Category: Copper
102 Posts
POSTED ON November 03, 2014 BY Travis McPherson

The Sunday Times of London reported overnight that Mick Davis’ X2 Resources has made a bid for some of Anglo American’s Chilean copper mines, their Brazilian nickel assets, and some of their coal operations.  If successful, this would represent Davis’ first acquisition since he left as head of Xstrata after the merger with Glencore in 2013, and could… Continue Reading

POSTED ON October 23, 2014 BY Travis McPherson

The Lundins focus on Chile is continuing today, this time with more news from portfolio company, NGEx Resources (NGQ:TSX). “Chile’s biggest new copper-gold camp” is posted all over NGEx’s website and the company believes that they not only have large deposits (3 of them to be exact), but that they are sitting on an entire… Continue Reading

POSTED ON October 21, 2014 BY Travis McPherson

NGEx Resources (NGQ:TSX) is the only pure-play mineral exploration vehicle in the Lundin Group of Companies, one of the most successful natural resource development groups in the world. NGEx is developing a trio of staggeringly huge copper deposits on the Chilean-Argentine border that contain a total of over 28 billion pounds of copper and 19 million ounces… Continue Reading

POSTED ON July 31, 2014 BY Tommy Humphreys

Copper has been on the rise since March, fetching more than $7,100/t, but the rally will end soon according to a report by Macquarie Capital titled “10 things we hate about copper – or why we reiterate a short in 2H.” The price of copper is highly correlated with economic growth and earlier this week… Continue Reading

POSTED ON July 22, 2014 BY CEO Technician

Copper is testing important support/resistance near the $3.20 level: Click to enlarge And there is ample reason to believe that this could be an attractive long entry point as we move deeper into the back half of the year:  With commercial inventory at a 2-year low and declining amid a strong pick up in demand, the… Continue Reading

POSTED ON July 08, 2014 BY Dave Forest

Or at least, so it appears. Potentially bringing to a close one of the most dramatic sagas recently in global resource markets. The company is Freeport-McMoRan. And the problems are in Indonesia–where the firm has been fighting a government ban on the export of copper concentrate. Indonesian officials had officially outlawed shipments of non-unpgraded copper… Continue Reading

POSTED ON May 26, 2014 BY Travis McPherson

The microcap junior, Aston Bay Holdings (BAY:TSXV) is up over 30% this morning on the back of the company’s announcement that it has entered into an exclusive due diligence period with an unnamed major.  All we know about the major mining company from the release is that it has a market capitalization in excess of $10 billion.  The… Continue Reading

POSTED ON May 01, 2014 BY Tommy Humphreys

Colombian copper-gold explorer Cordoba Minerals was mentioned in PI Financial’s latest Digging Through The Dirt (DTD) newsletter, which is authored by Bill Whitehead, Senior Vice President & Senior Investment Advisor, Adam Simmons, Ph.D. Geology, Investment Advisor, and Justin Hayek, CIM, Investment Advisor. Cordoba Minerals – CDB-v You will recall that in previous issues of DTD we outlined a… Continue Reading

POSTED ON April 08, 2014 BY Tommy Humphreys

Depending on how you look at it, the copper business will either be a great place – or a scary place to be in the coming years. This from octogenarian Dave Lowell, arguably the most successful mineral explorationist in history, with the discovery of eighteen ore bodies credited to him, including Escondida, the world’s largest… Continue Reading

POSTED ON March 13, 2014 BY CEO Technician

Fairfax Holdings recent annual letter to shareholders offers many nuggets of wisdom including this excerpt on China (emphasis our own): “In the last few years we have discussed the huge real estate bubble in China. In case you continue to be a skeptic, here are a few observations from Anne Stevenson Yang, an American who… Continue Reading

POSTED ON March 11, 2014 BY Tommy Humphreys

Dave Lowell’s Lowell Copper announced an option to earn up to 70% in the TC property in the Hillsboro – Bisbee mineral trend in New Mexico from Rose Petroleum PLC and a subsidiary. The deal appears to have been structured in a way that allows Lowell Copper to back out if results aren’t promising. The… Continue Reading

POSTED ON February 27, 2014 BY Peter Koven

By Peter Koven, Financial Post TORONTO • Augusta Resource Corp. is “essentially insolvent” and facing severe financial risks in the coming months, according to the company that wants to take it over. David Garofalo, the chief executive of HudBay Minerals Inc., tore into Augusta’s management in an interview on Thursday as the $428-million hostile takeover… Continue Reading

POSTED ON February 21, 2014 BY Travis McPherson

Lukas Lundin’s base metals explorer, NGEx Resources (NGQ:TSX) this morning released seven of fourteen holes from their 2013/2014 field season at their Josemaria project in Argentina.  The focus of their 7,302m program was to define the high-grade supergene zone near the north end of the project and to test a possible extension there. Two of… Continue Reading

POSTED ON February 19, 2014 BY Travis McPherson

NCQ data by YCharts NCQ:TSX | 53,527,862 Shares O/S (basic) | $80,827,000 Market Cap | $1.45 – $2.20 Year Range | $1.50 Last Trade (halted) NovaCopper Inc which is developing the large, high-grade polymetallic Upper Kobuk Mineral Projects in Alaska, announced after market today that it would raise $20 million of which $10 would be allocated to three strategic investors… Continue Reading

POSTED ON February 17, 2014 BY Tommy Humphreys

SIGN UP FOR CEO.CA’S FREE LIST  |  MORE PHOTOS  |  DISCLAIMER The reality distortion field, made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose. Isaacson describes this capacity for influence as a notorious trait of Steve Jobs,… Continue Reading

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