Capstone Seeks Copper Deal Adding Up to 100 Million Pounds

Bloomberg reported that Capstone Mining Corp. (TSX:CS) plans to acquire an American copper producer in order to bolster its annual output by 100 million pounds (45,000 metric tons).

As quoted in the market news:

Companies with mines or development projects in the Americas that may fit Pylot’s acquisition criteria in the next three years include Baja Mining Corp. (BAJ), Mercator Minerals Ltd. (ML), Taseko Mines Ltd. (TKO), Copper Mountain Mining Corp. and Copper Fox Metals Inc. (CUU), said John Hughes, an analyst at Desjardins Securities Inc.

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