A letter from US wire manufacturers to the SEC states this type of investment vehicle in copper would “grossly and artificially inflate prices” and “wreak havoc on the US and global economy”.
GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) is pleased to announce results from a 15 hole drill program at its 100-percent-owned Las Tres Palmas project, summarized in this release's Table 1.
The frantic legal battle between diversified miner Anglo American (LON:ALL) and its Chilean adversary Codelco, the world’s largest copper producer, was put on hold as the parties announced they were entering into talks.
The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam Taskforce said Tuesday.
Copper demand in China, the world's main consumer of the red metal, is expected to rebound in the second half of 2012, despite the uncertain outlook for Europe, the head of Xstrata PLC's copper division said.
A senior Iranian official says the country is set to improve its global ranking in the copper production industry to the world's 7th in the current Iranian year (started March 20).
HudBay Minerals Inc. ("Hudbay") (TSX:HBM)(NYSE:HBM) today announced that due to market conditions it is discontinuing the planned offering of US$400 million senior unsecured notes due 2020, which it had previously announced on May 14, 2012.