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Avanco on its way to mid-tier status

A prefeasibility study (PFS) has proven that the Pedra Branca East copper-gold project, in Brazil, could realise project owner Avanco Resources’ ambition of becoming a mid-tier copper producer.

The PFS estimated that the Pedra Branca East project could deliver some 24 000 t/y of copper and 16 000 oz/y of gold in concentrate, based on a 1.2-million tonne a year operation.