Australia’s Capricorn copper mine is expected to start production in November, private equity fund EMR Capital confirmed recently.
A joint venture between EMR and Lighthouse Minerals, Capricorn Copper, is expected to produce 25,000 to 35,000 tonnes of copper concentrate a year.
Lighthouse and EMR acquired the mine in October 2015 from Aditya Birla, which suspended the project in 2013 due to falling copper prices.
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