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An announcement from Excelsior Mining ( (TSE:GCU) ) is now available.
Gunnison Copper Corp. has announced a significant milestone with the successful production of the first copper using Rio Tinto’s Nuton® Technology at the Johnson Camp mine in Arizona. This innovative bioleaching technology, which utilizes microorganisms to extract copper, marks a breakthrough in cleaner and more efficient copper production. The technology promises to enhance the domestic copper supply chain by producing copper with a significantly lower carbon footprint and water usage compared to traditional methods. This development not only strengthens Gunnison Copper’s position in the industry but also highlights the potential for Nuton to revolutionize copper processing globally, with plans for further deployment in North and South America.
More about Excelsior Mining
Average Trading Volume: 984,608
Technical Sentiment Signal: Buy
Current Market Cap: C$142.5M
For an in-depth examination of GCU stock, go to TipRanks’ Overview page.