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Alta Copper Corp. T.DNT


Primary Symbol: T.ATCU

ALTA COPPER CORP. IS AN EMERGING COPPER DEVELOPER ADVANCING WITH THE GLOBAL SHIFT TOWARD ELECTRIFICATION AND DECARBONIZATION. Alta Copper Corp. is focused on the development of its 100% owned Cañariaco advanced staged copper project. Cañariaco comprises 97 square kilometers of highly prospective land located 150 kilometers northeast of the City of Chiclayo, Peru, which include the Cañariaco Norte deposit, Cañariaco Sur deposit and Quebrada Verde prospect, all within a 4km NE-SW trend in northern Peru¿s prolific mining district. Cañariaco is one of the largest copper deposits in the Americas not held by a major.


TSX:ATCU - Post by User

Bullboard Posts
Post by Roundtripon Feb 22, 2009 4:36am
433 Views
Post# 15795929

China steps up acquisitions

China steps up acquisitions

An exerpt from a Northern Miner article:

China's state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hit by the financial crisis and poor metal prices.

Just days after Aluminum Corp. of China or Chinalco said it would invest US$19.5 billion in London-based Rio Tinto (RTP-N, RIO-L), China Minmetals Corp, a state-owned mining, metallurgical, construction and investment company, is offering to buy Australian miner Oz Minerals (OZL-A) for A$2.6 billion (US$1.7 billion). Should it get 100% ownership, the Beijing-based company has also agreed to repay OZ Minerals' A$1.2 billion debt.

Bullboard Posts