Copper – Forbes reported that Freeport-McMoRan Copper & Gold extended a $6.5 billion offering across four tranches of in support of two large recent acquisitions, Plains Exploration & Production (PXP) and McMoRan Exploration.
Copper – Mining Weekly reported that HudBay Minerals Inc.’s (TSX:HBM) fourth-quarter profits fell almost 80 percent year-over-year due to dwindling sales and lower metal prices.
Copper – Bloomberg reported that Cadente Copper stock price surged on news that they are starting exploratory drilling at its Canariaco deposit.
Copper – Forbes reported that some analysts are wondering why copper miner Freeport has moved into the energy space, with last week's acquisition of Plains Exploration & Production Co. and McMoRan Exploration, which sent stock tumbling.
Copper – Highland Resources Inc. (TSXV:HI) announced drill results from the Keweenaw Copper Project in Michigan.
Copper – IMX Resources Limited Limited (TSX:IXR, TSX:IXR.WT, ASX:IXR) announced that it has started drill testing at the Mt Woods Magnetite Project .
Copper – TNG Limited (ASX:TNG) announced that it will commence significant new drilling at its Mount Hardy Copper Project in northern Australia.
Copper – Reuters reported that a Chinese private equity firm has entered a hostile takeover bid of A$824 million for Australian Copper miner Australia's Discovery Metals Ltd.
Copper – Reuters reported that the U.S. Securities and Exchange Commission has delayed a decision about JPMorgan's plan to launch a copper-backed ETF fund for the second time.
Copper – Marengo Mining Limited (ASX:MGO, TSX:MRN) announced further drilling results from the Yandera Project, which included high grade copper intercepts.
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