17
Apr
13:08
Western Copper, Mitsubishi Materials mark completion of strategic investment
British Columbia-based Western Copper & Gold says its CAD 21.3 million ($15.93m) strategic equity investment by Mitsubishi Materials Corp has closed, Kallanish reports.
The money will be used by Western Copper to advance its Casino copper-gold-molybdenum-silver project in Canada’s Yukon Territory. That deal had been announced last month.
After Mitsubishi’s investment had been announced, Anglo-Australian Rio Tinto decided to exercise its participat…
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Very good overview of the weekly steel market.
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