China copper smelters bracing for shortage of vital scrap metal
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
In the wake of a $15 million financing, CuOro Resources (TSX-V: CUA) is expanding what was already an ambitious start to its first drill program in Colombia.
Since closing its qualifying transaction – options on two groups of Colombian minerals concessions – and joining active trading on the TSX-Venture board, CuOro has quickly raised cash, first through a $10 million financing announced in February, then through the latest $15 million financing, which brought its working capital to $30 million.
