Group items tagged

Bell Copper Corp. of Vancouver has granted an option on the former Granduc copper mine to Castle Resources of Toronto. Castle may earn up to an 80% interest by spending $25 million over six years. Bell will receive a $2.5 million cash payment and the remainder in Castle shares. An additional 10% may be earned if Castle provides the project financing. The deal also includes Bell Copper's option agreement on the Silver Leduc claims belonging to Teuton Resources. The Granduc mine was in production from 1968 to 1984 with a 10,000 t/d concentrator. Approximately 420 million lb of copper with silver and gold credits was produced. The property near Stewart, BC, languished until Bell Copper acquired it 10 years later. A 43-101 report filed in 2005

Bell Labs is back, recently setting a new world record of 10 gigabit per second over existing copper wires. Why is this important? Because it solves the fiber-to-residence problem. Fiber cables for high-speed Internet services are being laid all throughout the country and world, but at a relatively slow rate due to the "curb-to-residence" problem. Many home owners are reluctant to let their lawns be dug up to lay fiber from the curb to the house, and many Internet providers are reluctant to incur the cost. Now Alcatel-Lucent's Bell Labs (Murray Hill, New Jersey) has a invented a solution -- a method of running 1-to-10 gigabit per second broadband signals from the curb to the residence using the existing copper telephone lines already there.

“A decrease in commodity imports [by China] represents seasonal patterns and suggests some moderation in Chinese industrial activity in May, but not as weak as the recent commodity market sell-off would suggest,” said Bart Melek, a global commodity strategist with BMO Nesbitt Burns Inc.