CAPITAL MARKETS

Avanco increases Brazilian footprint

INVESTORS have welcomed the news that Swiss major Xstrata is set become Avanco Resources’ largest shareholder under a deal which will see Avanco acquire the Pedra Branca project in Carajas in Brazil.

MiningNews.Net
Avanco increases Brazilian footprint

Avanco said due diligence on the project confirmed it hosted a substantial copper-gold mineral resource which would double the company’s global Carajas copper-gold resources. Under the deal, Xstrata...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
MORE ON THIS TOPIC

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.