Copper Top Stories

Mineral-rich Ecuadorean province requests popular referendum on mining

Azuay province is home to several potentially lucrative gold, silver…

Revelo signs LOI with BMR Group over Chilean copper project

BMR may acquire an 80% interest in Revelo's Montezuma copper…

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Baja Mining advises shareholders: Don’t trust the Mount Kellett wolf in sheep’s clothing; only shareholders can protect the company from Mount Kellett’s creeping takeover

Baja responds to misleading statements by dissident shareholder Mount Kellett Master Fund II A L.P., and highlights Mount Kellett's failure to address seven critical facts in its dissident circular. Baja cautions shareholders not to trust the Mount Kellett wolf in sheep's clothing.

Copper remains a buy for speculators

Speculative buying of commodities, including copper, may continue to gain traction as prices are pegged to rise amid a steady rebound in the global economy, especially in the United States. Although  Europe’s financial outlook remains on shaky ground, geopolitical risks in Iran and across the Middle East are pushing up energy costs, and China’s economy is showing signs of slowing down, demand for the red metal is expected to remain steady

Chile January copper output tumbled 7.6%

Copper output in Chile, the world's largest copper producer, tumbled 7.6% in the last 12 months to 396,341 metric tons, the National Statistics Institute (INE), a government statistics agency, announced this morning.