Date: 4 June 2010
Project: Mountain of Light
Organisation: Phoenix Copper
ASX: PNX
Highlight: Acquires Copper producing asset.
Best contact person for project work: Paul J Dowd - 08 8364 3188
Phoenix Copper has acquired the Mountain of Light copper mine from Leigh Creek Copper Mining Pty Ltd. This purchase transforms the company from a mineral exploration firm to a cash flow positive mining company with an operational asset and a pipeline of future projects.
The mine is fully operational; however Phoenix Copper may be looking to seek out new suppliers of services and equipment in their efforts to make the operation more efficient and profitable. This provides an opportunity for alternative suppliers.
This project is an opportunity for firms providing
• Equipment supply
• Site services
• Mining contractors
For more information visit:
www.phoenixcopper.com.au/
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