Colonial Coal says projects unaffected by Sukunka EA

Colonial Coal (TSX.V: CAD)

Following the slide in the company’s share price following the decision by B.C environmental authorities to decline the AE for  Glencore’s Sukunka project, Colonial Coal have issued a clarifying news release.

The Sukunka decision has no effect on CAD’s B.C. projects.  Continue reading

Cyprium Metals Secures a AUD50M Offtake Facility

Cyprium Metals (ASX: CYM)

Announced that it has entered into an exclusive Letter of Intent with Glencore for AUD$50 million in respect of a Copper Cathode Offtake Secured Prepayment Facility which will be used for funding the Nifty Copper, as part of the debt financing for the restart of the Nifty Copper Project, which includes capital expenditure, contingencies, working capital, and financing costs.  […]  Continue reading