Commissioning kicks off at Capstone’s Mantoverde

Canadian copper-focused developer Capstone Copper has confirmed the start of commissioning activities at its Mantoverde development project (MDP) in Chile. First ore was introduced to the primary crusher on 29 November. Mantoverde said it will continue to systematically commission the concentrator plant and is on track to reach nameplate production levels of 32,000 tonnes per day by mid-2024. “We just…

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Ausenco sold to Eldridge, Brightstar, Claure Group

A trio of companies including Eldridge, Brightstar Capital Partners and the Claure Group have inked a definitive agreement to acquire a majority stake in Australian-headquartered engineering firm Ausenco from Resource Capital Fund and other investors. No financial terms have been disclosed. Ausenco said its co-founder Zimi Meka will remain CEO, board member and investor in Ausenco. Mike Burke, former chairman…

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