4 days ago
Nevada Copper Project Draws $896 Million US Financing Interest
A Nevada mining project has attracted the attention of the Export-Import Bank of the United States, which is showing interest in offering $896 million to support a company seeking to build a copper and molybdenum mine.
Pathfinder Tonopah, a closely held Nevada-based mining company, said on Tuesday it had received the non-binding indicative letter of interest from Ex-Im, the official export credit agency of the US. The company said the financing would support the construction of a mining and processing facility to produce copper cathode, molybdenum concentrate and other products on the Tonopah, Nevada, site, which has existing infrastructure, including water rights, power connections, and paved road access.
