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Caravel culled by FQM

EMERGING copper heavyweight First Quantum Minerals has pulled the pin on the Calingiri pre-development copper project in Western Australia, with owner Caravel Minerals now looking for another major partner to step-in and progress the potential opportunity.

Michael Quinn
Caravel culled by FQM

Calingiri contains 251 million tonnes grading 0.34% copper (plus molybdenum) for 844,300t of contained copper. Scoping work completed in mid-2016 pointed to a 15Mt per annum operation with a pre-development...

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