Vancouver based Quadra Mining has released a scoping study on its Sierra Gorda project in Chile’s region II outlining a 25 year life in which it would produce on average 306 Mlb per year copper, 16 Mlb per year molybdenum and 36,000 oz per year gold for a startup CAPEX of USD 1.66 billion and [...]
BNamericas quoted Mr Paul Blythe CEO of Vancouver based Quadra Mining declared that it expects its Franke copper mine in Chile’s region II to commence producing in Q3. For full story, click here
Quadra Mining, which purchased Centenario Copper earlier last month, is considering a range of transactions to help push output up to the company’s 500-million pound a year goal. For full story, click here
Shareholders in TSX-listed Centenario Copper voted in favour of a plan for copper-producer Quadra Mining to purchase all the company’s shares. For full story, click here
Quadra Mining Ltd. and Centenario Copper Corporation declared a receipt of a signed committment letter for $US37.5 million from West LB in connection with a syndicated US$50 million project loan facility to finance the development of Centenario’s Franke Mine. For full story, click here
Centenario and Quadra management have established a joint technical committee that will review all aspects of the Franke project which may result in modifications to the technical information contained herein. For full story, click here
UBS downgraded Quadra Mining to “sell” from “neutral” after it posted a lower Q3 profit as weaker copper prices reduced revenue and prompted it to stop two development projects and suspend output forecasts beyond this year. For full story, click here
Falling prices of metals dragged down revenue and profit at Quadra Mining Ltd. during Q3, offsetting higher output of copper compared with the same period of 2007. For full story, click here For company’s website, click here
Copper miner Quadra Mining Ltd. is likely to fall, bids indicated, after its stock was downgraded at UBS AG. For full story, click here For company’s website, click here
Tuesday, July 28, 2009