Sterlite Industries, a subsidiary of Vedanta Resources, the London-based metal and mining group, has once again surged its offer for the assets of U.S Based Asarco, by about $500 mln to around $2.1 bln. For full story, click here
African Copper PLC declared that it has settled in full all the claims of Natasa against its subsidiary Messina Copper Ltd.and Matsitama Minerals Limited . For full story, click here
Corriente Resources Inc. that holds a 100% interest in four known copper deposits reported that its Ecuador subsidiary has received an official notice stating that the company is authorized to reinitiate its field operations. For company’s website, click here For full story, click here
Sumitomo Metal Mining Co., Ltd. announced that it has decided to establish a holding subsidiary in the Netherlands. For full story, click here
Friday, August 21, 2009