Australian mining company South32 has given the green light for a significant investment in the Hermosa project's Taylor deposit in Arizona, USA. The company has approved a whopping $2.16 billion investment, marking a significant milestone in the development of this world-class mineral resource.
The decision to invest in the Taylor deposit aligns with South32's strategy to secure high-quality assets with long-term growth potential. The Hermosa project, located in Santa Cruz County, Arizona, has been recognized for its vast mineral potential, particularly in zinc, lead, and silver. The Taylor deposit, in particular, has been identified as a significant resource within the project.
