Bloomberg reported that Candente Copper Corp has high hopes for its $1.5 billion Peruvian copper deposit, as it awaits a water permit to complete a feasability study at the Canariaco project in the northern Andes.

As quoted in the market report:

Canariaco Norte, one of three deposits in the company’s concession, is feasible at a copper price as low as $2.25 per pound, Freeze said.

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