Mineweb reported that feasibility study results on the Ajax Copper Project mean KGHM (OTC Pink:KGHPF) must decide whether or not to go ahead with the project.
As quoted in the market news:
The feasibility study triggers KGHM’s right to buy a further 29 percent stake in the Ajax joint-venture for $35 million bringing to 80 percent its ownership of Ajax.
Quaterra Resources Inc. (TSXV:QTA,OTCMKTS:QTRRF,FWB:QR2) is advancing its 100%-owned flagship Yerington project in Nevada’s Yerington Copper District, one of the world’s most attractive mining jurisdictions.
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