Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
ALBUQUERQUE, NM–(Marketwire – June 3, 2008) – Santa Fe Gold Corp (OTCBB: SFEG), a U.S.-based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced that it had entered into a definitive agreement with St. Cloud Mining Company (“St. Cloud”), a New Mexico corporation, to purchase St. Cloud’s mineral processing equipment and real property situated adjacent to the company’s Banner Mill site located south of Lordsburg, New Mexico. The purchase price is $841,500. Closing of the transaction is targeted for June 30, 2008…more at marketwire