Trafigura subsidiary to fund copper project in Ecuador

Mar 26, 2013 | 02:01 PM | Suzy Waite

Tags  Urion Mining, Trafigura Beheer, Salazar Resources, copper, zinc, gold, Fredy Salazar, Suzy Waite

NEW YORK — Urion Mining International BV, a wholly owned subsidiary of Trafigura Beheer BV, will provide funding to Salazar Resources Ltd. for its copper-zinc Curipamba project in Ecuador.

Urion will purchase 2.5 million shares in Salazar for Canadian $1 million ($983,900), the net proceeds of which will be used for working capital purposes. ....

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