Copper – South American Silver Corp. (TSX:SAC,OTCQX:SOHAF) entered into an agreement with a third party funder, pursuant to which the Fund will cover the Company's future costs and expenses related to the international arbitration proceedings against the Plurinational State of Bolivia for the expropriation of the Malku Khota project.
Copper – NASDAQ reported that Rio Tinto has cut 100 jobs at its Kennecott mine in the wake of last month's landslide as it scrambles to reduce operating costs.
Copper – VMS Ventures Inc. (TSXV:VMS) announced progress updates from the Reed Copper Project, in which they own a 30 percent interest.
Copper – Copper Mountain Mining Corporation (TSX:CUM) announced that the damaged SAG mill transformer has been replaced late Friday and the mill resumed operation shortly afterwards.
Copper – South American Silver Corp. (TSX:SAC,OTCQX:SOHAF) announced that all of the resolutions that shareholders were asked to consider were approved at its 2013 Annual and Special Meeting. Six directors were elected and a special resolution was passed that authorizes the Company to change its name to "Solidus Resources Corp."
Copper – IMX Resources Limited (TSX:IXR,TSX:IXR.WT,ASX:IXR), with JV partner Oz Minerals, announced updates from exploration activities for their Mt Woods Copper-Gold Joint Venture Project.
Copper – loomberg reported that Freeport-McMoRan Copper & Gold Inc is taking on a safety review after a tunnel collapse at their Indonesian unit caused multiple fatalities and a production halt is raising prices on supply concerns. As quoted in the Bloomberg report:
Copper – Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) announced that shareholders have voted in support of FCX's proposed acquisition of PXP.
Copper – Mineweb reported that the death toll has risen to 14 after a tunnel collapsed at Big Gossan underground training facility at the PT Freeport Indonesia Grasberg complex, and 14 more are still missing and feared dead.
Copper – Candente Copper Corp. (TSX:DNT) provided updates on the Cañariaco copper project.
Get our independent commentary on resource trends and companies delivered to your inbox.
