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October 29, 2008 Hana hits more copper at Ghanzi Vancouver -- Hana Mining (HMG-V) quadrupled the strike length of Zone 2 at its Ghanzi copper project in Botswana from 500 metres to 2 km. The zone is one of six Hana has targeted on the 437,000 ha. property that extends about 100 km southwest of Maun.
Six of seven holes drilled hit copper grades ranging from 0.2% to 2.4%. Hole 8 returned 27 metres grading 1.12% copper and 25.4 grams silver per tonne starting 57 metres downhole. Collared 500 metres to the northeast, hole 10 hit 42 metr... (189 KB) |
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October 15, 2008 China State Reserve May Boost Copper Stockpile by 74% (Update1) Oct. 15 (Bloomberg) -- The State Reserve Bureau in China, the world's largest consumer of metals, may increase stockpiles of copper by as much as 74 percent in the next two years after prices plunged to a 33-month low, Scotia Capital Inc. said.
''The SRB might now hold some 1.15 million tons of copper and might want to re-stock to a level above 2 million tons over the next two years when the opportunity arises, like now,'' Na Liu, an analyst with Scotia Capital, a unit of Toronto-based Bank ... (4 KB) |
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October 13, 2008 Copper 'the real gold': Friedland To view in PDF format visit the link below (1550 KB) |
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October 06, 2008 CIC Energy buys back shares, advances Mmamabula To view in PDF format visit the link below (1873 KB) |
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April 09, 2008 Copper demand will grow at 4% for a decade, Rio Tinto says Rio Tinto said global demand for copper will grow 4% a year for a decade or more
Rio Tinto predicts global demand for copper will grow 4% a year for a decade or more led by sales to China. (3 KB) |
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March 28, 2008 Copper price to soar as surpluses turn to deficits Precarious Supply
The copper market is very tight, and according to analysts at UBS Securities, it is going to get even tighter.
With rampant supply disruptions and very low inventories, the analysts have revised their view and are now forecasting deficits of 100,000 tonnes in 2008 and 2009. They were previously expecting surpluses of 300,000 tonnes this year and 100,000 tonnes next year.
Everyone knows that the demand from China and India remains strong and is a big driver for the copp... (2 KB) |
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March 03, 2008 Africa rush Before an audience of thousands at the 2008 Mining Indaba conference, Cynthia Carroll, chief executive of Anglo American PLC, ended her keynote speech with a message that everyone knew was coming: "Africa's time has come!"
The mining folks in the audience nodded. They have heard all this before. In fact, they realized it a long time ago, even if their investors in Toronto, London and New York are just starting to figure it out.
They were all drawn to the continent years ago with the hopes ... (13 KB) |
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March 03, 2008 Politics or risky geology Miners finding success in Africa are often the ones that show some creativity and a willingness to go where others will not. Herewith, some success stories:
LUNDIN MINING CORP.
A moderator at the 2008 Indaba conference introduced Vancouver-based Lundin by saying "they operate in the most fascinating places in the world." That's an understatement.
Sudan, Eritrea, Niger - there is no country with too much political instability for the Lundin Group of Companies. Its strategy is to target c... (8 KB) |
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February 21, 2008 Copper, aluminum surge to 21-month high February 21, 2008 at 5:06 PM EST
LONDON - Investment money poured into commodities on Thursday, boosting copper and aluminum to 21-month highs, while zinc jumped 6 per cent.
Precious metals gained ground too, with gold and platinum hitting records, lifted by fund money piling into commodities as investors sought protection and high-yielding assets amid fears about the health of the global economy.
Copper for delivery in three months on the London Metal Exchange touched $8,445 (U.... (4 KB) |
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January 16, 2008 CANADA VENTURE: Hana Mining's Botswana Overture (c) 2008 Dow Jones & Company, Inc.
VANCOUVER (Dow Jones)--Botswana - a global focal point for diamond mining - could also soon entertain significant copper and silver operations if Vancouver-based explorer Hana Mining Ltd. (HMG.V) has its way.
The company has recently released encouraging results from the 10,000-meter diamond-drilling program at its Ghanzi copper-silver project in the central African country.
The area is no stranger to exploration of this sort, having been drilled in... (4 KB) |
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