Articles Tagged "smelter"

Canterra Acquires Ontario Gold Properties

Gold – Canterra Minerals Corporation (CVE:CTM) enters into three separate option agreements to acquire a 100% interest in a total of 74 unpatented mineral claims located in the Kenora and Patricia Mining Divisions of Ontario.

Salazar Acquires Mariana and Its Gold Project in Loja Province, Ecuador

Gold – Salazar Resources Ltd. (CVE:SRL) acquires 100% of the shares of Mariana S.A. Comador including its 100% ownership of the 2350 hectare Santiago concession.

Redhawk Royalty Buyout Agreement Approved

Copper – Redhawk Resources, Inc. (CVE:RDK) receives notice from the Trustee for AMT (USA) Inc. that court approval has been obtained for the purchase by the Company of the 2.25% net smelter royalty held by AMT.

Orex Acquires an Advanced Stage Gold Project in Sweden

Gold – Orex Minerals Inc. (CVE:REX) reports that the company has signed an agreement with Northland Resources S.A. (TSE:NAU) to buy Northland's Barsele Gold project in Sweden.

China To Add Aluminum Smelting in 2010

Aluminum – This 2010, 2 to 3 million tonnes of aluminum smelting will be added in China according to deputy head of the China Nonferrous Metals Industry Association, Wen Xianjun. The press release is quoted as saying: Investment in aluminum smelters in China, the world’s largest producer, hasn’t slowed in the face of growing overcapacity and a widening surplus [...]

Aluminum Price Rises Despite Record Stockpiles

Aluminum – Aluminum is defying logic when it comes to basic economics. Spot aluminum premiums have climbed to their highest price in nearly five years, in the face of mounting warehouse stockpiles.

Short covering boosts nickel prices

Nickel Investing News reports nickel prices rose on Thursday. Nickel futures rose on Thursday as traders indulged in short covering with the view that demand is about to rise. Nickel futures on the MCX and the LME were tracking positive sentiment, on the indication that the global economy is stabilizing. This was a welcome turn [...]

Job data keeps copper in positive territory

Copper Investing News reports copper prices improved with the lost of fewer jobs recently in the US. Copper steadied on Thursday, gaining support from rising equities and a weaker dollar, after the metal plunged just before close on Wednesday. Wednesdays plunge was driven by a recovering dollar and weakening equity markets. The U.S. dollar bounced [...]