China's copper demand from power, transport & telecommunications sectors strong!

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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rodg45

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China's copper demand from power, transport & telecommunications sectors strong!

posted on Mar 12, 2009 04:42AM

From an article posted last night on Mineweb, entitled "China Copper Imports Hit New Record in February and May Rise Further," the main reason given is China's stimulus plan:

"China's stimulus plan to boost domestic consumption was strengthening demand from the power, transport and telecommunication sectors."

Noront has found lots of copper at Eagle 1 and 2, and we are on track to find some more pockets. Renewed demand for copper and a consequent price rise will ultimately add to our value and our stock price.

To read the article, click on the following link:

http://www.mineweb.com/mineweb/view/...

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