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Mercator May Wait for Copper Gain Before Seeking Mine Funds
Dec. 01, 2011 03:51PM PST
Base Metals Investing Bloomberg reported that Mercator Minerals Ltd. (TSX:ML) plans to wait for copper prices to surge before securing financing to start construction at its El Pilar project.
Bloomberg reported that Mercator Minerals Ltd. (TSX:ML) plans to wait for copper prices to surge before securing financing to start construction at its El Pilar project.
As quoted in the market news:
The El Pilar project will more than double Mercator’s annual copper output when production begins at the mine.
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