Puma Exploration Inc. V.PUMA

Alternate Symbol(s): PUMXF

Metals & Mining Industrial Metals & Minerals

Puma Exploration is a Canadian mineral exploration company that controls thousands of hectares in the famous Bathurst Mining Camp of New Brunswick, Canada. The Company made several gold discoveries at its flagship Williams Brook property in 2021. Backed by strategic investors and managed by experienced professionals, Puma is focused on generating maximum shareholder value through its development, exploration, acquisition, and royalties (“DEAR”) strategy.

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Puma Exploration Inc.

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Post by RISKMANAGEMENTon Jul 28, 2009 4:33am

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Post# 16170814

China demand lift copper to 10 months highs,,,,,

China demand lifts copper to high
July 28, 2009

Copper prices surged to 10-month highs yesterday, boosted by growing optimism about economic growth and demand in China, the largest consumer of industrial metals.

Copper hit a session high of $5 646 (R44 037) a ton and was at $5 636 at noon in London, compared with $5 520 at the close on Friday. The metal has gained 80 percent this year.

Much of that gain has been built on Chinese buying, which analysts say is strong because of fiscal stimuli.

"China is throwing off its connection with Western demand," said analyst John Meyer.

"Chinese demand is real, there is strong demand for copper concentrates, partly because of a lack of scrap."

Aluminium futures on the London Metal Exchange rose to $1 855 a ton, up 40 percent since February and the highest since last November. - Reuters

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