The 7,000-hectare Birch project is one of the company’s 17 properties across 42,500 hectares in Canada's Yukon Territory.
Committee of Ministers said it unanimously rejected the $2.5 billion project in agreement with citizen concerns over biodiversity impacts and worries about potential spills.
Reuters | January 8, 2025 | 3:11 pm
The $2.7 billion capex project contains 4.2 billion lb. copper, 74.6 million lb. of molybdenum and 15.5 million oz. of silver.
The Chilean state miner plans to raise about $1.5 billion to help fund investments needed to retain its status as the world’s biggest copper producer.
