX formed a joint venture to develop Sierra Gorda, the copper-moly project has received all permits and will commence construction.…
July 6, 2011
Unrest and strikes in Indonesia, Chile, Australia and Africa, a shortage of skilled workers in North America and rising labour costs all over the globe are quickly becoming the most…
July 6, 2011
HudBay Minerals now plans to build a new C$264-million concentrator and paste backfill plant at its Lalor zinc/copper/gold project, in Manitoba, rather than refurbishing an existing facility at the nearby…
July 6, 2011
Copper-zinc miner HudBay Minerals said Wednesday it has acquired the roughly 2.5m shares in Norsemont Mining it did not already own, giving it 100% ownership. The acquisition is set to…
July 6, 2011
Copper prices fell on Wednesday after China raised interest rates and Portugal’s debt joined the junk ranks but the longer term outlook for the metal remains murky. Arguments on both…
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