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Hot Chili's Costa Fuego project in Chile could produce $2.2B in copper and gold over 20 years.
Hot Chili, an Australian mining firm, has released a prefeasibility study for its Costa Fuego project in Chile, revealing a 20-year mine life with strong production and economics.
At current prices, the project's net present value could reach $2.2 billion, producing 116,000 tonnes of copper and 48,000 ounces of gold annually in its first 14 years.
The company plans to start a definitive feasibility study and seek environmental approvals to aim for production by the end of the decade.
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El proyecto Costa Fuego de Chili caliente en Chile podría producir $2.2B en cobre y oro durante 20 años.