trending Market Intelligence /marketintelligence/en/news-insights/trending/1hfmyzccvuing050ovysba2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Highland Copper, Copper Range extend anew White Pine deal completion

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

Highland Copper, Copper Range extend anew White Pine deal completion

Highland Copper Co. Inc. and Copper Range Co. agreed once again to extend the deadline for the former to complete its previously announced acquisition of the White Pine copper-silver project in Michigan to Nov. 30.

According to an Aug. 31 release, final closing is subject to the release of certain environmental obligations associated with the remediation and closure plan of the historical White Pine mine site, as well as the replacement of a related environmental bond posted by Copper Range.

Highland Copper said it is now in discussions with the Michigan Department of Environmental Quality to finalize the documentation required for the transfer of the environmental obligations, and the form of financial assurance required pursuant to the Natural Resources and Environmental Protection Act.

The two companies have repeatedly extended the period to close the deal, which was signed in 2014.