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Pin to quick picksPhoenix Copper. Share News (PXC)

Share Price Information for Phoenix Copper. (PXC)

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Share Price: 11.125
Bid: 11.00
Ask: 11.25
Change: 0.375 (3.49%)
Spread: 0.25 (2.273%)
Open: 10.75
High: 11.125
Low: 10.75
Prev. Close: 10.75
PXC Live PriceLast checked at -

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IN BRIEF: Phoenix Copper awards contracts for 2021 drilling programs

Wed, 07th Apr 2021 16:24

Phoenix Copper Ltd - North American focused base and precious metals producer - Says it has awarded Alford Drilling with the contracts for its 2021 Navarre Creek reverse circulation and the Red Star and Horseshoe diamond core drilling programmes. In addition, Phoenix said it awarded Drillrite LLC with the contracts for its 2021 Empire deep sulphide drilling and for the drilling and construction of hydrological monitoring wells.

Current stock price: 34.45 pence, up 1.3% on Wednesday

Year-to-date change: down 12%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Mar 2024 16:49

IN BRIEF: Phoenix Copper buys pre-owned ball mills for USD1.1 million

Phoenix Copper Ltd - London-based mining company with projects in Sweden, Finland and Kosovo - Says it has finalised the purchase of two pre-owned ball mills for its Empire project in Idaho, US. The equipment, which cost a total of USD1.1 million, is expected to be transported to Idaho in the summer. It was bought at a USD6 million to USD7 million discount.

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4 Mar 2024 14:29

TRADING UPDATES: Beowulf ups Vardar stake; Impellam buyout nears

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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19 Feb 2024 15:43

Phoenix Copper agrees equipment purchase, loan refinancing

(Sharecast News) - Phoenix Copper updated the market on the acquisition of equipment for its Empire open-pit mine in Idaho on Monday, along with the refinancing of its short-term loan facility.

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31 Jan 2024 21:42

EARNINGS AND TRADING: Asia Strategic loss narrows; Verici Dx grant win

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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26 Jan 2024 12:35

IN BRIEF: Phoenix down after successful GBP2.7 million equity raise

Phoenix Copper Ltd - Base and precious metals explorer developing Empire open-pit copper and silver project in US state of Idaho - Raises GBP2.7 million via the placing of 14.1 million shares and a subscription of 9.0 million shares, both at an issue price of 11.5p each. In addition, the company is providing retail investors the chance to subscribe for up to 1.7 million offer shares at the issue price to raise a further GBP200,000. The retail offer closes January 31. On Friday morning, Phoenix announced its intention to raise approximately GBP2.4 million through the issue of new shares and the retail offer. The placing was run as an accelerated bookbuild by brokers Panmure Gordon (UK) Ltd and WH Ireland Ltd as joint bookrunners.

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26 Jan 2024 09:53

IN BRIEF: Phoenix Copper seeks to raise up to GBP2.4 million in equity

Phoenix Copper Ltd - developing Empire open-pit copper and silver project in US state of Idaho - Launches share offer to raise up to GBP2.4 million to buy mining and processing equipment. The offer is priced at 11.5 pence per share and will consist of a GBP1.2 million placing, a GBP1.0 million direct subscription, and up to GBP200,000 from a retail offer. The placing will be run as an accelerated bookbuild by brokers Panmure Gordon (UK) Ltd and WH Ireland Ltd as joint bookrunners. Phoenix says the mine equipment is available at a potential "substantial discount" to new value. The company also says it remains in advanced discussions with bond investors for a proposed corporate copper bond to finance construction of the Empire mine.

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18 Jan 2024 14:22

Phoenix Copper down as Empire mine feasibility study nears completion

(Alliance News) - Phoenix Copper Ltd on Thursday said that the study will be a "significant milestone" for the company, which will push the under-explored project towards completion.

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5 Jan 2024 12:11

Phoenix Copper progressing finance arrangements for Empire Mine

(Sharecast News) - Phoenix Copper updated the market on its corporate copper bond financing and short-term loan facility on Friday.

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5 Jan 2024 10:18

Phoenix Copper reaches final stage in bond issue to fund Empire mine

(Alliance News) - Phoenix Copper Ltd on Friday said that it is at "advanced stage" negotiations with investors for the proposed copper bond financing of its Empire mine project.

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11 Dec 2023 14:36

IN BRIEF: Phoenix Copper extends USD2.0 million facility to new year

Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Extends initial term of short-term USD2.0 million three-month loan facility, first announced in late March before being extended in June by three months and November by two weeks to Friday last week, to a new expiry date of January 2. Says it has requested this to allow further time to conclude ongoing discussions with various investors regarding its proposed corporate copper bond issue. Says: "Although there can be no certainty until the bonds have been issued and settled, the company confirms that these discussions are at an advanced stage and the directors remain confident that the bond issue will close, thus allowing the company to have access to the relevant construction funding when required." Also notes that while the loan facility can be extended until March 31, the unnamed lender is not entitled to convert principal or other amounts into Phoenix Copper shares while the loan remains within the initial term.

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20 Nov 2023 17:58

TRADING UPDATES: Begbies to meet expectations; McBride shines

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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24 Oct 2023 14:40

EARNINGS AND TRADING: Cambridge Cognition launches AQUA solution

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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24 Oct 2023 13:21

Phoenix Copper expands Navarre Creek claims as it assesses drilling

(Sharecast News) - Phoenix Copper updated the market on its 2023 Navarre Creek exploratory drilling programme in Idaho on Tuesday, as it assessed and analysed assay results from 28 reverse circulation (RC) drill holes.

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28 Sep 2023 18:29

EARNINGS: Cizzle Biotechnology loss widens as admin costs mount

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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4 Sep 2023 13:30

IN BRIEF: Phoenix Copper notes metallurgical potential at Empire

Phoenix Copper Ltd - Base and precious metals explorer in the US state of Idaho - Says metallurgical test work at Empire mine shows possible "robust" copper, gold and silver recoveries. Says the test was completed by Forte Dynamics, which consisted of flotation processes as well as sulphuric acid leaching. Adds Navarre Creek drilling campaign is underway, with a total of 9.825 feet drilled so far.

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