Chinalco Yunnan Copper Resources Limited
The World Copper Conference of CRU is consolidated in the calendar of the copper industry as a mandatory event. In it, the market leaders meet to discuss key issues that impact the industry. It is considered a flagship event held during CESCO Week Santiago.
Asian Activities Report for August 29, 2011 includes: Beadell Resources Limited (ASX:BDR) announced a maiden JORC iron ore resource of 209.1 million tonnes at 36.1% Fe from the Tap Norte Banded Iron Formation in Brazil; Chinalco Yunnan Copper Resources Limited (ASX:CYU) and Goldsearch Limited (ASX:GSE) have commenced a drilling program totalling 6,050m at Elaine Copper-REE-Cobalt-Gold Zone in Queensland; Alacer Gold Corp (ASX:AQG) announced that its 95% owned Çöpler Gold Mine in Turkey has produced 100,000 ounce of gold on August 24, 2011; Australian base metals explorer Ventnor Resources (ASX:VRX) confirmed significant and continuous copper mineralisation from the second phase of drilling at the Thaduna/Green Dragon copper project in Western Australia.
Australian Market Report of March 22, 2011 includes: Territory Uranium (ASX:TUC) announced more exciting rare earth drill results at Quantum Prospect in Northern Territory; China Yunnan Copper Australia Limited (ASX:CYU) extended the rare earth-copper-cobalt discovery at the Mount Dorothy Prospect in Queensland; Bannerman Resources Limited (ASX:BMN) reported high grade surface rock chip samples at its Etango Uranium Project in Namibia; 3D Resources Limited (ASX:DDD) has signed a Memorandum of Understanding with an Indonesian group that has manganese, iron ore and coal interests throughout Indonesia/West Timor.
Australian Market Report of January 7, 2011 includes: China Yunnan Copper Australia (ASX:CYU) announced significant heavy rare earth element discovery in Queensland; Carnarvon Petroleum Limited (ASX:CVN) updated on the oil drilling operations onshore Thailand; Brighton Mining Group Limited (ASX:BTN) is to commence drilling at the Antrong Project in Cambodia; Ord River Resources Limited (ASX:ORD) has completed drilling work on the Yuqida tenement at the Bauxite Project in Laos.
Australian Market Report of November 30, 2010 includes: Ord River Resources Limited (ASX:ORD) has signed a binding Heads of Agreement with Guangdong Rising Asset Management Co., Ltd to establish a Joint Venture Company in Australia; China Yunnan Copper Australia Limited (ASX:CYU) has commenced a 2,000 metre RC drill programme at the Humitos Copper Porphyry project in Chile; Segue Resources Limited (ASX:SEG) signs MOI with a Korean consortium to review its Pardoo magnetite iron project; Silver Mines Limited (ASX:SVL) reports more high grade silver results in NSW.
FINANCE VIDEO: China Yunnan Copper Australia (ASX:CYU) MD Jason Beckton Speaks at the Brisbane Trade And Invesments Expo 2010.
The Resources Investment Expo, part of the trading and investing expo, got off to a controversial start this morning with a panel discussion chaired by Symposium's Managing Director, Kerry Stevenson. On the panel to discuss "how to prosper during the resources boom" were Clifford Bennett, Chief Economist from Herston Economics alongside Peter Pontikis, Director, International Federation of Technical Analysts and the Managing Director of Cloncurry Metals.
China Yunnan Copper Australia Limited is an Australian company formed to explore for and develop minerals in Australia and overseas. Cornerstone investor, Yunnan Copper Industry (Group) Co Ltd, is one of China's largest copper producers. CYU is targeting high quality copper, gold and uranium projects with eleven wholly owned Exploration Permit for Minerals (EPM's) in the Mt Isa Inlier, Ravenswood-Pentland Province and the Clermont area in Queensland.
Australian share market ended the first week of 2010 with a 15-month high as banking shares rebounded on Friday from the falls in previous session, offsetting losses in resources sector. At the close, the benchmark S&P/ASX200 index rose 12.7 points, or 0.3 per cent, to 4912.1, while the broader All Ordinaries index advanced 11.7 points, or 0.2 per cent, to 4942.2.
Yesterday the Australian market closed higher led by resources sector as Chinese Premier Wen Jiabao said the Chinese government will increase spending to boost the economy and achieve an 8% growth target this year. It raised the expectations that China's stimulus measures will prompt the demand for resources. The benchmark S&P/ASX200 index was up 22.1 points, or 0.7 per cent, to 3,188.5, while the broader All Ordinaries index rose 22.9 points, or 0.73 per cent, to 3,148.8.