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Copper 7710.00 7665.00 215350 -1000

Data for previous business day. Source: BaseMetals.com


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Latest Copper Headlines

Nothing to fear for copper projects in Argentina
When Lumina Copper (LUM-V) announced earlier this month that it had significantly increased the size of its Taca Taca project in Argentina, mining analyst Adam Low of Raymond James raised his six-to-twelve month target price on the stock by...   more >>
May 17, 2012 2:11PM

Time is not on Baja Mining's side
There is “substantial doubt” that Baja Mining (BAJ-T, BAJFF-O) will be able to continue as a going concern, the company declared on May 16 in its first-quarter earnings analysis under a section entitled Risk Factors.   more >>
May 17, 2012 11:14AM

Inmet finances Cobre Panama under majority ownership
VANCOUVER — Toronto-based major Inmet Mining (IMN-T) has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it...   more >>
May 16, 2012 6:58PM

COPPER STUDY: Reed PFS looks at 1,300 t/d longhole open stoping
(Brought to you by: Canadian Mining Journal)

MANITOBA – The pre-feasibility study of the Reed copper deposit near Snow Lake demonstrates that indicated resources can be converted to reserves and that production by longhole open stoping at a rate of 1,300 t/d is economically viable....   more >>
May 16, 2012 4:58PM

Updated: Hana plunges on Ghanzi scoping study
(Brought to you by: Canadian Mining Journal)

VANCOUVER — Hana Mining's share price dropped 68% after the company released a long-awaited first economic study on the Banana Zone and Zone 5 at its 70%-owned Ghanzi project in Botswana.   more >>
May 16, 2012 4:56PM

Hana sets out financials for Ghanzi project
(Brought to you by: Canadian Mining Journal)

Hana Mining has released the first economic study on its Banana zone and zone 5 at its 70%-owned Ghanzi project in Botswana.   more >>
May 15, 2012 4:57PM

Updated: Hana plunges on Ghanzi scoping study
VANCOUVER — Hana Mining's (HMG-V) share price dropped 68% after the company released a long-awaited first economic study on the Banana Zone and Zone 5 at its 70%-owned Ghanzi project in Botswana.   more >>
May 15, 2012 2:46PM

Copper Mountain's Q1 results surpass expectations
An impressive ramp up at the Copper Mountain mine in southern British Columbia and higher than anticipated first-quarter revenue suggest that shares of Copper Mountain Mining (CUM-T) represent an attractive risk-reward trade-off, mining analyst...   more >>
May 15, 2012 2:04PM

FINANCING: HudBay to issue notes worth $400-M
(Brought to you by: Canadian Mining Journal)

TORONTO – HudBay Minerals has announced its intention to offer senior unsecured notes in the aggregate principal amount of US$400 million. They will be due in 2020. The company’s brief news release said it intends to use the...   more >>
May 14, 2012 5:00PM

GOLD-COPPER STUDY: Seabridge tweaks KSM pre-feasibility
(Brought to you by: Canadian Mining Journal)

BRITISH COLUMBIA – Toronto-based Seabridge Gold has revised the pre-feasibility study for its KSM gold-copper project 65 km northwest of Stewart. The base case life of mine cash operating costs are estimated at only $148/oz of gold...   more >>
May 14, 2012 4:58PM

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Latest Copper Press Releases

Erdene Provides Project Updates and First Quarter Financial Results
HALIFAX, NOVA SCOTIA--(Marketwire - May 17, 2012) - Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD), today provided an update on the Company's principal projects in conjunction wit   more >>
May 17, 2012 9:24AM

EurOmax Begins 2012 Drill Campaign at KMC and Ilovitza
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - EurOmax Resources Ltd. (TSX VENTURE:EOX) (OTCQX:EOXFF) ("EurOmax" or the "Company") is pleased to announce it has begun its 2012 diamond dril   more >>
May 17, 2012 9:00AM

China Shen Zhou Mining Provides Update on a Technical Assessment Report from SRK
BEIJING, May 17, 2012 /PRNewswire-Asia-FirstCall/ -- China Shen Zhou Mining & Resources, Inc. ("China Shen Zhou" or the "Company") , a Company engaged in the exploration, development, mining and p   more >>
May 17, 2012 9:00AM

Excelsior Continues to Advance Towards Pre-Feasibility Study at Gunnison
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Excelsior Mining Corp. (TSX VENTURE:MIN)(OTCQX:EXMGF)(FRANKFURT:3XS) ("Excelsior" or "the Company") is pleased to provide an update on its on   more >>
May 17, 2012 8:30AM

Mustang Drilling Update-Mayville Project
TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Mustang Minerals Corp, (TSX VENTURE:MUM)(FRANKFURT:NJF) ("Mustang" or the "Company") today announced an update on its drilling activities at the Mayvill   more >>
May 17, 2012 8:00AM

Southern Arc Increases Ownership Interest in Lombok and Taliwang Properties and Enters Into Cooperation Agreement With West Sumbawa Regency
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Southern Arc Minerals (TSX VENTURE:SA)(OTCQX:SOACF) ("Southern Arc" or "the Company") is pleased to announce that the Company has acquired an   more >>
May 17, 2012 7:30AM

Blue Gold Enters Into Letter of Intent to Option Three Gold Rich Porphyry Targets From Paget Minerals
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Blue Gold Mining Inc. (TSX VENTURE:BGX) is pleased to announce that it has entered into a non-binding letter of intent with Paget Minerals Co   more >>
May 17, 2012 7:00AM

Paget Minerals and Blue Gold Mining Sign a Letter of Intent to Explore Three Gold-Rich Porphyry Targets in British Columbia
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") and Blue Gold Mining Inc. (TSX VENTURE:BGX) ("Blue Gold") are pleased to an   more >>
May 17, 2012 7:00AM

Eurasian Minerals Announces First Quarter 2012 Results
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Eurasian Minerals Inc. (TSX VENTURE:EMX)(NYSE Amex:EMXX) (the "Company" or "EMX") today announced the results for the first quarter ended Mar   more >>
May 17, 2012 7:00AM

El Nino Ventures Inc. Announces High Grade Zinc, Lead and Silver on Phase II 18,000 metre Drill Program at Murray Brook Polymetallic Deposit, in the Bathurst Mining Camp, New Brunswick
El Nino Ventures Inc. Announces High Grade Zinc, Lead and Silver on Phase II 18,000 metre Drill Program at Murray Brook Polymetallic Deposit, in the Bathurst Mining Camp, New Brunswick Canada NewsWire   more >>
May 17, 2012 4:30AM

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