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Relincho Data

Relincho Information

  • Equipment and Infrastructure 2015-09-04
    Common infrastructure will significantly reduce project capital costs and ongoing operating costs. Further, the PEA contemplates a phased development approach that will allow future expansions to be funded from project cash flows, thus significantly reducing the initial funding requirement. As a result, the initial capital cost to bring Project Corridor into production is targeted to be US$3.5 billion1, with further capital required to construct future phases being funded largely from project cash flows. The feasibility studies of the standalone El Morro project and standalone Relincho project had previously estimated development costs at US$3.9 billion2 in 2011 dollars and US$4.5 billion3 in 2013 dollars, respectively.
  • Environmental 2015-09-04
    Project Corridor will reduce infrastructure requirements, including utilizing a single desalination plant, a single port, a single transmission line, a single concentrator and a common tailings facility. As a result, the environmental footprint of Project Corridor will be significantly less than the combined footprint of the standalone projects. The use of a common tailings facility located at the Relincho site responds to concerns expressed by local communities regarding the location of the previously proposed El Morro tailings facility within the agriculturally important Huasco River watershed.
  • Social 2015-09-04
    Project Corridor will undertake extensive engagement with communities, Indigenous Peoples and other stakeholders to help guide the project's development. In the months ahead, project staff will be meeting with the community and Indigenous Peoples to explain the Project Corridor concept and work collaboratively to define the project's engagement model. This process will be facilitated by two independent organizations with expertise in community engagement and experience in enhancing social performance and socially sustainable outcomes for resource projects.
  • General 2015-09-04
    Project Corridor is one of the largest undeveloped copper-gold-molybdenum projects in the Americas. The integrated project allows for the optimization of both resources, resulting in a longer mine life of at least 32 years, based on existing proven and probable reserves, with the scope for further extensions given the significant exploration potential across the combined property. Initial stage development contemplates a single line mill and concentrator facility with an initial capacity in the range of 90,000- 110,000 tonnes per day to produce an average of approximately 190,000 tonnes of copper and 315,000 ounces of gold per year over the first full 10 years.

Nearby Locations

Nearby Location News

  • ASX: Mineral Resource and Ore Reserve Annual Review 2016 2016-09-29
  • ASX: Drilling Set to Commence & New Results Extend Sierra Zapallo 2016-09-14
  • ASX: High Grade Gold Results Confirm Resource Potential at SZ 2016-08-23
  • ASX: Impressive Results from Multiple High Grade Reefs at SZ 2016-08-15
  • ASX: First Results From Sierra Zapallo Return Excellent Grades 2016-08-11
  • ASX: Sierra Zapallo Gold Sampling Commences 2016-07-20
  • Cool reception for Hot Chili’s Productora PFS 2016-03-02
    Financials of Chile copper project fail to impress
  • Hot Chili upbeat about PFS for Chile’s next large coastal copper mine 2016-03-02
    The Productora copper project, in Chile, would cost $725-million to develop and could deliver an average 66 000 t/y of copper and 25 000 oz/y of gold over the first eight years of a ten-year mine life, the results of a prefeasibility study (PFS) have shown. ASX-listed Hot Chili on Wednesday told shareholders that the PFS centered around the openpit mining of Productora through two large sulphide openpits and five smaller oxide openpits. The mine would use a 14-million-tonne-a-year sulphide concentrator and a 3.3-million-tonne-a-year heap leach and solvent exchange and electro-winning circuit.
  • ASX: Hot Chili Delivers PFS and Near Doubles Productora Reserves 2016-03-01
  • ASX: Productora PFS Advancing to Completion 2015-12-23

Relincho News

  • Goldcorp and Teck Combine El Morro and Relincho Projects in Chile 2015-08-27

    SANTIAGO, CHILE--(Marketwired - Aug. 27, 2015) - GOLDCORP INC. ("Goldcorp") (TSX: G, NYSE: GG) and Teck Resources Limited ("Teck") (TSX: TCK.A & TCK.B, NYSE: TCK) today announced an agreement to combine their respective El Morro and Relincho projects, located approximately 40 kilometres apart in the Huasco Province in the Atacama region of Chile, into a single project.

Related News

  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18
  • Kiska Regains Control of the Kliyul Project 2016-10-04

    VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited ("Teck") notifying the Company that it is terminating the Kliyul Participation Agreement dated September 30, 2013 ("Agreement"). Under the terms of the Agreement, Teck completed IP geophysical surveys, archeological surveys, baseline water quality surveys, community engagement programs with local First Nations, and ~2,000 metres of diamond drilling in four holes, for a total expenditure of ~$3 million.

  • Teck Submits Regulatory Application for Quebrada Blanca Phase 2 2016-09-26

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) has, as part of the regulatory process, submitted the Social and Environmental Impact Assessment (SEIA) for its Quebrada Blanca Phase 2 Project (QB Phase 2) in northern Chile to the Region of Tarapacá Environmental Authority, consistent with the timing previously noted in the company's second quarter 2016 release.

  • Metals Creek Resources Corp. Mobilizes Diamond Drill Rig to the Ogden Gold Project Timmins, Ontario 2016-09-20

    TORONTO, ONTARIO--(Marketwired - Sept. 20, 2016) - Metals Creek Resources Corp. (TSX VENTURE:MEK) (the "Company") is pleased to report that the Company has mobilized a diamond drill rig to the Ogden Gold Project in Timmins Ontario and drilling is expected to start within 2 days.

  • Teck Announces Acquisition of Securities of Jet Gold 2016-08-31

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it acquired 8,333,333 common shares, and a $389,117 principal amount convertible debenture of Jet Gold Corp. ("Jet Gold"). Jet Gold issued the securities in satisfaction of $889,117 of indebtedness owing to a Teck subsidiary. Jet Gold had assumed the indebtedness in connection with its indirect acquisition of control over a 30% interest in Haib Minerals (PTY) Ltd., in which Teck indirectly holds a 70% interest. The common shares were issued for an aggregate price of $500,000, and the convertible debenture was issued for a price of $389,117. No cash consideration was paid by Teck and the purchase price was fully satisfied by set-off against the assumed indebtedness.

  • Teck raises concerns over Reward offer, JV following Rox–Marindi deal 2016-08-23
    Diversified mining company Teck Resources has raised concern over the offer that joint venture (JV) partner Rox Resources had accepted for its 49% interest in the Reward zinc and lead project, in the Northern Territory. Under a JV agreement, Rox was required to offer to sell its interest in the project to Teck on the same terms and conditions as any offer it intended to accept. However, Rox said on Tuesday that Teck had raised some concerns with respect to the offer and its compliance with the joint venture agreement. In doing so, Teck had reserved its rights under the JV agreement.
  • ASX: Sale of Reward zinc-lead project 2016-08-22
  • Rox accepts $21m offer from Marindi for Reward project stake 2016-08-17
    Perth-based Rox Resources has accepted a revised offer from fellow ASX-listed Marindi Metals for its 49% interest in the 58-million tonne Reward zinc and lead project, in the Northern Territory. Marindi initially offered $16-million for the interest in the Reward project, but has revised its offer to $21-million, including a cash payment of $8-million, shares worth $4-million, three-year convertible notes with a face value of $5.25-million and a deferred payment of $3.75-million.
  • ASX: MZN: to Acquire Interest in World Class Reward Zinc JV 2016-08-16

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