Quadra Gets Environmental Go-Ahead on Chilean Mine

Molybdenum Investing

Reuters Africa reported that Quadra FNX Mining (TSE:QUX) has received approval to develop its Sierra Gorda project.

Reuters Africa reported that Quadra FNX Mining (TSX:QUX) has received approval to develop its Sierra Gorda project.

The market news is quoted as saying:

The mine is expected to produce about 83 million pounds of copper, 25 million pounds of molybdenum and 64 thousand ounces of gold annually over a 20-year mine life.

To read the full market news, click here.

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