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Additional Information
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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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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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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