Mineral and Financial conditionally holds a 20% free-carried interest in Redcorp, which owns Lagoa Salgada, while Cerrado Gold holds the other 80% and operates the project. If state agency EDM exercises its 15% option, contractual calls can reduce M&F to a net 5% carried interest, with a related put right.
- Country
- Portugal
- Commodity
- Zn
- Stage
- Feasibility