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Market: ASX
Sector: General Mining
Epic: CUO
News: Latest news
Web Site: CopperCo Limited
Other Articles: 18-07-200815-07-200806-06-2008

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Friday July 03, 07:01Commercial property: The contrarian view

The global recession has hit commercial real estate companies hard, with capital values falling 43.6% from their peak in June 2007.

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Thursday July 02, 10:45Rubicon Minerals, Eastmain Resources and Fission Energy to present at 7 July Investor Forum, Toronto, Canada

Our three presenting companies are well established mining companies with advanced stage assets. All three companies are well-funded and managed by a team of experienced professionals

 

 

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CopperCo Limited

CopperCo Limited

CopperCo Limited is a public company listed on the Australian Stock Exchange (“ASX”) (“CUO”).  CopperCo commenced copper production from the first of five ore bodies in October 2007 at the Lady Annie Operations (“LAO”) located approximate 120 km north of Mt Isa.  The mine employs the heap leach solvent extraction – electrowinning technology (“SX-EW”) which accounts for approximately 20% of the world’s copper production.  Lady Annie is producing at an annualised rate of 19,000 tonnes per annum (“tpa”) of copper cathode and will increase production to 30,000 tpa early in 2009.

 

Thursday, November 20, 2008

CopperCo in Trading Halt - Progressing Financing Transactions

CopperCo (ASX:CUO) has been placed into a trading halt to "progress potential financing transactions".

The copper miner requested the trading halt today, and to remain in place until Monday, November 24, or when the announcement is released to the market.

In late January 2008 the company announced it was to merge with Mineral Securities.

The merger, a move the company has said reinforces and validates the key drivers of lowering gearing, is said to be in the final stages.

CopperCo was trading at 5.0 cents before the halt.

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