Western Copper (TSE:WRN) has released an update.
Western Copper and Gold Corporation has successfully completed a private placement with Rio Tinto, enabling the mining giant to maintain its 9.7% stake in the company by acquiring additional shares. This strategic financial move supports Western Copper and Gold’s development of the Casino Project, poised to become Canada’s leading copper-gold mine. The company emphasizes its commitment to responsible mining practices in collaboration with local communities and First Nations.
For further insights into TSE:WRN stock, check out TipRanks’ Stock Analysis page.
