Big win for Pebble after EPA lifts Bristol Bay mining ban

The Vancouver-based company says there is potential to discover a sizeable porphyry style copper-molybdenum-silver deposit on the property.

Supported metal prices, debts being slashed, and production efficiency growth were the keys for the good performance.

The Phoenix-based company posted first quarter net income of $31m, compared with net income of $692m in the year-ago quarter.

The property is a potential producer of copper, gold and molybdenum.

Members of the community of Tacrara were demanding compensation for the use of a road that, according to them, Hudbay’s trucks were not supposed to be using.

In 2017, Chile's Superintendency of Environmental Affairs filed a notice saying the campaign violated the country's environmental regulations.

The plan puts emphasis on emphasis on agritech, aerospace, defense, renewable energy and telecommunications.

The project now contains 423 million indicated tonnes grading 0.41 gram gold per tonne, 0.22% copper, 4.6 grams silver and 41 parts per million molybdenum.

There is a porphyry copper-molybdenum-gold system at the Espiritu SMR property.