The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.
With Q4 production of 45,800 ounces at its Mulatos mine brought annual gold production down well below expectations expressed earlier in the year. CEO says year was ‘challenging' for Mulatos.
The cash and stock deal will provide the Canadian miner with access to a major copper deposit in Peru BANGALORE (Reuters) - Canada's HudBay Minerals Inc (HBM.TO: Quote) agreed to buy Norsemont Mining Inc (NOM.TO: Quote) to gain access to a major copper