Glencore, Vendanta’ s Zambian Workers Seek Up to 50 Percent Pay Hike
Copper – Bloomberg reported that workers in Glencore and Vendanta's Zambian mines are demanding pay raises of up to 50 percent.
Articles Tagged "copper investing"
Ivanplats Confirms Significant Expansion at Flatreef
Copper – Mining Weekly reported that Ivanplats has reported that recent drilling at the South African Bushveld complex has confirmed a significant expansion for the Flatreef platinum/palladium/gold/rhodium/nickel/copper deposit.
Copper Steadies as Investors Await China’s Leadership Change
Copper – As China prepares for its once-a-decade leadership change, copper investors are cautious, waiting for signs of whether the country will expand stimulus. Meanwhile, the prospect of scheduled tax hikes and spending cuts in the US in 2013 — known as the “fiscal cliff” — put a damper on hopes that President Barack Obama’s re-election would mean good news for infrastructure investments.
Corvus Gold Finds Significant Copper Porphyry in Alaska
Copper – Mining Weekly reported that Corvus Gold has found a significant copper porphyry at its Chisna project, in Alaska.
Tirex Resources Secures $7.7 Million in Financing
Copper – Tirex Resources (TSXV:TXX,OTCQX:TIRXF) announced that it has secured $7.7 million financing to assist in targetting new discoveries as they begin gold and copper production.
Copper Prices Propped Up by US Housing and Chinese Manufacturing After Six-week Low
Copper – After hitting a six-week low earlier in the week, copper prices flattened out on Chinese manufacturing data and signs that the US housing market is recovering.
South Copper’s Third Quarter Net Profit Plummets
Copper – Reuters reported that South Copper's Q3 net profit dropped sharply by 67 percent., due in part to slower production and legal fees.
Decision on JPMorgan Copper ETF Delayed
Copper – Reuters reported that the U.S. Securities and Exchange Commission has delayed a decision about JPMorgan's plan to launch a copper-backed ETF fund for the second time.
Marengo Announces Yandera Project Drilling Results
Copper – Marengo Mining Limited (ASX:MGO, TSX:MRN) announced further drilling results from the Yandera Project, which included high grade copper intercepts.
NovaCopper Inc. Announces Drill Results
Copper – NovaCopper Inc. (TSX:NCQ, NYSE:NCQ, AMEX:NCQ) announced drill results from exploration diamond drilling at the South Reef Zone of the Bornite Property in Northwest Alaska.
