The plant is expected to produce up to 15,000 tonnes of lithium concentrate (spodumene) per year from samples taken at the PAK deposit, located in Canada's northwestern Ontario.
The Canadian miner plans to expand Cobre Panama, located about 120 km west of Panama City, and 20 km from the Atlantic coast, from 85 million tonnes per year to 100Mtpy beginning in 2023.
There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the capital needed to sustain their businesses?