BASE METALS

Adventus Curipamba finance package shines

Small, but perfectly formed could describe Adventus Mining’s Curipamba polymetallic VMS deposit within the El Domo project in Ecuador with its reserves of 6.5 million tonnes grading 5% copper equivalent. But that label could just as well apply to the financing which covers some 90% of the estimated initial capital expenditures involving two of the biggest names in the business.

 Adventus Mining's Curipamba in Ecuador

Adventus Mining's Curipamba in Ecuador

Wheaton Precious Metals will provide US$175.5 million in return for a stream on 50% of the gold and 75% of the silver, some 12% of the project revenues, while Trafigura will provide a five-year $45 million...

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