Entries Tagged ‘copper’

Scarce copper drives prices up: Freeport CEO

NEW YORK (MarketWatch) — Copper’s scarcity leaves Freeport McMoRan Copper & Gold Inc. (FCX) well positioned to take advantage of higher prices by expanding existing mines, said Chief Executive Richard Adkerson. Originally from MarketWatch

Peru Sept.gold, copper output up; silver, zinc off

Peru’s production of gold and copper rose in September, while output of silver and zinc declined, the government said. The Ministry of Mines and Energy said Tuesday that output of gold totaled 13,734 kilograms (30,278 pounds), up 4.8% compared to the same month a year earlier. Silver production in Peru, the world’s second largest producer [...]

Real price strength of both copper and gold is now twinned – Kaiser

John Kaiser shares the catalysts that could propel gold and silver stock prices higher in 2012 and reckons global economic growth is more assured than many think making gold/copper projects favorable – Gold Report interview. Originally from Mineweb – Daily news headlines

Copper no longer a dirty word for gold miners

As investors demand more from management and gold ounces become more difficult to replace so the lowly red metal is no longer the dirty little secret it used to be when it comes to reserves and resources Originally from Mineweb – Daily news headlines

For gold miners, copper is no longer a swear word

As investors demand more from management and gold ounces become more difficult to replace so the lowly red metal is no longer the dirty little secret it used to be when it comes to reserves and resources Originally from Mineweb – Daily news headlines

Gold equities at such low levels that preferred to bullion – but copper better still – O’Brian

Michael O’Brian’s principles have led him to look beyond gold, which he likes anyway, to copper and some special projects for long-term gains. Interview with The Gold Report. Originally from Mineweb – Daily news headlines

First Quantum revises FY gold, copper output view

Africa-focused First Quantum Minerals has lowered its full-year production outlook to reflect a dip in quarterly production, even as higher gold and copper prices enabled the company to achieve a third-quarter profit. Originally from Mineweb – Daily news headlines

Revived gold/copper/silver mining project in NSW gains added resources

Kimberley Metals has announced an expanded resource at its Mineral Hill property in NSW – This expansion includes high grade gold, broader copper-gold and separate lead-zinc resources. Originally from Mineweb – Daily news headlines

Wafi-Golpu gold/copper porphyry – Harmony’s elephant in the room

Harmony’s CEO Graham Briggs reckons that early results at the Wafi-Golpu jv in PNG were reminiscent of – or better than – those at Freeport’s massive Grasberg, overshadowing the SA gold miner’s strong Q3 results. Originally from Mineweb – Daily news headlines

Wafi-Golpu gold/copper porphyry – Harmony’s elephant in the room

Harmony’s CEO Graham Briggs reckons that early results at the Wafi-Golpu jv in PNG were reminiscent of – or better than – those at Freeport’s massive Grasberg, overshadowing the SA gold miner’s strong Q3 results. Originally from Mineweb – Daily news headlines

Grupo Mexico withdraws proposed Asarco/Southern Copper combination

Grupo Mexico reported increased copper production as lower moly, silver, gold and zinc production during the first nine months of this year. Originally from Mineweb – Daily news headlines

Barrick reports record 3Q profits, gold & copper production decline

Despite lower 3Q gold production, Barrick says it remains on track to meet 2011 gold production guidance, although 2011 copper production guidance has been lowered. Originally from Mineweb – Daily news headlines