According to the company, the copper-gold skarn mineralization at its Sombrero project has geological similarities to Glencore’s Tintaya mine and MMG’s Las Bambas mine.
Pancon revealed that its objective for the initial phase of Montcalm’s program is to drill at least 4,500 metres to test a series of new conductor targets identified in 2018.
Government has delayed the release of provisional results from last week’s presidential election as criticism of the country’s handling of the vote grew.
As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.
Konkola Copper Mines (KCM), majority owned by Vedanta, suspended operations at its Nchanga mine following the introduction of an import duty on copper concentrates, the company said.
