Lundin Mining becomes majority owner of Caserones copper mine

The slate of inductees was the most diverse in the history of the Canadian Mining Hall of Fame dating back to its origins in 1989.

Over an estimated five-year life, the Hammerdown mine would produce a total of 247,000 oz. of gold, averaging 50,000 oz. annually.

Turquoise last week rejected an offer by Rio Tinto for $2.7 billion.

He formed Endeavour with Godfrey Walton in 2003 for the purpose of acquiring and developing silver-gold projects in Mexico.

The agreement includes the production ramp-up of cathode materials.

The Horne smelter is the only copper smelter still operating in Canada.

The company also expects trading to be halted on the Lima Stock Exchange, OTCQX and the Frankfurt Stock Exchange, and that its common shares may be delisted.

In its Q2 report, the Canadian miner said the halt followed continued operational performance issues due to low productivity rates and equipment and operator availability from the mining contractor.

The project will develop updated interpretations for the bedrock geology of the central Quesnel terrane.