Sierra to increase stake in Arizona copper mine

Sierra Resource Group Inc. has signed a letter of intent to buy half of Medina Property Group LLC’s minority interest in the Chloride Copper Mine deposit in Arizona.

"We believe that this is a unique opportunity for our company to increase its ownership in the Copper Chloride Mine at a fair price based on a discount to future cash...


March 16, 2012

01:26 GMT

New York