Anglo American has sealed agreements to sell two royalties to Taurus Funds Management for a maximum cash consideration of $195m.
Anglo American Announces $195-Million Sale of Onslow & Caspiche Royalties
Main Facts About the Copper Market as Prices Hit Record Highs (Reuters)
Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal.
Below are the main facts about the copper market, sourced from the International Copper Study Group (ICSG), the International Copper Association (ICA), and Reuters data.
Barrick Acquires 25% of Cerro Casale at $1.9-Billion Asset Valuation
TORONTO, March 31, 2010 — Barrick Gold Corporation (NYSE: ABX)(TSX: ABX) announced today that its acquisition of an additional 25% interest in the Cerro Casale Project in Chile from Kinross Gold for $474-million.