Halo Minerals completes Class 3 engineering update for copper and gold project in Chile
What happened
Halo Minerals PLC announced the completion of the BIOS Mining & Infrastructure Class 3 engineering and cost update for its Playa Verde copper and gold tailings reprocessing project in Chile. This update establishes a technical and cost basis for the project using 2026 market conditions, moving the project toward a Final Investment Decision and financing.
From investegate.co.uk
Why it matters
The update confirms a defined development case based on processing approximately 5 million tonnes of material per annum. The project is estimated to produce about 8,640 tonnes of recovered copper and 1,400 ounces of gold annually.
A company advances gold and copper projects in Chile while adhering to UK MAR influenced by EU law.
From investegate.co.uk
Who's involved
- ChileThe country hosting the copper and gold tailings reprocessing project
Keep exploring
The entities involved
-
Chile
country in South America and Oceania, with a claim in Antarctica
Related events
- A partnership has been formed to anchor mineral supply chains in Chile.
- Lundin Mining is investigating the Filo del Sol copper deposit, which is located along the border of Chile and Argentina.
- Protocols have been signed between Chile and Argentina to facilitate cross-border mining ventures in the Andes region.
- Copper supply is facing multiple disruptions, including storms in Chile, processing plant failures, and new export bans.
- Extreme weather disrupted mining operations at La Coipa for Kinross Gold Corporation in Chile.