Tag: Copper

Prize Mining re-designs its placement and will now raise C$10.75M

Prize Mining re-designs its placement and will now raise C$10.75M

Prize Mining (PRZ.V) has announced it has appointed a syndicate to distribute C$4M worth of the company’s current financing at C$0.15. To accommodate this demand, the company is cutting the size of its non-brokered financing from C$8M to C$6.75M, which will result in a total raise of C$10.75M by issuing […]

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources announces US$30M concentrate prepayment financing

Pembridge Resources (PERE.L) is getting its ducks in a row for the Minto copper project in Canada’s Yukon territory. It has now signed a deal with ‘a leading global Japanese trading house’ which was willing to extend a US$30M concentrate prepayment facility to Pembridge as part of an offtake agreement […]

Camino Minerals extends the Adriana zone (again) and connects  it to Katty

Camino Minerals extends the Adriana zone (again) and connects it to Katty

Camino Minerals (COR.V) has now confirmed the copper mineralization on the Adriana zone of the Los Chapitos project is now in excess of a kilometer long, as the assay results of four new drill holes confirm the existence of more copper mineralization. All four holes did intercept the Diva structure […]

ML Gold receives drill permits for step-out holes

ML Gold receives drill permits for step-out holes

ML Gold (MLG.V) has now received the additional permits needed for a step-out drill program at its Stars project in British Columbia. The new permits will allow the company to follow up on the high-grade copper mineralization in Zone 4, whilst it will also enable ML Gold to test additional […]

Rich copper mineralization from Ojitos Manto Cuprite (black) Malachite (green)

Prize Mining samples more high-grade copper at Manto Negro

Prize Mining (PRZ.V) has reported more assay results from the ongoing sampling program at the Manto Negro project in Mexico. As we explained in our previous report, this deposit is very similar to the well-known Kupferschiefer zones in Germany/Poland, and the Central African Copper Belt. The new samples emphasize the […]

Central Asia Metals reports Q1 production results for copper, zinc and lead

Central Asia Metals reports Q1 production results for copper, zinc and lead

Central Asia Metals (CAML.L) still has to publish its financial results of the first quarter of this year, but it has already released its production results. The total copper production was approximately 6.7 million pounds (at Kounrad), whilst the company also produced 12 million pounds of zinc and just over […]