declining copper mining

9 news results for the search terms: declining copper mining.

Pacific North West Capital Corp. announces option to acquire the Nixon Fork gold mine in central Alaska

December 19th, 2008

…  137,749 ounces of gold and 2.1 million pounds of copper, with additional silver credits. The average production grade was 42 …  of US$266 per ounce. The mine was closed in 1997 due to declining gold prices. SAS purchased the mine in 2003. From 2004 through …

African Copper Protects Against Decline in Copper Price

May 23rd, 2007

…  Copper announces the purchase of copper put options giving the Company the …  intended to provide protection against the possibility of declining copper prices over the critical planned start-up period of the Dukwe Mining Project during 2008. These contracts do not cap the price at which the …

Newmont 1st-Quarter Profit Falls 67% on Mining Costs

April 27th, 2007

…  that Newmont did not benefit from the higher gold and copper prices this quarter,” John Bridges, an analyst at J.P. Morgan …  its trough year as it incurs both the weak results of its declining mines and the teething problems of its new projects.” The shares …

Barrick Gold’s Profit Surges on Higher Prices, Output

February 22nd, 2007

…  ounce, down from 8.64 million in 2006, Barrick said. Copper output will climb to 400 million pounds in 2007 from 367 million last …  during the quarter as investors sought an alternative to a declining dollar and a hedge against inflation. Prices reached a 26-year high …

Bearish Fundamentals Should Continue to Weigh on Copper Prices

February 10th, 2007

…  the mighty have fallen. Copper, one of the most prolific commodity fund darlings of the great 2006 bull …  for industrial materials. Copper prices responded by declining for the remainder of 2006 and continued to slump as we began 2007. …  price explosion. As demand rose and prices soared, mining operations ramped up production at a torrid pace. When global demand …

Rio’s Second-Half Profit May Rise on Copper, Iron Ore

February 2nd, 2007

…  Tinto Group, the world’s third- largest mining company by sales, may say second-half profit rose 19 percent to a record …  be where it finds earnings growth in an environment of declining prices,” said McTaggart, who has a “neutral” rating on the …  based customs office said Jan. 11. Output of mined copper fell to 209,800 tons, from 210,700 tons, the company said Jan. 17. …

BHP iron ore and manganese output rise to records

January 27th, 2007

…  to New York-based Prudential Equity Group Inc. Copper output was little changed at 300,700 tons in the three months ended Dec. …  percent in the half. Analysts will have factored in the declining copper prices in their forecasts for BHP earnings, said Mark Pervan, …

Freeport McMoran Shares Dip on Weaker-Than-Expected 4Q, Phelps Shares Follow Slide

January 18th, 2007

…  quarterly earnings report from Freeport McMoran Copper & Gold Inc. sent the miner’s shares lower on Tuesday, as results fell …  miner Phelps Dodge Corp. for $25.9 billion — reported declining production at its core Indonesian mining operations hurt earnings in …

Engineering firm responds to mining industry rebound

July 14th, 2006

…  and India and its effect on prices for Arizona’s copper is continuing to revive and expand the mining industry in Southern …  silver or gold prices are low, he said mining seems like a declining industry, “but it’s not.” Barton said …


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