ritr54

Freeport-McMoran: Dead Money Until Copper Prices Recover

I am kind of surprised FCX didn't make a play for Lundin Mining (LMC)who is their partner in Tenke; also NXG is a steal at these price levels with their low cost reserves in copper and gold!!

Blackmont Advises Not To Count Northgate Minerals Out Just Yet

It did not appear in their press release that the committee had significant grounds for recommending disapproval of a permit to NXG. I think the government will likely ignore the recommendation. NXG can't pay taxes if they don;t make money!