The funds will be directed towards drilling, exploration, technical studies and further development of the Cactus copper project in Arizona, US.

Arizona Sonoran Copper's shares rallied after the copper explorer agreed to a 19.9 million Canadian dollars (US$13.9 million) investment from Hudbay Minerals that will help advance a copper project in ...

Hudbay Minerals will boost its stake in copper explorer Arizona Sonoran Copper with a 19.9 million Canadian dollars ($13.9 million) investment that will help advance a copper project in Arizona.

Hudbay Minerals (TSX, NYSE: HBM) has upped its stake in Arizona Sonoran Copper Company (TSX: ASCU) with the purchase of approximately 11.85 million shares under a private placement. Arizona ...