Campbell Resources updates recent activities



    MONTREAL, Jan. 12 /CNW Telbec/ - Campbell Resources Inc. (the "Company")
("Campbell") (NEX: CCH.H-X, OTC Bulletin Board:   CBLRF) today announced that it
discontinued all mining operations at its Copper Rand mine on December 31,
2008. The decision to terminate operations at Copper Rand was originally
announced on September 9, 2008. Campbell also suspended its bulk sample
exploration program at the Corner Bay property in October 2008 because of
extreme difficulties in securing financing in the current marketplace and the
decline in copper prices. Manpower resources are being reduced to care and
maintenance levels.
    Campbell also announced that it is now listed on the NEX under the symbol
CCH.H-X. The NEX is a new and separate board of TSX Venture Exchange which
provides a trading forum for listed companies that have fallen below TSX
Venture's ongoing listing standards.

    About Campbell Resources

    Campbell Resources Inc. concentrates on the development and exploitation
of copper and gold mining properties in the Chibougamau region of Quebec.
Campbell's headquarters are located in Montreal, Quebec.

    Certain information contained in this release may contain
"Forward-Looking Statements" within the meaning of the Private Securities
Litigation Reform Act of 1995 and is subject to certain risks, assumptions and
uncertainties, including those "Risk Factors" set forth in the Campbell's
current Annual Report on Form 20-F for the year ended December 31, 2007, which
may cause actual future results to differ materially from those expressed or
implied in any forward-looking statement. Such factors include, but are not
limited to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due to prudent
reaction of management to ongoing exploration results, engineering and
financial concerns; and fluctuations in the gold and copper prices which
affect the profitability and mineral reserves and resources of Campbell. The
key assumptions underlying the forward-looking statements contained in this
release are that the gold and copper prices remain equal to or above the
prices disclosed herein. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date hereof.
Forward-looking statements are expressly qualified in their entirety by this
cautionary statement.
    %SEDAR: 00001579EF          %CIK: 0000718053




For further information:

For further information: Campbell Resources Inc.: André Fortier,
President and Chief Executive Officer, (514) 875-9037, Fax: (514) 875-9764,
afortier@campbellresources.com; Alain Blais, Vice-president, (418) 748-7691,
Fax: (418) 748-7696, ablais@campbellresources.com

Organization Profile

CAMPBELL RESOURCES INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890