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Coro sells Berta for US$8.5M

Coro Mining (TSX:COP) has sold the Berta mining operation and concessions in Chile’s Region III to private company Santiago Metals Proyecto 4 for US$8.5 million as it continues to refocus on its Marimaca copper exploration project in Chile’s Antofagasta region.

 The crushing circuit at Berta in Chile

The crushing circuit at Berta in Chile

"Due to the scale of Marimaca, Berta was a distraction for us," president and CEO Luis Tondo told Mining Journal. "We found we spent 99% of our time on Berta when 100% of the value was at Marimaca,"...

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