Investing News Network | Copper Investing News
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Investing News Network | Copper Investing News
4h ago
World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") reports that pursuant to their news releases dated February 27, 2024 and April 12, 2024, the Company has closed the final tranche of their non-brokered financing, issuing an additional 16,531,957 units for proceeds of $1,157,237. Aggregate totals from both tranches total 69,547,069 units for gross proceeds of $4,868,294.89.
Each unit consisted of one common share of the Company (a "Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to acquir ..read more
Investing News Network | Copper Investing News
6h ago
London-based Anglo American (LSE:AAL,OTCQX:AAUKF) has rejected mining behemoth BHP's (ASX:BHP,LSE:BHP,NYSE:BHP) US$38.8 billion bid to acquire the company.
"The BHP proposal is opportunistic and fails to value Anglo American's prospects, while significantly diluting the relative value upside participation of Anglo American's shareholders relative to BHP's shareholders," said Anglo Chairman Stuart Chambers in a Friday (April 26) statement. BHP's offer for the company was made public on Thursday (April 25).
The proposal, whose aim is to create the world's largest copper miner while divesting A ..read more
Investing News Network | Copper Investing News
9h ago
Falco Resources (TSXV:FPC) focuses on developing gold and base metal projects in the Rouyn-Noranda region of Quebec, an established mining camp with a long history of exploration and development. The camp has historically produced 19 million ounces (Moz) of gold and 2.9 billion pounds (Blbs) of copper, and yet it is still under-explored for gold.
Falcon’s principal property, Horne 5 project, holds 67,000 acres or nearly 67 percent of the total area of the entire mining camp and is located under the former Horne mine which produced 11.6 Moz of gold and 2.5 Blbs of copper. The 2021 feasibili ..read more
Investing News Network | Copper Investing News
12h ago
Highlights:
Surface rock chip channel sample returns 3.8m of 2.4% Copper and 162 g/t Silver at the Cristinas mine target.
Geophysical survey over the mine target area shows a conductor associated with mineralization that extends, untested, to at least 350m depth beneath historic shallow drilling.
A second conductor in the hanging wall of the mine target adds an additional drill target.
Drilling commencing in May 2024 to test open copper intercepts and geophysical targets at the Cristinas project.
Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company"), a copper-focused exploration com ..read more
Investing News Network | Copper Investing News
12h ago
Interra Copper Corp. (CSE: IMCX) (OTCQB: IMIMF) (FSE: 3MX) ("Interra" or the "Company") is pleased to provide detail of the first phase exploration program at the Rip Copper Project (the "Project" or "Rip") in the Stikine region of British Columbia. The Rip Project is situated approximately 33 km northeast of Imperial Metals' past producing Huckleberry copper-molybdenum ("Cu-Mo") mine (see Figure 1), which is presently on care and maintenance. Imperial Metals Corporation is exploring Huckleberry and its surrounding claims for additional Cu-Mo resources.
In late 2023, the Company first annou ..read more
Investing News Network | Copper Investing News
19h ago
Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) advises that it has exercised its option to take up a second A$1.0M Convertible Note from Patras Capital Pte Ltd on the same commercial terms as the first A$1.0M Convertible Note which was issued on 8 March 2024.
The basic terms of the second Convertible Note are as follows;
Principal Amount
A$1,000,000
Maturity Date
30 April2026
Interest
NIL
Discount to Principal Amount
A$100,000 (in lieu of interest)
Early Repayment
At the Company’s option at 110%of any outstanding balance of the ..read more
Investing News Network | Copper Investing News
19h ago
First Quantum Minerals (TSX:FM,OTC Pink:FQVLF) reported its Q1 results on Tuesday (April 23), revealing a net loss of US$159 million (US$0.21 per share) and an adjusted loss of US$154 million (US$0.20 per share).
The company's gross profit came in at US$156 million, with EBITDA at US$180 million, both lower than last year.
These downturns have been attributed to disruptions at First Quantum's Cobre Panama mine, which led to it being taken offline and placed in a preservation and safe management phase in November 2023.
With those circumstances in mind, First Quantum emphasized its commitment ..read more
Investing News Network | Copper Investing News
1d ago
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") has closed a flow-through financing for gross proceeds of $247,500, comprised of 4,500,002 Flow-Through Shares with an issue price of $0.055 per share.
All securities issued are subject to a statutory hold period that expires four months and one day from issuance.
In connection with the financing, the Company paid finder cash commissions totalling $15,925 and issued 289,545 finder warrants. Each finder warrant entitles its holder to acquire one common share of the Company at a price of $0.055 for a 36-month ..read more
Investing News Network | Copper Investing News
1d ago
Jordan Black Chief Executive Officer and Director, Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company"), and his team joined Omar Khafagy Manager, Corporate Access, Toronto Stock Exchange (TSX), to open the market and celebrate the Company's listing to TSX Venture Exchange (TSXV).
Ramp Metals is a battery and base metal exploration company with two flagship properties located in northern Saskatchewan and one property in Nye County, Nevada .
View original content to download multimedia: https://www.prnewswire.com/news-releases/ramp-metals-inc-tsxv-ramp-opens-the-market-3021278 ..read more
Investing News Network | Copper Investing News
2d ago
Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") reported the voting results from its Annual General Meeting of Shareholders held today in Vancouver, British Columbia. A total of 93,474,205 common shares were represented at the meeting, being 90.96% of the issued and outstanding common shares of the Company as at the March 5, 2024 record date. Shareholders voted in favour of all items of business before the meeting, including the re-election of management's nominees as directors for the ensuing year and the advisory vote on executive compensation. Detailed results of the votes ..read more