EXPLORATION & DEVELOPMENT

New World targeting high-margin copper mine in Arizona

HOW much copper New World Resources thinks it might annually produce is the big question but for those comfortable speculating on a circa A$140 million company, the funding needed to get through feasibility work and permitting ahead of the development of a potential high-margin copper project at Antler in Arizona, is now in place.

New World's Antler copper project

New World's Antler copper project

The company has about A$25 million cash following a $20 million placement earlier this month. An initial resource estimate in the next 2-3 months may give a hint as to what is on the cards, while another...

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