TORONTO (miningweekly.com) – TSX-listed Inmet Mining has submitted the environmental- and social-impact assessment (ESIA) for its Cobre Panama copper project to the regulatory authorities in Panama, the company said on Monday.
The 14 913-page ESIA was prepared by Golder Associates.
The submission of the study is a “significant milestone” in the project’s development, Inmet commented.
The Cobre Panama project (previously know as the Petaquilla copper project) is expected to produce an average of 255 000 t/y of copper, 90 000 oz of gold, 1,5-million ounces of silver and 3 200 t of molybdenum over a 30-year mine life.
Inmet has said it could start production at the mine in 2015.
The company also owns base-metals and gold mines in Spain, Turkey, Finland and Canada and a stake in the Ok Tedi mine, in Papua New Guinea.