Celsius Resources Ltd
Celsius Resources Confirms Stronger Economics in MCB Copper-Gold Project DFS
Celsius Resources (ASX: CLA) has delivered a definitive feasibility study confirming improved technical and economic outcomes for its Maalinao-Caigutan-Biyog copper-gold project in the Philippines.
Silvercorp Metals targets Philippines copper with Celsius Resources merger move
Canadian precious metals miner Silvercorp Metals (TSX: SVM, NYSE: SVM) has launched an approximately $56 million merger bid for Philippines copper mine developer Celsius Resources (ASX: CLA, AIM: CLA). The pair have entered into a non-binding term sheet and a binding subscription agreement which will see the Canadian-based mining company acquire all outstanding Celsius shares […]
Debt warning for small resource stocks as a rate squeeze worsens
Investors should take note of the red debt-flag flying over the resources sector with smaller companies at greatest risk, as the toxic mix of interest rate hikes and commodity price falls take effect. Rising interest rates impact everyone, but with mining there is a problem in trying to align erratic (commodity exposed) income with fixed […]
Celsius Resources diversifies into copper-gold in the Philippines
Celsius Resources (ASX: CLA) is acquiring a suite of copper-gold projects in the Central Cordilla region of the Philippines including an advanced high-grade copper deposit that revealed wide mineralised zones when drilled by a previous owner. The company said recent changes to legislation and governance in the Philippines is now making the country an attractive […]