Some excellent news today from the copper explorer and budding iron ore producers Condor Blanco Mines (TSX A1H4KP). For, as the company reported to date, to start iron ore production on the newly acquired Marianas project in Chile in December 2012 - and it has also found a buyer already.
Condor Blanco Mines has signed a letter of intent that is a purchase agreement with the Chinese Changes Investment Guarantee (China) Company and Jiangxi Copper Company Hongyang (CIG & JCC). Therein it is necessary to address the short-term decrease of iron ore and other long-term to the decrease of copper from other Condor Blanco Mines projects in Chile.
