trending Market Intelligence /marketintelligence/en/news-insights/trending/-iUZKROCQotLK5gAWqyBAA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Quaterra sells certain MacArthur copper mine water rights for US$1.9M

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020


Quaterra sells certain MacArthur copper mine water rights for US$1.9M

Quaterra Resources Inc. said Dec. 19 that its subsidiary Singatse Peak Services LLC intends to sell certain primary ground water rights associated with its MacArthur copper property in Yerington, Nev., to Desert Pearl Farms LLC and Desert Hills Dairy LLC for US$1.9 million.

Proceeds from the sale are earmarked for the MacArthur copper project, for assessing exploration opportunities and for general corporate purposes.

Under the purchase and sale agreements Quaterra struck with the buyers, the latter will deposit an initial earnest money into escrow, and the balance of funds will be paid upon the closing of the transaction.

The sale is set to close when the State of Nevada Division of Water Resources approves an application to change the manner of use of the water rights to agriculture and commercial, from mining and milling, as well as the transferring of title to the buyers.

Singatse will retain about 6,000 acre-feet annually of primary ground water permitted for mining on its property.

The sale of water rights is non-dilutive to shareholders.