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COPPER: Execution of further copper tailings transactions

  • Date: 05-11-20
  • Category: COPPER
  • Source: Jubilee Metals

Jubilee Metals Group (“Jubilee” or the “Company”), the AIM and Altx traded metals processing company, is pleased to announce that it has successfully concluded further copper tailings transactions to secure the rights to an additional approximately 115 million tonnes of copper and cobalt containing surface tailings in Zambia (the “Tailings”). These transactions are in line with its stated strategy to expand operations in the country and are in addition to the already approximately 155 million to

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COPPER: First Quantum eyes Cobre Panama stake sale

  • Date: 25-03-20
  • Category: COPPER
  • Source: Mining.com

With a current market capitalization of $2.4 billion, First Quantum trades around three times its earnings before interest, taxes, depreciation and amortization, compared to an average of eight times for mining companies. Its net debt at the end of 2019 stood at $8.8 billion.

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