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Company Update – Marianas project

  • Published December 20, 2012 9:10PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Condor Blanco Mines Limited (“Condor Mines”, “the Company”) has advanced negotiations in regards to off-take agreements at its Marianas iron tailings project in Copiapo, Chile. It anticipates a resulting Heads of Agreement will be signed early in the new year.

The discussions follow on from Memorandums of Understanding Condor Mines signed in September with Changes Investment Guarantee (China) Company and Jiangxi Hongyang Copper Company Ltd for the sale of iron ore from Marianas.

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