StockGuru News: Copper King Mining (CPRK) Anticipates the Completion of Its Ball Mill Complete with Floatation for Production of Copper Concentrate That Will Contain Commercial Amounts of Gold, and Silver
The Copper Kings are ahead of the curve with their Ball / Floatation Mill. The ability to process 2500 short tons of ore per day during the second quarter of 2008 means that revenue will increase significantly. In London today Copper prices firmed on signs of stronger demand. Copper for delivery in three months on the London Metal Exchange traded at $7,290 a ton. Bad news in China is good news for the Copper Kings. The worst winter in 100 years and power shortages have disrupted metals output and transport in China, a major producer of copper. This has produced…