First Quantum Minerals to Launch $5.1 Billion Hostile Takeover of Inmet
Copper – The Financial Post reported that First Quantum Minerals Ltd. plans to enter a $5.1-billion hostile bid for Inmet Mining Corp. after friendly negotiations have failed.
Articles Tagged "copper mines"
Katanga Mining Drawing on Credit Facility for $515.5 Million to Fund DRC Mine Expansion
Copper – Mining Weekly reported that Katanga Mining will be drawing down a $515.5 million load from its credit facility in order to support the fourth phase of expansion in their copper/cobalt mine in the DRC.
AQM Delivers Results from PEA for Zafranal Project, Including 557.2 Mt Grading 0.36% Copper
Copper – AQM Copper Inc. (TSXV:AQM) announced the positive results of the Preliminary Economic Assessment for the Zafranal Project located in the Southern Peru Porphyry Copper Belt.
Archean Star Resources Assays 13.55 Percent Copper at Monitor Mine
Copper – Archean Star Resources Inc. (TSXV:ASP) reported that it has received high grade copper assay results from the Monitor Mine.
Candente Copper Has High Expectations for $1.5 Billion Peruvian Copper Deposit
Copper – Bloomberg reported that Candente Copper Corp has high hopes for its $1.5 billion Peruvian copper deposit, as it awaits a water permit to complete a feasibility study at the Canariaco project in the northern Andes.
Kombat Copper Announces Exploration Updates from its Namibian Copper Projects
Copper – Kombat Copper (TSXV: KBT) announced updates from its exploration activities at its Namibian copper projects.
Beaufield Announces Estimate of High Grade Copper at the Tortigny deposit
Copper – Beaufield Resources Inc. (TSXV:BFD) announced that SGS Canada Inc. ("SGS") has estimated that the Tortigny deposit contains high grade Cu-Zn-Ag-Au.
Thompson Creek Closes $350 Million to Aid in Costs at Mt Milligan
Copper – Mining Weekly reported that Thompson Creek Metals closed financing worth $350-million, much of which will be directed to the Mt Milligan copper/gold mine.
OceanaGold Close to Production at Didipio
Copper – Mining Weekly reported that OceanaGold has started milling operations at its Didipio project, in advance of copper concentrate production in the coming weeks.
Highland Copper Intersects High Grade Copper in Additional Drilling at Keweenaw
Copper – Highland Copper Company Inc. (TSXV:HI) announced results from 18 additional diamond drill holes at the Keweenaw project in the Upper Peninsula of Michigan.
