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Nuton, Stellantis up stakes in McEwen Copper

McEwen Copper has secured an additional US$10 million investment by Rio Tinto subsidiary Nuton, for the further development of the Los Azules copper deposit in San Juan, Argentina.

Paul Harris
Mcewen Copper's Los Azules in San Juan, Argentina

Mcewen Copper's Los Azules in San Juan, Argentina

Nuton agreed to invest in a two-part transaction consisting of a private placement of 152,615 shares for $4 million, and the purchase of 232,000 shares owned by McEwen Mining, McEwen Copper's parent company,...

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