Update: Redhawk Resources Announces Joint Venture With Anglo American
The Investment Doctor • Tue, Aug. 12
- Redhawk Copper announces an agreement with Anglo American whereby Anglo has to spend $44M to earn a 60% interest in the property.
- This is a very surprising event and could be a game changer for Redhawk Copper, as I doubted its ability to go ahead with the project by itself.
- Anglo American has a very smart technical team and they must see the potential to either improve the economics or increase the mine life.