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Marimaca Copper Corp T.MARI

Alternate Symbol(s):  MARIF

Marimaca Copper Corp. is a Canada-based exploration and development company focused on base metal projects in Chile. The Company’s principal asset is the Marimaca Copper Project, located in the Antofagasta Region of northern Chile. The Marimaca Copper Project is situated at a low altitude in Chile’s Coastal Copper Belt, 25 kilometers (km) east of the port of Mejillones and 45 km north of Antofagasta, Marimaca has access to water and power, road and rail networks supplying sulphuric acid and other consumables, as well as deepwater ports. The Marimaca Copper Project comprises a set of concessions (the 1-23 Claims), properties 100% owned and optioned by the Company, combined with the adjacent La Atomica and Atahualpa claims, over which Marimaca Copper has the right to explore and exploit resources. The Company also has an option agreement to acquire the Pampa Medina project (Pampa Medina), which consists of four mining concessions totaling 144 hectares.


TSX:MARI - Post by User

Bullboard Posts
Comment by grossmrkupon Nov 19, 2014 7:46pm
106 Views
Post# 23145997

RE:Just can't keep copper down!

RE:Just can't keep copper down!

Copper price seen about $3.15/lb in 2015 or higher - Southern Copper exec

SHANGHAITue Nov 18, 2014 11:18pm EST

RELATED TOPICS

Nov 19 (Reuters) - Copper prices are seen trading about $3.15 a pound ($6,945 a tonne) in 2015 and could go higher, the president of Southern Copper Corporation, Oscar Gonzalez Rocha, said.

"With demand recovering in the U.S. and Europe, and Chinese copper consumption growth maintaining at current levels, we see 2015 copper prices at about $3.15 a pound with quite a lot of upside potential," Rocha told a Metal Bulletin copper conference in Shanghai.

LME copper traded at $6,647 at 0407 GMT. (Reporting by Fayen Wong; Writing by Melanie Burton in SYDNEY; Editing by Alan Raybould)

Bullboard Posts