China Sci-Tech to buy Chariot Resources for C$244,5m

China Sci-Tech Holdings has agreed to buy TSX-listed Chariot Resources for C$0,67 a share, or a total of C$244,5-million, the Canadian firm announced on Monday. The news represents the latest in a list of both public and private-owned Asian...

Chariot sales process 'in full swing'

Chariot Resources' plan to sell itself is “in full swing”, CEO Ulli Rath said on a conference call on Wednesday. The company has signed confidentiality agreements with a number of interested parties and expects to have come to the end of the...

Chariot Resources says signed CAs with potential buyers

TSX-listed Chariot Resources has signed confidentiality agreements with potential buyers, which have been provided access to data and offered the opportunity to visit the company's flagship Mina Justa copper project, in Peru. However, the firm...

Chariot Resources will raise C$10,7m for Peru project

Toronto-based Chariot Resources has agreed to sell 35,7-million shares for a total of C$10,7-million to Solway Finance, and will use the proceeds to fund its share of expenditure at the Mina Justa copper project, in Peru, over the next year or...

Chariot Resources to meet Peru officials on enviro, social study for Mina Justa

Toronto-based Chariot Resources has “essentially completed” an environmental and social impact assessment (ESIA) for its Mina Justa copper project, in Peru, the firm reported on Tuesday. CEO Ulli Rath and a delegation from Marcobre SAC,...

Chariot board reelected, may seek buyer 'sooner than later'

Shareholders in copper junior Chariot Resources on Friday morning reelected the company's incumbent board of directors, rejecting a rival slate of nominees proposed by shareholders Lukas Lundin and Brian Edgar. Shares in the firm slid 15% on...

Glass Lewis backs Chariot directors in proxy fight

Independent advisory firm Glass, Lewis & Co has advised shareholders in Chariot Resources to vote for the re-election of the current board of directors, and reject the slate nominated by dissident shareholders Lukas Lundin and Brian Edgar....

Chariot now expects Mina Justa feasibility study in Q1 '09

TSX-listed copper hopeful Chariot Resources expects to publish a feasibility study for its Mina Justa project, in Peru, during the first three months of next year, president and CEO Ulli Rath said on Tuesday. The study has been delayed several...

Chariot reassures investors, despite delayed study for Peru copper project

TSX-listed copper hopeful Chariot Resources on Thursday sought to allay shareholder concerns amid turbulence in global equity markets, arguing that the company's financial position remained strong, and that progress was being made on its flagship...

Chariot updates Mina Justa resource model

Toronto-based Chariot Resources has published an updated resource model for its Mina Justa project, in Peru, comprising measured and indicated resources of 5,57-billion pounds of copper at a 0,3% total copper cut-off, and inferred resources of...

Chariot Resources on track for Peru feasibility study, despite 'modest' delay

Toronto-based Chariot Resources may need a little extra time to complete a feasibility study on its 70%-owned Mina Justa project, in Peru, after “modest” delays in completing an updated mine plan. However, all other key elements of the...

Feasibility study by midyear on big Peru copper prospect

Toronto-based exploration and development company Chariot Resources expects to complete a definitive feasibility study (DFS) on its Mina Justa project, in Peru, during the second quarter of this year.