Celesta copper project enters production

Mining and processing has started at the Celesta copper project, located near the town of Curionópolis, in northern Brazil, with first concentrates due to be shipped in early August, reports TSX-listed Lara Exploration. Lara owns a 2% net smelter returns royalty on the project and a 5% carried (to production) equity interest in the operating company Celesta Mineração, which is jointly operated by partners Tessarema Resources (with 40% interest), and North Extração de Minério (with 55% interest).