By Shane Lasley
Mining News
Quantum Pebble leap
First Quantum enters $1.5B deal for half of Pebble; permitting begins
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Last updated 1/13/2018 at 3:53pm
Pebble Limited Partnership
The extensive drilling completed at Pebble has outlined a massive porphyry deposit with roughly 56.8 billion pounds copper, 70.4 million ounces gold, 3.4 billion lb molybdenum and 343.6 million oz silver in the measured and indicated resource categories.
In a framework agreement announced on Dec. 18, First Quantum Minerals Ltd. was revealed as the major mining company that will complete the Pebble Limited Partnership.
"We have made good progress in the partnering process and are very pleased to be in advanced-stage discussions with First Quantum, an industry leader in mine development and management," Ron Thiessen, president and CEO, Northern...
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