Norsemont Buys Land, Hires Bank

Canada’s Norsemont Mining says it has acquired some 1,443 hectares of land in Peru which will become part of its 4,000-hectare copper, silver and molybdenum Constancia project. It did not disclose how much it is paying for the land. The miner also says it has hired London-based Cutfield Freeman as financial advisor to work alongside Paradigm Capital, hired in December, to evaluate expressions of interest to acquire the company.