Caribou King Resources (TSXV:CKR) signed an agreement with Alix Resources Corp. (TSXV:AIX) to buy additional 51% interest from Alix in the five Yukon properties.
Regal Resources Inc. (CNSX:RGR) has entered into an agreement with Minquest Inc. to acquire all claims regarding the Patagonia/Sunnyside project.
Reuters Africa reported that copper prices surged 1.3 percent as U.S. jobs data reinforced confidence.
Profit-taking is pushing down copper prices, which have gained amid stronger manufacturing data worldwide. Market focus is now on a possible merger between Glencore International and Xstrata.
Bloomberg reported that copper fell 0.8 percent on worries over declining copper demand in China.
Cadillac Ventures Inc. (TSXV:CDC) reported results for holes K-11-33 to K-11-42 at Thierry Mine property, Northwestern Ontario.
Blue River Resources Ltd. (TSXV:BXR) reported its exploration plans for the Castle Copper Project.
African Copper Plc (LSE:ACU) reported that the company has received further loan of $5 million from ZCI Limited.
Bloomberg reported that copper futures surged 1.4 percent due to positive manufacturing data from Asia and the U.S.
Bloomberg reported that HudBay Minerals Inc. (TSX:HBM) has decided to expand by buying stakes in exploration companies.
Friday, February 3, 2012