Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: More copper M&A

https://www.mining.com/sibanye-stillwater-buys-nickel-copper-mines-in-brazil-for-1-billion/

Appian, which put the two assets up for sale earlier this year, said the process had been very competitive, triggering a bidding battle that included unnamed large miners  – as well as two carmakers.  

“They were actually bidding, which was fascinating. I think that is a story in itself,” Michael Scherb, founder and chief executive of Appian, told the Financial Times. “It shows upstream security of supply is a major concern for industrial players.” 

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