https://newsletter.mw.creamermedia.com
Copper|PROJECT|Resources|Underground|Operations
Copper|PROJECT|Resources|Underground|Operations
copper|project|resources|underground|operations

Los Andes inks $20m royalty deal with Ecora

26th July 2023

By: Creamer Media Reporter

     

Font size: - +

TSX-V-listed Los Andes Copper has entered into a royalty agreement with Ecora Resources for $20-million for the sale of all minerals produced from the Vizcachitas project, in Chile.

Ecora will receive royalty payments calculated as 0.25% net smelter royalty (NSR) on minerals sold on openpit operations and 0.125% NSR on underground operations. 

The royalty agreement is in addition to the existing NSRs in place on the project, consisting of a 2% NSR for openpit operations and a 1% NSR on underground operations. The transaction is expected to close in the next two weeks.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.08 0.156s - 127pq - 2rq
Subscribe Now