Power Ore buys former Falconbridge copper complex

The Opemiska copper complex – a former Falconbridge asset – has a new owner, which intends to fast-track the two past-producing copper mines near Chapais, Quebec, as part of a strategy of investing in metals that stand to benefit from a move to battery-powered vehicles.

TSX-V-listed Power Ore announced on Wednesday that it would buy the Opemiska complex, which operated from 1953 to 1991, producing a total of 23-million tonnes at 2.4% copper and 0.3 g/t gold.