Copper Mountain Mining - Advanced Copper Exploration (Seite 163)
eröffnet am 08.05.09 12:23:53 von
neuester Beitrag 23.07.23 10:37:58 von
neuester Beitrag 23.07.23 10:37:58 von
Beiträge: 1.649
ID: 1.150.228
ID: 1.150.228
Aufrufe heute: 0
Gesamt: 166.443
Gesamt: 166.443
Aktive User: 0
ISIN: CA21750U1012 · WKN: A0MWH1 · Symbol: CPPMF
1,9040
USD
+0,32 %
+0,0060 USD
Letzter Kurs 22.06.23 Nasdaq OTC
Neuigkeiten
Werte aus der Branche Stahl und Bergbau
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 1,0000 | +23,08 | |
| 222,65 | +19,99 | |
| 5,1500 | +19,35 | |
| 3.200,00 | +15,90 | |
| 98,33 | +14,74 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 72.500,00 | -9,94 | |
| 0,5500 | -10,57 | |
| 36,50 | -11,47 | |
| 24,780 | -13,20 | |
| 1,0000 | -53,27 |
Beitrag zu dieser Diskussion schreiben
Feedback
TOP NEWS!!!
20.08.09 - 23:06 Uhr
Mitsubishi Closes On Purchase of 25% of Copper Mountain Project
Copper Mountain Mining Corporation
Mitsubishi Closes On Purchase of 25% of Copper Mountain Project
Vancouver, B.C., August 20, 2009 – Copper Mountain Mining Corporation (“CMMC” or the “Company”) reports that Mitsubishi Materials Corporation (“Mitsubishi”) have now closed the purchase whereby Mitsubishi acquired a 25% interest in the Copper Mountain Project (“Project”), located near Princeton, BC.
The Project is an open pit porphyry copper mine that operated from 1972 to 1996 and over its life produced 1.74 billion pounds of copper, 730 thousand ounces of gold and 9.1 million ounces of silver. The current resource is estimated at 5 billion pounds of copper at a 0.15 % Cu cut-off. The resource estimate incorporates data from over 4,400 historical drill holes totalling approximately 400,000 metres, and 370 new drill holes, totalling 107,000 metres from the Company’s 2007 and 2008 exploration programs.
To date, site activities have continued on schedule and were funded by the Company’s equity contributions and a $28.75 million line of credit from Mitsubishi. This line of credit has now been fully repaid. Long lead items have been ordered with the SAG and ball mill manufacturing well underway to maintain the target production schedule for mid 2011. Detailed engineering is progressing and site geotechnical excavation for the concentrator is now complete. The office and warehouse complex is now fully functional with power, heat, water, telephones, internet, and sewerage. The Company plans to start pouring concrete foundations in September 2009 in preparation for a very busy Spring 2010 construction schedule. The Company has approximately 20 employees currently engaged at the site. It is estimated that the Project will provide employment for 200 construction workers at its peak and the ongoing operations will create 257 full time positions. Over the 17 year life of the Project, it is estimated that the mine will produce 1.47 billion pounds of copper, 452,000 ounces of gold, and 4.5 million ounces of silver.
About Mitsubishi Materials Corporation:
Established in 1950, Mitsubishi is one of the world’s largest diversified materials companies. In addition to being a leader in metal smelting and refining, cement products and fabricated metals – notably Advanced Materials & Tools – Mitsubishi is also a major supplier of Electronic Materials & Components. Mitsubishi has invested in 4 (four) copper mines now under operation, namely Los Pelambres, Escondida (both in Chile), Huckleberry (Canada) and Batu Hijau (Indonesia). Mitsubishi’s high-level research and development programs are instrumental in enabling it to maintain its dominant position in key markets. Mitsubishi comprises 221subsidiaries and affiliates in 25 countries, employing 21,224 people.
About Copper Mountain Mining Corporation:
CMMC is a Canadian resource company managed by an experienced team of professionals with a solid track record of exploration and development success. The Company’s shares trade on the Toronto Stock Exchange under the symbol “CUM”. CMMC currently owns 100% of the 18,000 acre Copper Mountain Project, located 15 km south of the town of Princeton in southern British Columbia. The Copper Mountain Project is a past producer of 1.7 billion pounds of Copper that closed in 1996, and therefore, there is significant developed infrastructure on site that the Company can build upon. The Copper Mountain Project has a current resource of approximately 5 billion pounds of copper and it is CMMC’s goal to develop the Copper Mountain Project as a mid tier copper and precious metal mine to produce approximately 100 million pounds of copper per year by mid 2011. Additional information is available on the Company’s web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
“Jim O’Rourke”
Jim O’Rourke
Chief Executive Officer
For further information, please contact:
Don Graham: Director, Investor Relations 604 682 2992 ext. 224, Email: don@CuMtn.com
or B&D Capital 604-685-6465
Website: www.CuMtn.com
Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts’ expectations or estimates or to
20.08.09 - 23:06 Uhr
Mitsubishi Closes On Purchase of 25% of Copper Mountain Project
Copper Mountain Mining Corporation
Mitsubishi Closes On Purchase of 25% of Copper Mountain Project
Vancouver, B.C., August 20, 2009 – Copper Mountain Mining Corporation (“CMMC” or the “Company”) reports that Mitsubishi Materials Corporation (“Mitsubishi”) have now closed the purchase whereby Mitsubishi acquired a 25% interest in the Copper Mountain Project (“Project”), located near Princeton, BC.
The Project is an open pit porphyry copper mine that operated from 1972 to 1996 and over its life produced 1.74 billion pounds of copper, 730 thousand ounces of gold and 9.1 million ounces of silver. The current resource is estimated at 5 billion pounds of copper at a 0.15 % Cu cut-off. The resource estimate incorporates data from over 4,400 historical drill holes totalling approximately 400,000 metres, and 370 new drill holes, totalling 107,000 metres from the Company’s 2007 and 2008 exploration programs.
To date, site activities have continued on schedule and were funded by the Company’s equity contributions and a $28.75 million line of credit from Mitsubishi. This line of credit has now been fully repaid. Long lead items have been ordered with the SAG and ball mill manufacturing well underway to maintain the target production schedule for mid 2011. Detailed engineering is progressing and site geotechnical excavation for the concentrator is now complete. The office and warehouse complex is now fully functional with power, heat, water, telephones, internet, and sewerage. The Company plans to start pouring concrete foundations in September 2009 in preparation for a very busy Spring 2010 construction schedule. The Company has approximately 20 employees currently engaged at the site. It is estimated that the Project will provide employment for 200 construction workers at its peak and the ongoing operations will create 257 full time positions. Over the 17 year life of the Project, it is estimated that the mine will produce 1.47 billion pounds of copper, 452,000 ounces of gold, and 4.5 million ounces of silver.
About Mitsubishi Materials Corporation:
Established in 1950, Mitsubishi is one of the world’s largest diversified materials companies. In addition to being a leader in metal smelting and refining, cement products and fabricated metals – notably Advanced Materials & Tools – Mitsubishi is also a major supplier of Electronic Materials & Components. Mitsubishi has invested in 4 (four) copper mines now under operation, namely Los Pelambres, Escondida (both in Chile), Huckleberry (Canada) and Batu Hijau (Indonesia). Mitsubishi’s high-level research and development programs are instrumental in enabling it to maintain its dominant position in key markets. Mitsubishi comprises 221subsidiaries and affiliates in 25 countries, employing 21,224 people.
About Copper Mountain Mining Corporation:
CMMC is a Canadian resource company managed by an experienced team of professionals with a solid track record of exploration and development success. The Company’s shares trade on the Toronto Stock Exchange under the symbol “CUM”. CMMC currently owns 100% of the 18,000 acre Copper Mountain Project, located 15 km south of the town of Princeton in southern British Columbia. The Copper Mountain Project is a past producer of 1.7 billion pounds of Copper that closed in 1996, and therefore, there is significant developed infrastructure on site that the Company can build upon. The Copper Mountain Project has a current resource of approximately 5 billion pounds of copper and it is CMMC’s goal to develop the Copper Mountain Project as a mid tier copper and precious metal mine to produce approximately 100 million pounds of copper per year by mid 2011. Additional information is available on the Company’s web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
“Jim O’Rourke”
Jim O’Rourke
Chief Executive Officer
For further information, please contact:
Don Graham: Director, Investor Relations 604 682 2992 ext. 224, Email: don@CuMtn.com
or B&D Capital 604-685-6465
Website: www.CuMtn.com
Note: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents, filed by the Company on SEDAR at www.sedar.com, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to review or confirm analysts’ expectations or estimates or to
Mitsubishi Closes On Purchase of 25% of Copper Mountain Project
On Thursday August 20, 2009, 11:04 am EDT
http://finance.yahoo.com/news/Mitsubishi-Closes-On-Purchase-…
On Thursday August 20, 2009, 11:04 am EDT
http://finance.yahoo.com/news/Mitsubishi-Closes-On-Purchase-…
So, bin seit letzter Woche dabei und habe gestern nochmal ein klein wenig nachgekauft. Seit dem definitiven Vertrag mit Mitsubishi ist für mich das Risiko deutlich reduziert und damit ein Einstieg möglich. Der Rücksetzer nach der Bekanntgabe war eine schöne Einstiegsgelegenheit.
Entscheidend ist jetzt, mit wie vielen zusätzlichen Aktien CUM die Produktion aufnehmen kann. Ich persönlich wäre für den Vorwärtsverkauf von 5Jahren Goldproduktion (ca. 150.000 Unzen) für sagen wir mal $400/Unze. Das wären 60Millionen und CUM bräuchte keine zusätzlichen shares. Vermutlich unrealistisch....
Jennings geht von ca. 100mill. Aktien aus, was bei $2/lb zu einem EPS von 30cent führt. Bei den derzeitigen fast $3(lb sollten es unter gleichen Bedingungen dann eher $1 pro Share sein. Mit einem P/E von 5 wären wir dann bei 5 USD pro Aktie.
Entscheidend ist jetzt, mit wie vielen zusätzlichen Aktien CUM die Produktion aufnehmen kann. Ich persönlich wäre für den Vorwärtsverkauf von 5Jahren Goldproduktion (ca. 150.000 Unzen) für sagen wir mal $400/Unze. Das wären 60Millionen und CUM bräuchte keine zusätzlichen shares. Vermutlich unrealistisch....
Jennings geht von ca. 100mill. Aktien aus, was bei $2/lb zu einem EPS von 30cent führt. Bei den derzeitigen fast $3(lb sollten es unter gleichen Bedingungen dann eher $1 pro Share sein. Mit einem P/E von 5 wären wir dann bei 5 USD pro Aktie.
Mitsubishi Signs Definitive Agreements to Join Copper Mountain Project
Thu Jul 30, 11:01 AM
* Email Story
* IM Story
* Printable View
TSX : CUM
VANCOUVER, July 30 /PRNewswire-FirstCall/ - Copper Mountain Mining Corporation ("CMMC" or the "Company") reports that the Company and Mitsubishi Materials Corporation ("Mitsubishi") have signed definitive agreements, namely Shareholders' Agreement, Share Subscription Agreement, Concentrates Sales and Purchase Agreement, and Secondment Agreement whereby Mitsubishi will acquire a 25% interest in the Copper Mountain Project ("Project"), located near Princeton, BC. In addition to purchasing a 25% equity interest in the Project for $28.75 million, Mitsubishi agreed to use commercially reasonable efforts to arrange a $250 million project loan, and has agreed to purchase all of the copper concentrate from the mine.
The Project is an open pit porphyry copper mine that operated from 1972 to 1996 and over its life produced 1.74 billion pounds of copper, 9.1 million ounces of silver and 730 thousand ounces of gold. The current resource is estimated at 5 billion pounds of copper at a 0.15 % Cu cut-off. The resource estimate incorporates data from over 4,400 historical drill holes totalling approximately 400,000 metres, and 370 new drill holes, totalling 107,000 metres from the Company's 2007 and 2008 exploration programs...........
http://ca.news.finance.yahoo.com/s/30072009/31/link-f-prnews…
Thu Jul 30, 11:01 AM
* Email Story
* IM Story
* Printable View
TSX : CUM
VANCOUVER, July 30 /PRNewswire-FirstCall/ - Copper Mountain Mining Corporation ("CMMC" or the "Company") reports that the Company and Mitsubishi Materials Corporation ("Mitsubishi") have signed definitive agreements, namely Shareholders' Agreement, Share Subscription Agreement, Concentrates Sales and Purchase Agreement, and Secondment Agreement whereby Mitsubishi will acquire a 25% interest in the Copper Mountain Project ("Project"), located near Princeton, BC. In addition to purchasing a 25% equity interest in the Project for $28.75 million, Mitsubishi agreed to use commercially reasonable efforts to arrange a $250 million project loan, and has agreed to purchase all of the copper concentrate from the mine.
The Project is an open pit porphyry copper mine that operated from 1972 to 1996 and over its life produced 1.74 billion pounds of copper, 9.1 million ounces of silver and 730 thousand ounces of gold. The current resource is estimated at 5 billion pounds of copper at a 0.15 % Cu cut-off. The resource estimate incorporates data from over 4,400 historical drill holes totalling approximately 400,000 metres, and 370 new drill holes, totalling 107,000 metres from the Company's 2007 and 2008 exploration programs...........
http://ca.news.finance.yahoo.com/s/30072009/31/link-f-prnews…
Trading Spotlight
Copper Mountain Production Plan and Reserves Updated
http://finance.yahoo.com/news/Copper-Mountain-Production-cnw…
http://finance.yahoo.com/news/Copper-Mountain-Production-cnw…
Antwort auf Beitrag Nr.: 37.460.540 von neuflostein am 24.06.09 19:01:02Ich hab so ein Gefühl, dass der Vertrag fixiert wurde.
Jedenfalls macht mir die Aktie derzeit viel Freude und kompensiert meine Trauer über den zu frühen Austieg bei Mercator.
Grüße
Martin
Jedenfalls macht mir die Aktie derzeit viel Freude und kompensiert meine Trauer über den zu frühen Austieg bei Mercator.Grüße
Martin
Mr. JOHN K. GRAF JOINS COPPER MOUNTAIN BOARD
Vancouver, B.C., July 14, 2009 – Copper Mountain Mining Corporation (“CMMC” or the “Company) announces that John Graf has agreed to join the Board of Directors effective immediately, subject to the approval of the TSX Exchange.
Mr. Graf is a Chartered Accountant who last worked at the British Columbia Securities Commission (“BCSC”) as an Independent Commissioner from December 1998 to March 2008. While at the BCSC Mr. Graf was Chair of the Audit Committee. Prior to working at the BCSC Mr. Graf worked at Catalyst Paper Corporation and retired from the position of Vice President, Secretary and Treasurer of that corporation in 1997. Mr. Graf has managed the corporate finance, legal, and secretarial affairs and properties of a company with a market capitalization of $2.5 Billion. Prior to working at Catalyst Paper Mr. Graf was a tax manager at the accounting firm Arthur Andersen & Co. Mr. Graf has served on the Board of a number of Companies over his 40 plus year career. Mr. Graf received his Bachelor of Commerce degree from the University of British Columbia in 1966 and earned his Chartered Accountancy designation in 1968. Mr. Graf is a citizen and resident of Canada. As a condition of Mr. Graf’s appointment he has been granted 175,000 share purchase options exercisable for a period of five years at an exercise price of $0.80 per share.
Jim O’Rourke, President and CEO, stated, “We are extremely pleased to have a person of John’s stature join our Board to strengthen our ability to meet our corporate governance objectives.” “Mr. Graf’s knowledge of the securities regulations and his experience as Chairman of the audit committee are an important part of satisfying the Company’s obligations to represent our shareholders as the Company moves forward in becoming a mid-tier copper producer.” Mr. O’Rourke stated further that “Copper Mountain is forging ahead with its development plans that will see the Copper Mountain Project in production by mid 2011 and Mr. Graf’s contributions will be invaluable.”
About Copper Mountain Mining Corporation:
CMMC is a Canadian resource company, managed by an experienced team of professionals with a solid track record of exploration and development success. The Company’s shares trade on the Toronto Stock Exchange under the symbol “CUM”. CMMC currently owns 100% of the 18,000 acre Copper Mountain Project, located 15 km south of the town of Princeton in southern British Columbia. The Copper Mountain Project is a past producer of 1.7 billion pounds of Copper that closed in 1996, and therefore, there is significantly developed infrastructure on site that the Company can build upon. The Copper Mountain Project has a current resource of approximately 5 Billion pounds of copper and it is CMMC’s goal to develop the Copper Mountain Project as a mid tier copper and precious metal mine to produce approximately 100 million pounds of copper per year by mid 2011. Additional information is available on the Company’s web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
Vancouver, B.C., July 14, 2009 – Copper Mountain Mining Corporation (“CMMC” or the “Company) announces that John Graf has agreed to join the Board of Directors effective immediately, subject to the approval of the TSX Exchange.
Mr. Graf is a Chartered Accountant who last worked at the British Columbia Securities Commission (“BCSC”) as an Independent Commissioner from December 1998 to March 2008. While at the BCSC Mr. Graf was Chair of the Audit Committee. Prior to working at the BCSC Mr. Graf worked at Catalyst Paper Corporation and retired from the position of Vice President, Secretary and Treasurer of that corporation in 1997. Mr. Graf has managed the corporate finance, legal, and secretarial affairs and properties of a company with a market capitalization of $2.5 Billion. Prior to working at Catalyst Paper Mr. Graf was a tax manager at the accounting firm Arthur Andersen & Co. Mr. Graf has served on the Board of a number of Companies over his 40 plus year career. Mr. Graf received his Bachelor of Commerce degree from the University of British Columbia in 1966 and earned his Chartered Accountancy designation in 1968. Mr. Graf is a citizen and resident of Canada. As a condition of Mr. Graf’s appointment he has been granted 175,000 share purchase options exercisable for a period of five years at an exercise price of $0.80 per share.
Jim O’Rourke, President and CEO, stated, “We are extremely pleased to have a person of John’s stature join our Board to strengthen our ability to meet our corporate governance objectives.” “Mr. Graf’s knowledge of the securities regulations and his experience as Chairman of the audit committee are an important part of satisfying the Company’s obligations to represent our shareholders as the Company moves forward in becoming a mid-tier copper producer.” Mr. O’Rourke stated further that “Copper Mountain is forging ahead with its development plans that will see the Copper Mountain Project in production by mid 2011 and Mr. Graf’s contributions will be invaluable.”
About Copper Mountain Mining Corporation:
CMMC is a Canadian resource company, managed by an experienced team of professionals with a solid track record of exploration and development success. The Company’s shares trade on the Toronto Stock Exchange under the symbol “CUM”. CMMC currently owns 100% of the 18,000 acre Copper Mountain Project, located 15 km south of the town of Princeton in southern British Columbia. The Copper Mountain Project is a past producer of 1.7 billion pounds of Copper that closed in 1996, and therefore, there is significantly developed infrastructure on site that the Company can build upon. The Copper Mountain Project has a current resource of approximately 5 Billion pounds of copper and it is CMMC’s goal to develop the Copper Mountain Project as a mid tier copper and precious metal mine to produce approximately 100 million pounds of copper per year by mid 2011. Additional information is available on the Company’s web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
Wenn der MOU zum fixen Vertrag wird, wird die Aktie in die Höhe schnellen. Die Wirtschaftlichkeit des Projektes ist exellent, lediglich die unsichere Finanzierungslage hält den Preis unten.
Durchsuchen
