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Capstone wants to create a mining district in northern Chile with the integration of its Mantoverde and Santo Domingo operations. has released a new feasibility study for its 100%-owned, fully permitted Santo Domingo copper-iron-gold project in Chile following further technical and optimization work.
During the first seven years, production at Santo Domingo is expected to average 106,000 tonnes of copper and 3.7 million tonnes of iron concentrate at even lower cash costs of $0.28/lb., compared with $0.61/lb. before. “A construction decision and the integration of Santo Domingo represents the next phase of our transformational growth as we become a leading long-life and low-cost producer of critical metals essential for the world’s decarbonization efforts.”
“Having recently completed construction at our Mantoverde development project, we have an experienced mine-build team which today is rare in our industry,” Cashel Meagher, president and COO, said. “The feasibility study for Santo Domingo outlines an actionable investment opportunity with an attractive rate of return and a short payback period.”
France Dernières Nouvelles, France Actualités
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