Productora is one of the best located large-scale copper developments globally- (coastal range of Chile, low altitude, infrastructure rich, low capital intensity). Mineral Resources already stand at 1.5Mt copper and 1Moz gold, with an Ore Reserve of 167Mt established which underpins long life, bulk open pit production, over a 10-year mine life, with first 8 years production averaging 66kt copper and 25koz gold annually.
Productora is 100% owned by a Chilean incorporated company Sociedad Minera El Aguila SpA (SMEA). SMEA is a Joint Venture company, 80% owned by Sociedad Minera El Corazón Limitada (a 100% subsidiary of Hot Chili Limited), and 20% owned by CMP Productora (a 100% subsidiary of Compañía Minera del Pacífico S.A (CMP).
Mineral Resources stand at 1.5Mt copper and 1Moz gold
Ore reserve of 167Mt, with first 8 years of production averaging 66kt copper and 25koz gold annually
Lease mining and processing with ENAMI to commence 2020