Arimetco acquires stake in Bolivian copper properties

Planning to become the first foreign exporter of cathode copper from Bolivia is Arimetco International (TSE).

The company recently acquired an 85% stake in three oxide copper properties hosting five million tons grading 2.5% oxide copper.

A few weeks before this acquisition, Arimetco agreed to purchase a 52% stake in a Bolivian mine hosting probable reserves of 400,000 tons of 10% zinc, 4% lead and 10 oz. silver per ton.

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