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Oracle Ridge Copper Mine JV Development

Sector: Metal • Location: Arizona, United States

Source: The Mercury

Project
Planned

Eagle Mountain Mining is progressing towards a joint venture development of the Oracle Ridge copper mine in Arizona. The project hosts 28.2 million tonnes at 1.35% copper for 380,000 tonnes of copper metal. Japanese mid-tier Nittetsu Mining can earn up to 80% of a JV containing Oracle Ridge and the nearby Wedgetail project by spending US$20 million over four years. Binding agreements are expected

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Project Information

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The project “Oracle Ridge Copper Mine JV Development” is an infrastructure initiative in the Metal sector, located in Arizona, United States. Taiyo aggregates data on it from The Mercury.

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planned

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Description

Description

Eagle Mountain Mining is progressing towards a joint venture development of the Oracle Ridge copper mine in Arizona. The project hosts 28.2 million tonnes at 1.35% copper for 380,000 tonnes of copper metal. Japanese mid-tier Nittetsu Mining can earn up to 80% of a JV containing Oracle Ridge and the nearby Wedgetail project by spending US$20 million over four years. Binding agreements are expected in April 2026, marking a significant milestone towards project development.

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