Quadra Mining Ltd. (TSX:QUA) said Monday it produced a record amount of copper and gold at its Robinson mine in Nevada in the first quarter, with copper production up 30 per cent and gold up 150 per cent from a year ago.
The news helped send the stock up 55 cents to $11.90 on the Toronto [...]

The trade surplus widened 21 percent in March from the previous month, because of higher prices for copper, the country’s top export. The trade surplus rose to $2.03 billion in March from $1.68 billion in February, the central bank said. The surplus was smaller than the $2.89 billion surplus in March 2006 but was in [...]

Nickel hit a new all-time intraday high for the second day in a row, reaching the psychologically significant 50,000 usd level, as inventories slid by a further 312 tonnes to 6 pct to 5,124 tonnes.
Prices have since eased to trade slightly lower, although they remain elevated, analysts said.
“The market has had this level in its [...]

Goldrea Resources Corp. is pleased to announce diamond drilling programs amounting up to $1,000,000 dollars CDN have been compiled and designed to test the Crowrea property and the Empress molybdenum acquisition. Both properties are 50/50 joint venture with Molycor Gold Corp. and are located 15 kilometers south of the past copper/moly producer Brenda Mines, near [...]

HALO RESOURCES LTD. - Lynda Bloom, President and CEO is pleased to announce that Halo Resources Ltd. has commenced drilling at the Jungle Lake copper-zinc deposit on its 200 square km Sherridon Volcanogenic Massive Sulphide (VMS) Property in the Sherridon - Flin Flon area of Manitoba. Drilling of the known deposits and mineral occurrences on [...]

Copper prices in New York rose to the highest in almost four months on speculation demand will climb in China, the world’s biggest user of the metal.
Prices have more than tripled in the past four years as China built more homes, cars and appliances. Demand for copper in the country may increase 8 percent to [...]

Charlie Sartain, chief executive for copper at Xstrata, one of the world’s largest mining companies, said the growth in Chinese demand for all commodities was “just phenomenal,” and prices may rise for the next few years as a result.
Demand for copper in China may increase 8 percent to 10 percent this year compared with last [...]

Hemisphere Gold Inc., a gold exploration, property acquisition and mining development company, reported today that its surveys of its concession continue on multiple fronts and that initial results should be ready in the very near future.
The surveys and testing are concentrating in specific areas that have been identified through satellite imagery and geologic trends. There [...]

Calyon CMR has made sizeable upgrades to its 2007 forecast prices for lead and nickel on expectations for continued high demand at a time inventories are slumping, it said.
The investment bank has hiked its price outlook on nickel by 12.3 pct to 34,250 usd per tonne and on lead by 26.4 pct to 1,580 usd, [...]

Freeport-McMoRan Copper & Gold Inc.’s $25.9 billion cash-and-stock acquisition of Phelps Dodge Corp. was approved today, a deal that would create the world’s largest publicly traded copper company.
In separate votes by shareholders of New Orleans-based Freeport and Phoenix-based Phelps Dodge, the buyout was approved by about 98 percent of the votes cast, the companies said [...]