Fjordland Exploration reports its recent updates on the successes at their Woodjam project & has acquired eight properties, south Cariboo region, British Columbia to be prospective for copper-gold, porphyry-type deposits.
The properties (Boss, Canim, Coffee, Hazel, Howard Lake, LaHache, Moffat and Tisdall), consist of 45,100 hectares, and are located within the prolific Quesnel Terrane, between Imperial Metals’ Mount Polley [...]
By Melissa Pistilli-Exclusive to Resource Investing News
Copper Investing News
Copper rose to its highest level in over two weeks Tuesday on a softer dollar and cancelled warrants. Despite depressed demand out of China, analysts believe demand from the rest of the world, including the US and Japan, will more than compensate. Goldman Sachs is still forecasting [...]
Purchases from other nations; the US and Japan are also powerhouses when it comes to copper consumption, will more than offset any potential decrease in Chinese consumption. As economies around the globe get back on track, the global copper market is anticipated to move into a deficit this year.
Contributing to copper’s ascent was a softer [...]
On Tuesday, easing concerns over euro-zone debt spelled relief for copper, and the metal rallied for the second day in a row.
The euro has fallen 9 per cent from a 15-month high of $1.5145 reached in late November over fears about fiscal problems in Greece, Portugal and Spain. Last week, concerns that Greece would default [...]
Copper futures retreated Tuesday, as concerns over Chinese growth and a rising greenback scared away risk adverse investors. Further exasperating the situation; the risk adverse investors appear to be flocking to the US dollar.
China is especially critical to the copper market since the country is the world’s No. 1 consumer of the metal. Traders and [...]
Copper futures lost their upward momentum on Tuesday, sending the red metal’s value down across the globe. The sudden stop of the metal’s recent ascent marked the close of copper’s fastest rally on record.
Copper futures lost their upward momentum on Tuesday, sending the red metal’s value down across the globe. The sudden stop of the [...]
Plummeting zinc prices in the fourth quarter last year that lasted into the first quarter this year forced many zinc mines to shut down because they were no longer profitable. Several Canadian miners are now changing their stance.
HudBay had closed the mine earlier this year because of weak zinc prices. With the price of zinc [...]
Copper Investing News reports copper prices have rallied at 80 per cent this year on the back of Chinese State Reserve Bureau (SRB) purchases.
If China’s purchases grind to a halt, so will the red metal’s rally. So far, copper’s ascent has been a China only story- that has overshadowed weak demand elsewhere in the world. The metal for [...]
Copper Investing News reports copper futures fell after being on a high for nine months.
Internationally, copper was mixed. On the Shanghai Futures Exchange October-delivery copper dropped as much as 1.5 per cent to hit 43,020 Yuan per tonne, before trading at 43,340 Yuan. Premiums paid by Chinese importers, typically a good indicator of demand, are [...]
Copper Investing News reports copper prices drove to a month high with positive outlook in the economy.
Additional impetus to copper’s rally came by way of dollar weakness, and data that U.S. consumer prices climbed at a slightly faster-than-expected pace in June, boosting the metal’s appeal as an inflation hedge.
Copper ignored an increase in London Metal [...]
Wednesday, March 3, 2010
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