Lates News

On September 17, Australian metal exploration and development company, Orion Minerals, announced that it has signed a non-binding term sheet with a wholly-owned subsidiary of Jiangxi Copper Group to provide funding support of $200 million to $250 million for its Prieska project. The company stated that the agreement includes a off-take agreement signed with Jiangxi Copper, which will purchase 100% of the zinc concentrate, copper concentrate, and other products produced by the mine over a period of 5 to 10 years.