TNR Gold highlights milestone for Los Azules project with EIA approval by McEwen Copper
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TNR Gold Corp announced that the Los Azules copper project in Argentina, operated by McEwen Copper, has received Environmental Impact Assessment (EIA) approval. This is a significant step towards the project's feasibility, construction, and future operations. TNR Gold holds a 0.4% net smelter returns royalty on the project.
December 05, 2024 | 3:30 pm
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POSITIVE IMPACT
McEwen Mining's subsidiary, McEwen Copper, received EIA approval for the Los Azules project, advancing towards feasibility and construction. This is a positive development for McEwen Mining, as it progresses a significant asset.
The EIA approval is a critical regulatory milestone that allows McEwen Mining to advance the Los Azules project, potentially increasing the project's value and future revenue streams. This is likely to positively impact McEwen Mining's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80