Loading ...Canadian miners Goldcorp (TSX:G), (NYSE:GG) and Teck Resources (TSX:TCK.A & TCK.B) (NYSE:TCK) are moving ahead with their new $3.5 billion mine in Chile’s Atacama region, with a pre-feasibility study expected to be ready by the second half of 2017.
The 50/50 joint venture, expected to be one of the largest copper-gold-molybdenum mines ever-developed in Latin America, will now be known as NuevaUnion (meaning new union), to symbolize the merger of their two projects in the region, El Morro and Relincho, announced last year.
The miners are currently working on several scenarios and development plans to complete a pre-feasibility study, they said in an e-mailed statement. They also plan to begin working on the environmental and social aspects of the project in the second half of this year, they noted.
cont. http://www.mining.com/goldcorp-teck-plow-ahead-new-3-5bn-mine-chile/