Augusta Closing of $5 Million Private Placement

Augusta Resource Corporation announces the closing of a non-brokered private placement of 3.35 million units at a price of $1.50 per unit for gross proceeds of $5,025,000. The transaction is fully subscribed by Kestrel Holdings Ltd., a private company 100% held by Vancouver mining entrepreneur Ross Beaty. Each unit comprises one common share and one non-transferable share purchase warrant entitling... 

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Northern Peru Copper may develop Galeno as mine

Although Northern Peru Copper only announced Tuesday the results of its Preliminary Economic Assessment for the Galeno copper/gold/silver/moly project in Peru, the project has already captured the attention of international mining companies and metals analysts. The study, which was completed by Samuel Engineering Associate Raymond R. Hyyppa, P.E., revealed a considerable level of detail and data, which... 

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