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BCM Resources Takes the Lead
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BCM Resources Takes the Lead

The S&P/TSX Venture Composite Index (INDEXTSI:JX) reacted to statements from the Canadian and US central banks last week, falling 3.11 percent over the course of the five day period to close at 509.1. The decline followed more uncertainty about the future of interest rates as both Bank of Canada Senior Deputy Governor Carolyn Rogers and...

Benton Resources Jumps 122 Percent
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Benton Resources Jumps 122 Percent

The S&P/TSX Venture Composite Index (INDEXTSI:JX) closed at 525.01, adding 3.13 points and marking a second week of gains. Markets got a boost on Wednesday (November 1) when the US Federal Reserve reported that it would be holding rates at 5.25 to 5.5 percent. The central bank also indicated that it believes the economy is...

Copper Miner Taseko Rises on Q3 Results
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Copper Miner Taseko Rises on Q3 Results

The S&P/TSX Composite Index (INDEXTSI:OSPTX) rose 5.48 percent last week, finishing at 19,825.5. New data from Statistics Canada shows that the country’s economy added a net 17,500 jobs in October, which was fewer than expected; meanwhile, the jobless rate rose to a 21 month high of 5.7 percent. Market watchers believe the Canadian central bank...

Cyprium Metals Ltd Quarterly Activities Report
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Cyprium Metals Ltd Quarterly Activities Report

Perth, Australia (ABN Newswire) – Cyprium Metals Limited (ASX:CYM) provides the following overview of the Company’s activities. Nifty Strategy The Company’s priority is to restart the Nifty operation with lower capital intensity and lower risk by developing a large-scale open pit mine utilising the extensive sunk capital infrastructure. The Nifty development strategy currently includes the...

Advancement of pre-stripping with first sulphide ore expected November 2023.
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Pampa Metals to Reduce Warrant Exercise Price

Construction: Physical construction of the Project is now 70% complete Significant advancement in mine pre-stripping, with first sulphide ore on track to be reached in early November All earthworks now completed, including the water storage reservoir, site drainage and run-of-mine stockpiles Over 15,000 cubic meters of concrete poured (over 65% complete), concluding all major foundation...

Hercules Silver Shows Strength After Copper Discovery
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Hercules Silver Shows Strength After Copper Discovery

The S&P/TSX Venture Composite Index (INDEXTSI:JX) ended the week flat, losing just 3.71 points to close at 531.09. Bank of Canada Governor Tiff Macklem told reporters on Friday (October 13) that while he isn’t forecasting a serious recession, inflation remains stubborn. “Inflation’s still too high, it’s still too broad-based,” he said. The central bank held...

Cyprium Metals Ltd Management Update and Change of Company Secretary
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Cyprium Metals Ltd Management Update and Change of Company Secretary

Perth, Australia (ABN Newswire) – Cyprium Metals Limited (ASX:CYM) advises that Wayne Apted has resigned as the Chief Financial Officer and Company Secretary, effective today. The Board wishes to thank Mr Apted for his considerable efforts and contribution to the growth of Cyprium since 2019 and wishes him well in his future endeavours. The Company’s...

NorthIsle Copper and Gold Jumps Over 35 Percent
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NorthIsle Copper and Gold Jumps Over 35 Percent

The S&P/TSX Venture Composite Index (INDEXTSI:JX) continued its slide to close last week at 559.4. Statistics Canada released its real GDP figures for the month of July on Friday (September 29). Overall growth remained flat at 0 percent, and only nine out of 20 sectors saw growth during the period. Among those were the mining...

Arizona Metals Takes the Top Spot
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Arizona Metals Takes the Top Spot

The S&P/TSX Composite Index (INDEXTSI:OSPTX) declined last week, finishing the period at 19,778.04. Market watchers were focused on Canada’s southern neighbor as the US Federal Reserve met once again. The central bank opted to leave rates flat, but officials indicated they see one more hike in 2023 before two cuts next year. Against that backdrop,...

Pampa Metals Reduces Exercise Price of 1.7M Warrants
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Pampa Metals Reduces Exercise Price of 1.7M Warrants

While it’s clear now that 2020 wasn’t the peak for copper supply, there are still signs that a tight supply scenario — and higher prices — is on the horizon. Unlike peak oil, which was reversed with the help of fracking, no such technological advancements are available for copper production, and there are no viable...