Newcrest expands footprint in Chile with two gold deals
The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources’ Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile.
The renewal would allow Freeport to begin work on a definitive feasibility study for what it calls one of the world's largest undeveloped copper resources.
Ongoing blockades have prevented the miner from receiving the supplies necessary to fulfill Cobre Panamá’s environmental stability and asset integrity measures.