Copper mining has been taking place in Africa for thousands of years and still occurs today. Here's a look at three companies that are currently mining the red metal on the continent.
Articles Tagged "First Quantum Minerals"
Copper – Mining Weekly reported that First Quantum Minerals announced that their adjusted headline earnings for Q1 rose 30%, year-over-year, lifted in part by stronger sales
Rare Earth – Mining Weekly reported that Tsodilo Resources has entered into a C$2.5-million private placement and strategic alliance with First Quantum Minerals.
Copper – Amid dismal economic data out of Europe, copper made slight gains from an eight-month low as Chile’s port strike caused a supply squeeze.
Copper – First Quantum’s successful campaign to win over Inmet’s shareholders could be a sign that smaller mining companies may be starting to recognize the benefits of being part of a bigger group.
Nickel – The land down under is known for its dominance of the iron ore market, but its nickel mining history is also long and colorful.
Copper – Reuters reported that First Quantum Minerals announced that they have been given enough support from shareholders to win their $1.5 million hostile battle for Inmet Mining, which will give them access to one of the largest untapped copper deposits in the world, Cobre Panama
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Copper – Inmet Mining Corporation (TSX:IMN) is urging shareholders to reject First Quantum Minerals' offer.
Gold – The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.