CuDeco
Stock Code
Stock Exchange
CuDeco (CDU) is a specialist mineral explorer included in ASX S&P300 index. CuDeco was listed on the ASX on August 2, 1971. In late 2005 CDU completed the purchase of a mining tenement EPM 13049, covering an area of around 2200 hectares. The EPM comprises a number of old historical copper mines, with premium quality copper ore being produced from these mines during the past century. CuDeco’s focus has been on proving up this high quality copper/Cobalt and Gold resource tenement which is now called Rocklands.
Copper miner, CuDeco (ASX:CDU) has announced that it has raised $20 million in capital, from placing 10 million shares at $2 per share, to fund development of its Rocklands copper project. The investor is now holding 6.84 percent of Cudeco, and its identity is still a secret, but will be revealed in the coming days.
Learn the dividend history for CUDECO LIMITED. Dividends are a payment declared by a company's board of directors and given to its shareholders from the company's current or retained earnings. Dividends are usually released as cash (cash dividend). Dividends provide an incentive to own shares in the company. Companies are not required to pay dividends. You are eligible to receive CDU dividends if you own the CUDECO LIMITED shares on the ex-dividend date.
St Barbara (SBM), a company that operates in the gold production and mineral exploration industry with main focus on mining and selling of gold, investments, mineral exploration and exploitation in Australia was the best performer of the week in ASX200 with a gain of 25.4 percent closing the week at 37 cents (market capitalisation $722.5 million). The company traded its stocks for 30 cents last week.
Shares in CuDeco surged after drilling results confirmed an 850-metre long mineralised zone
Shareholders in Australian Mining Investments (AUM) last week approved a name change to CuDeco (CDU)
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