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Azucar Minerals Ltd T.AMZ


Primary Symbol: V.AMZ Alternate Symbol(s):  AXDDF

Metals & Mining Industrial Metals & Minerals
Azucar Minerals Ltd. is a Canada-based mineral exploration and development company. The Company is engaged in acquisition and exploration of mineral resource properties in Mexico and acquisition of property and equipment in Canada. The Company is focused on exploration of the El Cobre project in Veracruz, Mexico. The El Cobre Property claim block covers approximately 11,860 hectares, which contains copper-gold porphyry mineralization over a strike length of at least four kilometers (km). The property is located adjacent to the Gulf of Mexico approximately 75 km northwest of the city of Veracruz in the state of Veracruz, Mexico. The Company has discovered five copper-gold porphyry zones within the property along an approximately four to five km trend, stretching from Norte down to Encinal in the southeast. The El Cobre Project is consistent with the porphyry copper-gold-silver-molybdenum (Cu-Au+/-Ag+/-Mo) deposit model.


TSXV:AMZ - Post by User

Azucar Minerals Ltd
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Post by Rocketred500on Aug 29, 2010 6:00pm
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Post# 17394244

$12 billion for new projects and acquisitions

$12 billion for new projects and acquisitions
SAO PAULO, Aug 27, 2010 (Dow Jones Commodities News via Comtex) -- Vale SA (VALE, VALE5.BR), the world's biggest iron-ore producer, said it is studying acquisitions in the fertilizer industry after denying it was in talks to take over Potash Corp of Saskatchewan Inc. (POT, POT.T), the local Estado news agency reported Friday.

The Rio de Janeiro company has budgeted $12 billion for new projects and acquisitions during the next three years, Vale's director of fertilizers, Mario Barbosa, told Estado. The company aims to be the second-biggest producer of fertilizer ingredients in four to five years, Barbosa was cited as saying. Vale currently is the fifth-biggest phosphate miner and ninth-biggest potassium provider.

Brazil is the world's fourth-biggest consumer of fertilizer.


https://www.marketwatch.com/story/dj-vale-sees-acquisitions-has-12b-for-investment-by-2014-estado-2010-08-27
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