Culpeo Minerals expands Chile landholding by 45% with new licences
The licences apply to the Lana Corina and Fortuna projects, increasing Culpeo’s total Chilean landholding to 9,033ha.
21 July 2026
21 July 2026
The licences apply to the Lana Corina and Fortuna projects, increasing Culpeo’s total Chilean landholding to 9,033ha.
AMS and its local partner MaxMass have provided mining services at the open-pit Iduapriem mine since 2018.
The company aims to begin producing copper-gold concentrate at Skouries in Q3 2026.
Under the agreement, Avenir will acquire 15% of the property and the JV for $2.67m (C$3.75m) in cash, while Grid Metals retains 85%.
The approval allows for updates to the mine plan, processing facility, mine layout and waste management systems.
Drill-hole TH26-154 returned 472.8m at 0.40% copper equivalent, targeting northern copper-molybdenum mineralisation.
See how a Main Automation Contractor gives mineral processing project owners single-point accountability for automation scope: reducing interface risk from engineering through to commissioning.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.