Antofagasta considering legal options over Twin Metals leases

Antofagasta is considering its legal options following the decision by the federal government of the United States to cancel two of its mining leases at its proposed Twin Metals copper and nickel mine in Minnesota, the company’s chief executive officer said.

The Chilean miner had already invested $450 million in the project, located in the Duluth Complex north of Lake Superior in Minnesota, with full capital expenditures estimated to reach $1.7...


Andrea Hotter

March 29, 2022

06:10 GMT