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Excelsior Mining ( (TSE:GCU) ) has issued an announcement.
Gunnison Copper Corp. has announced the commencement of copper cathode production at its Johnson Camp Mine in southeast Arizona, marking the company as America’s newest copper producer. The production began ahead of schedule, reflecting Gunnison’s commitment to health and safety and strengthening U.S. copper supply. Supported by Nuton LLC, a Rio Tinto venture, the project is poised to enhance domestic energy independence and manufacturing capabilities, with plans to ramp up to a capacity of 25 million pounds of copper cathode annually.
More about Excelsior Mining
Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District in the Southern Arizona Copper Belt. Its flagship asset, the Gunnison Copper Project, is being developed as a conventional operation with open pit mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site.
Average Trading Volume: 694,250
Technical Sentiment Signal: Hold
Current Market Cap: C$95.06M
For detailed information about GCU stock, go to TipRanks’ Stock Analysis page.