The Salares Norte gold project is located in the Atacama region of northern Chile.
The company in which Codelco will have a majority stake will begin operations in January 2025.
The Company remains on track to receive the construction permit by the end of this year and is progressing Project Financing with an aim to make a fully financed construction decision in Q2 2024.
Each worker is set to receive a bonus of 19.6 million Chilean pesos (approximately $22,700), coupled with a preferential loan benefit nearing $3,500.
Kuya Silver is a Canadian‐based mineral exploration and development company with a focus on acquiring, exploring, and advancing precious metals assets in Peru and Canada.
The mine generated 112,734 tonnes of copper in the third quarter of 2023, contributing $930 million to First Quantum’s overall third-quarter revenue of US$2 billion.
Warintza’s central deposit has 579 million indicated tonnes grading 0.47% copper, 0.03% molybdenum and 0.05 gram gold per tonne
This development is a watchword for industry players and investors alike, signaling exciting times ahead in the rare earths market.
The award recognizes ABB’s commitment to support industrial decarbonization through a best-in-class portfolio of intelligent instrumentation and gas analyzers.
The operation includes a mine area featuring a concentrator plant with a 140,000-ton daily production capacity, extensive utility infrastructure, coastal port facilities and a water desalination plant.
The new logotype retains the original’s colors and symbol to maintain a strong connection with the original brand. A gradual implementation of the new logotype will take place internally and externally heading into 2024.
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