As subscribers found out in IKN36 last Sunday, the Corriente Resources (CTQ.to) team is currently hanging in Panama and wants to develop the Cerro Colorado copper mine (25Bn lbs Cu with by product credits), probably in the same way as it did with the recently sold Mirador thingy in Ecuador.
But it faces stiff competition. Plenty of other big miners want to move the project forward, including (according to Panama's La Estrella newspaper at least) Chile's Codelco. What we do know is that the new Martinelli government has in the last six weeks or so tipped its hand definitively and has made it clear that Panama now welcomes mining development.
As noted over the weekend, this snippet is hardly likely to be ignored by B2Gold, either. DYODD dude.
But it faces stiff competition. Plenty of other big miners want to move the project forward, including (according to Panama's La Estrella newspaper at least) Chile's Codelco. What we do know is that the new Martinelli government has in the last six weeks or so tipped its hand definitively and has made it clear that Panama now welcomes mining development.
As noted over the weekend, this snippet is hardly likely to be ignored by B2Gold, either. DYODD dude.