Phoenix Copper Ltd. (GB:PXC) has released an update.
Phoenix Copper Ltd. reports a year-end for 2023 with a slight profit of $0.51 million, despite a recurring group loss of $1.57 million and a marginal dip in net assets to $37.19 million. The company, focused on base and precious metals production and exploration in the US, highlights substantial investment in the Empire Mine and a fully subscribed corporate copper bond issue anticipated to fund production. The AGM is scheduled for 29 May 2024, with anticipation for rising copper prices and a favorable mining environment in Idaho.
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