Metminco upgrades copper resource at Los Calatos by 350% to 926mt
Metminco (ASX, LON: MNC) have reported that following phase two drilling by Hampton Mining, resources at Hampton’s Los Calatos Project in Peru have increased by approximately 350% to 926 million...
View ArticleDaniel Stewart notes Metminco’s strong growth prospects
In an analyst note entitled “Copper-bottomed”, London-based stockbroker Daniel Stewart & Co said that Metminco (LON:MNC, ASX:MNC) provides investors with “an excellent opportunity” to get involved...
View ArticleMetminco raises stake in Hampton Mining to 72%
Metminco (ASX:MNC, LON:MNC) has completed the acquisition of 5,376,562 fully paid ordinary shares in Hampton Mining Limited, increasing its interest in Hampton from 69.4% to 71.9%. Consideration for...
View ArticleMetminco raises A$30m to accelerate Los Calatos copper exploration
Metminco (ASX:MNC, LON:MNC) will raise A$30 million through a placement of 150 million shares at A$0.20 per share, with BGF Equities acting as the lead manager.The placement, together with the...
View ArticleMetminco shares lifted by strong investor interest in Australia
Metminco (LON:MNC, ASX:MNC) shares have been trading strongly today, after an Australian tipster’s newsletter boosted investor interest on the ASX.Overnight Metminco shot up over 50% on the Australian...
View ArticleMetminco poised to accelerate exploration of Los Calatos after Hampton Mining...
Metminco (LON:MNC, ASX:MNC) said it can now accelerate exploration activity, after it agreed a deal to take full control of Hampton Mining and raised A$30 million in the third quarter. This morning the...
View ArticleMetminco completes Hampton Mining acquisition and A$30 mln placing
Metminco (LON:MNC, ASX:MNC) now has full control over Hampton Mining’s South American assets, thus paving the way to accelerate exploration at the Los Calatos copper project. The company told investors...
View ArticleMetminco appoints new MD and new Nomad
Metminco (LON:MNC, ASX:MNC) has announced the appointment of William Howe as managing director and of FTSE 100 specialist banking group Investec (LON:INVP) as nominated advisor and broker to the AIM...
View ArticleAn exciting year in store as a fully-funded Metminco embarks on an ambitious...
As announcements go it was fairly low key. But for Metminco the regulatory news release of December 6 heralded a new and exciting phase in the company’s development. We speak to director Bill Etheridge...
View ArticleMetminco starts 50,000m drilling programme at Los Calatos copper-moly project
Metminco (LON:MNC, ASX:MNC) announced that a 50,000 metre drilling programme is now underway at the Los Calatos copper-molybdenum project in southern Peru. The drilling programme is designed to infill...
View ArticleBroker Spotlight: Daniel Stewart & Co names ‘Top Picks’ for 2011
Many of us welcome January with nicotine patches, detox smoothies and fitness DVDs. On the stock market however it is a month of big predictions. Unlike many resolutions that are broken in matter of...
View ArticleMetminco to join Australia’s S&P/ASX 300 index
Metminco (LON:MNC, ASX:MNC) will join Australia’s S&P/ASX 300 index effective 18 March 2011, seeking “stronger institutional investment support and wider investor recognition for our six assets in...
View ArticleMetminco choice of new chairman applauded as Fillmore resigns
John Fillmore, the founding chairman of Metminco (LON:MNC, ASX:MNC), has resigned to devote more time to new mining exploration ventures and to focus on his growing Melbourne legal practice. He will be...
View ArticleMetminco’s Fillmore reflects on a year of substantial achievement
Metminco (LON:MNC, ASX:MNC) chairman John Fillmore said that 2010 was a year of substantial achievement, in which it has built on its decision to focus on South America. “During the year Metminco...
View ArticleMetminco is 'Elephant Hunting' says Investec, initiates coverage with a 'buy'
Metminco (LON:MNC) received a boost today as Investec started coverage of the miner with a buy recommendation and 31 pence a share price target - it currently trades at 24 pence. In a note entitled...
View ArticleMetminco announces landmark financing deals
The South America focused copper and gold explorer unveiled a fundraising in two separate transactions and revealed that Barrick Gold has surrendered the buyback rights to the company’s potentially...
View ArticleSinger Capital Markets gives Metminco seal of approval as broker starts...
Analyst Charlie Long at broker Singer Capital Markets reckons miner Metminco (LON:MNC, ASX:MNC) is a good prospect and recommends investors start building a position.The City broker, which recently...
View ArticleTim Read at Metminco says its copper project has the potential to be a “very...
Tim Read, Non Executive Director at Metminco (LON:MCN ASX:MCN) tells Proactive Investors that there’s little doubt that their main mine at Los Calatos is a very large and a very deep copper resource....
View ArticleMetminco share fall unreasonable - analyst
The election of left-wing Ollanta Humala as president in Peru has unreasonably spooked investors and brought miner Metminco's (LON:MNC, ASX:MNC)) share price down around 14 per cent since last Friday,...
View ArticleMetminco confirms that Los Calatos is a ‘classic major porphyry system’
The group acquired the project last year and it has quickly become its flagship asset. A 50,000 metre drill programme began in December 2010. Metminco has encountered significant intercepts of...
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