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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

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Post by grossmrkupon Mar 19, 2017 8:09pm
124 Views
Post# 26000251

Doesn't sound like a deal is coming any time soon

Doesn't sound like a deal is coming any time soon Reuters MenuSearch Edition: United States TOP NEWS BUSINESS MARKETS WORLD POLITICS TECHNOLOGY COMMENTARY BREAKINGVIEWS MONEY LIFE PICTURES VIDEO TOP NEWS Sun Mar 19, 2017 | 5:13 PM EDT Union at Chile's Escondida slams new offer from management X By Felipe Iturrieta | SANTIAGO, MARCH 19 The labor union at the world's largest copper mine, BHP Billiton's Escondida in Chile, called a fresh offer of talks by management to end a 39-day strike "manipulative." The union told Reuters on Sunday that it will decide whether to attend a meeting with the company after holding two assemblies for its 2,500 members on Sunday and early on Monday. The company has proposed talks for Monday afternoon. ADVERTISEMENT Escondida said on Friday that it had agreed to meet with the union and was offering better salaries, bonuses and benefits in response to workers' three main demands. "We're sorry to say that all of that is just manipulation and deceit," the union told its members in a statement late on Saturday about the new proposal to end the strike, which has put pressure on global copper prices. The union wants Escondida not to trim benefits in its existing contract, not to make shift patterns more taxing, and to offer the same benefits to new workers as existing ones. BHP, which owns a 57.5 percent stake in the mine, did not immediately respond to requests for comment. (Reporting By Felipe Iturrieta; Writing by Mitra Taj; Editing by Sandra Maler) X NEXT IN TOP NEWS Somali security forces that freed pirated ship say NATO must do more TRENDING STORIES 1 Germany rejects Trump's claim it owes NATO and U.S. 'vast sums' for defense 2 Pressure builds on Trump to back off wiretap accusations 3 Uber president Jeff Jones quits as turmoil continues 4 U.S. Supreme Courts ideological balance at stake in confirmation fight 5 Republicans revamp U.S. health bill, boost benefits to older Americans SPONSORED STORIES Life on MaRS: Creating a Healthy Ecosystem for Entrepreneurship Life on MaRS: Creating a Healthy Ecosystem for Entrepreneurship MARS Lyme Disease Doctors Discover the Critical Factors to Long-Term Relief Lyme Disease Doctors Discover the Critical Factors to Long-Term Relief ENVITA Man fired for attending son's birth receives job offers, support Man fired for attending son's birth receives job offers, support WBTV End Your Nightly Snoring Nightmare With This Simple Tip End Your Nightly Snoring Nightmare With This Simple Tip LIFESTYLE JOURNAL Recommended by SPONSORED CONTENT Follow Reuters: Follow Us On Twitter Follow Us On Facebook Follow Us On LinkedIn Follow Us Via RSS Subscribe: Newsletters | Apps Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. *All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Feedback | Site Index | Terms of Use | Privacy Policy | Cookies | Careers 2017 Reuters All Rights Reserved
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