Mantoverde

Open-pit copper-gold mining complex processing oxide and sulphide ores. Located 56 km southeast of Chañaral in the Atacama region, accessed via secondary roads with power supplied by Guacolda Energia and water from an off-site desalination plant. Property includes 306 exploitation concessions covering 39,536 ha. Iron Oxide Copper Gold (IOCG) deposit hosted in Lower Cretaceous cataclastic andesitic and intrusive rocks. Open pit operations commenced in 1995; sulphide concentrator achieved commercial production in September 2024. Sulphide concentrator expanding to 16.4 Mtpa nominal capacity, alongside existing heap and dump leach SX-EW facilities. Mantoverde Optimized project sanctioned to debottleneck the sulphide concentrator.