Copper explorer Metminco (ASX:MNC, LON:MNC) is on track to complete a mining study on its Los Calatos project in Peru this month.
The study will examine the feasibility of an operation to produce approximately 50,000tpa of copper metal in concentrate.
So far, the study has confirmed that the preferred mining methods will likely be a combination of open pit and underground mining at significantly higher copper cut-off grades than used previously.
On completion of the study, Metminco expects to start detailed in-fill drilling, metallurgical testwork and environmental baseline monitoring.
At Mollacas, in Chile, the dispute over land access has moved to the Supreme Court following the latest round of rulings by the Constitutional Court.
Metminco said it is now evaluating additional legal actions in parallel to seeking a negotiated settlement with the land owner for mining access to its 21 exploitation concessions.
*Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.* Reported by Proactive Investors 8 hours ago.
The study will examine the feasibility of an operation to produce approximately 50,000tpa of copper metal in concentrate.
So far, the study has confirmed that the preferred mining methods will likely be a combination of open pit and underground mining at significantly higher copper cut-off grades than used previously.
On completion of the study, Metminco expects to start detailed in-fill drilling, metallurgical testwork and environmental baseline monitoring.
At Mollacas, in Chile, the dispute over land access has moved to the Supreme Court following the latest round of rulings by the Constitutional Court.
Metminco said it is now evaluating additional legal actions in parallel to seeking a negotiated settlement with the land owner for mining access to its 21 exploitation concessions.
*Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.* Reported by Proactive Investors 8 hours ago.