BUZZ-Australia's Diablo Resources jumps on Horn Silver project acquisition

Freeport-McMoRan, Inc.
Powershares Db Multi-Sector Commodi Powershares Db Oil Fund

Freeport-McMoRan, Inc.

FCX

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Powershares Db Multi-Sector Commodi Powershares Db Oil Fund

DBO

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** Shares of Diablo Resources DBO.AX rise as much as 7.7% to A$0.014, set for best day since May 26 if current gains hold

** Mineral explorer says shareholders approve the 80% acquisition of high-grade Horn Silver project in Utah

** Co will buy an 80% stake in Antler Resources LLC, which holds an exclusive option over 101 patented claims and directly owns 100 unpatented claims comprising the Horn Silver Project

** About 1.7 million shares change hands, 1.6x times the 30-day avg

** Stock down ~46% YTD, including the session's moves


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