According to the company, initial planning for the resumption of operations at Ravensthorpe has begun.
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The project is on track to deliver between 140,000 and 175,000 tonnes in 2019.
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The move comes after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.
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The Canadian miner plans to expand Cobre Panama, located about 120 km west of Panama City, and 20 km from the Atlantic coast, from 85 million tonnes per year to 100Mtpy beginning in 2023.
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Company has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.
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Researchers are studying the unusual Las Cruces deposit in southwestern Spain.
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The Canadian miner planned to lay off 2,500 workers due to higher mining taxes in the country, but has now decided to continue dialogue with the government over the issue.
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The Canadian miner miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.
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Industrial metal prices tumble as President Xi’s defiant speech intensifies trade war fears, offer little on economic stimulus or market reforms.
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