EMED Mining recently provided an update for its Rio Tinto copper project in Spain.
“We recently had a series of meetings between our board of directors and the representatives of the Andalucian Government who oversee the regulatory process for our Rio Tinto Copper Project,” said Harry Anagnostaras-Adams, managing director and CEO for EMED Mining. “We are pleased to have satisfactorily discussed the proposed conditions of approval and the process for formalizing permission to start the project works. It seems that all key stakeholders are working to allow works to be triggered in the second half of 2013.”
EMED maintains the target date of the end of 2015 for establishing initial base case production of 37,000 metric tons per year (mt/y) copper-in-concentrate, with construction starting during the second half of 2013 and production beginning in the second half of 2014.