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    copper-investing

    Capstone Seeks Copper Deal Adding Up to 100 Million Pounds

    Investing News Network
    Nov. 02, 2011 12:41PM PST
    Base Metals Investing

    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).

    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.

    Click here to read the full Bloomberg report

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