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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Abacus Mining and Exploration Corp (PK) | USOTC:ABCFF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0052 | -20.00% | 0.0208 | 0.0208 | 0.0298 | 0.0225 | 0.0208 | 0.02235 | 23,455 | 21:02:44 |
From Jun 2019 to Jun 2024
Polish copper miner KGHM Polska Miedz SA (KGH.WA) has exercised an option to increase its stake in Canadian joint venture KGHM Ajax Mining Inc., a planned copper and gold mine, to 80% from 51%, the company said in a statement Monday.
KGHM said it paid joint-venture partner Abacus Mining & Exploration Corp. (AME.V) $29.9 million to increase its stake.
By exercising the option, KGHM has committed itself to organizing the project's financing, which is $795 million according to a bank feasibility study published in December.
The planned mine, located near the city of Kamloops in British Columbia, is expected to start production in 2015.
-By Marynia Kruk, Dow Jones Newswires; +48 22 447-2431; marynia.kruk@dowjones.com
1 Year Abacus Mining and Explor... (PK) Chart |
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