trending Market Intelligence /marketintelligence/en/news-insights/trending/Xrlqw5r7HWviTSo9avtr_g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Latin Resources nixes planned JV on Chilean copper project on funding woes

Blog

Essential Metals & Mining Insights – February 2021

Blog

Top electric vehicle markets dominate lithium-ion battery capacity growth

Blog

Message in a (Word)Cloud

Blog

Essential Metals & Mining Insights - January 2021


Latin Resources nixes planned JV on Chilean copper project on funding woes

Latin ResourcesLtd. said March 30 that it is canceling a joint venture agreement withMinera Activa on the Filipina copper project in Chile.

The parties signeda binding term sheet in November 2015, with an aim to enter a joint venture on theproject.

However, due to the rapidly falling copper prices and sluggishdemand, financial institutions and funds the company approached showed little orno interest in funding the project.

The project hosts an existing NI 43-101-compliant resource of9.3 million tonnes grading 0.80% copper and 0.23 g/t of gold.