Junior Mining News

Copper Mountain gains approval for $71m acquisition of Altona

By analyst By Cecilia Jamasmie Canada’s Copper Mountain Mining (TSX: CMMC) has obtained shareholder approval for its planned acquisition of Australian junior Altona Mining (ASX:AOH) in a deal worth A$93 million, or about $71m at today’s rates. Under the agreement, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a

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Vedanta shuts protests-ridden copper smelter in India for 15 days

By analyst By Cecilia Jamasmie Vedanta, the London-listed natural resources company controlled by one of India’s richest men, said Tuesday it was shutting its copper smelting operations in the south of the country, for a 15-day planned maintenance. The halt, originally scheduled for April, comes amid local media reports of massive protests around the smelter

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