CDU 0.00% 23.5¢ cudeco limited

tidal change

  1. 4,289 Posts.
    More good news for us considering all of our mining equipment will be arriving and being installed in 2013 with the real potential of some through put also in that year….and so how convenient that the following has happened:

    MANILA | Wed Dec 12, 2012 5:15am EST
    Dec 12 (Reuters) - Global miner Xstrata Plc's Philippine unit has delayed by three years, to 2019, a target to start production at the $5.9-billion Tampakan copper-gold mine in the country's south, as it remains hopeful of winning approvals from regulators.

    Conflicting rules and a freeze on new mine deals in the Philippines are strangling development of the country's untapped mineral resources, estimated by the government to be worth $850 billion

    And that would be assisting:

    Copper December 12,13:59
    Bid/Ask 3.6854 - 3.6858
    Change +0.0386 +1.06%
    Low/High 3.6456 - 3.6899

    With the March futures price now up to US $3.7175 cents /LB

    March Dec 12 2012 1:11PM 3.7175

    Plus so far another American DOW up day and we have the makings of another good day for CDU
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.