Metals News
S Korea Consortium Gets Panama Copper Mine Project Approval -Korea Resources
industry news

SEOUL, Feb 13, 2011 (Dow Jones Commodities News via Comtex) -- A South Korean consortium led by state-owned Korea Resources Corp., or Kores, recently received approval from the Panama government to develop a copper mine in the Central American country, Kores said Monday.

Kores and LS-Nikko Copper Inc. will jointly invest around $1 billion to acquire a 20% stake in the Cobre Panama copper mine and for other purposes, a Kores official said.

Kores and LS-Nikko Copper signed a contract to jointly buy the stake in 2009.


copper Cu
mineral resources
mineral resources development
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data