Articles for tag: Copper, feasibility, Freeport, partners, project, Resources, seeks, study, Yandera

March 20, 2024

Ron Finklestien

mining

Exploring Partnerships: Freeport Resources and the Yandera Copper Project Feasibility Study

Abundant Resources Unveiled In a revelation akin to striking copper, the NI 43-101 report conducted by SRK Consulting in late 2016 for Era Resources highlighted measured and indicated resources at a staggering 728.6 million tonnes with a composition of 0.33% copper, 0.01% molybdenum, and 0.10 ppm gold. This treasure trove translates to a hefty 6.2 million lb. of copper equivalent. To add to the bounty, an inferred resource of 230.6 million tonnes rich in copper, molybdenum, and gold was also uncovered. An Intriguing History Unearthed The Yandera project’s roots delve deep into the annals of the late 1960s and 1970s,

January 30, 2024

Ron Finklestien

mining

Lumina Gold’s Ambitious Feasibility Study in Ecuador Lumina Gold’s Ambitious Feasibility Study in Ecuador

Just last year, Lumina Gold published the prefeasibility study for Cangrejos, located in the southwest of Ecuador. This study revealed an initial capex of $925 million, with an anticipated average gold equivalent production of 469,000 ounces over a 26-year mine life. The proposed processing plant for the mine, which is also Ecuador’s largest primarily gold, involves a conventional copper-gold flotation concentrator and hybrid leach-carbon-in-leach circuit (L/CIL). Ecuador is known for its abundant mineral reserves but has historically trailed behind its regional counterparts, such as Peru and Chile, in terms of large-scale mining development. Notably, the Constitutional Court played a crucial