Japanese Materials Giant has taken 25% Stake in B.C. Copper Project
Japan’s Mitsubishi Materials Corp. has acquired a 25% stake in a B.C. copper project under development by Vancouver’s Copper Mountain Mining Corp. For full story, click here
Articles Tagged "stake"
Italy's KME takes over second metal dealer stake of '09
Italian copper products maker KME Group Spa announced that it will purchase 30 percent of Sigimet SpA for $2.41 million, taking its second stake in a metal trader this year. For full story, click here
Zambia plans to raise stake in copper mining companies
Zambia declared its plans to raise its stake in all foreign-owned copper mines to 25 percent from 15 percent to have a bigger say in their running and prevent mine closures. For full story, click here
Copper jumps on citi reports and weaker dollar
Copper rallied nearly 5 percent and lifted other industrial metals on Monday due to weakened dollar improved sentiment after a report that the U.S. government could enhance its stake in Citigroup. For more information, click here
Sumitomo Mining seeks additional control on copper flows
Japan’s Sumitomo Metal Mining Co Ltd announced that it plans to take a stake in at least one copper mine in the year starting in April to get additional control over the source of its ore. For more information, click here
