Canadian-based Latin Metals has confirmed its acquisition of the 68,000-hectare Terraza copper project in the Juyay province of Argentina. Latin Metals’ is a first mover in exploring sediment-hosted copper deposits in this emerging belt and, with this acquisition, increases its ground holding to more than 500,000 hectares. “Latin Metals’ exploration efforts in northwest Argentina are focused on understanding and unlocking…
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Rio Tinto, First Quantum team up to advance La Granja
Rio Tinto has inked a joint venture agreement to progress development of one of the world’s largest undeveloped copper deposits, the La Granja copper project in Peru. Under the proposed transaction, First Quantum will acquire a 55% stake in the project for $105 million. It will also further invest up to $546 million into the JV for capital and operational…
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