International news within the industry of mining and metal, May, 22 2019
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U.S. miner secures $115M for copper investment

Photo: Nevada Copper
Photo: Nevada Copper
Published by
Jaroslaw Adamowski - 13 May 2019

U.S. Nevada Copper has signed a credit agree-ment with KfW Ipex Bank to secure some $115 million in funds for the company’s Pumpkin Hollow copper project, located in the U.S. state of Nevada.

 

Nevada Copper says that Pumpkin Hollow is “the only major, shovel-ready and fully-permitted copper project in North America that is cur-rently under construction”, and it “has substantial reserves and re-sources including copper, gold and silver.”

 

Pumpkin Hollow’s two projects include the high-grade Underground Project which is in construction with a possibility to launch copper production in the fourth quarter of 2019, and the Open Pit copper de-posit, according to data from Nevada Copper