By Shane Lasley
Mining News
Rio Tinto places C$25.6M bet on Casino
To gain better understanding of copper project's potential North of 60 Mining News – May 17, 2021
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Last updated 6/3/2021 at 5:06pm
Western Copper and Gold Corp.
Western Copper has outlined roughly 7.6 billion pounds of copper, 14.5 million ounces of gold, 113.5 million oz of silver, and 811.6 million lb of molybdenum at the Casino project.
Rio Tinto Canada Inc. is investing C$25.6 million (US$21.2 million) to acquire a roughly 8% stake in Western Copper and Gold Corp. and a foothold in the exploration company's Casino copper project in Canada's Yukon.
"The investment by Rio Tinto, a leading global mining group which operates in 35 countries around the world, and whose purpose is to produce the materials essential to human progres...
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