Total measured and indicate resources now stand at 657 million tonnes grading 0.26% nickel for 1.7 million tonnes of contained nickel, a 9% increase from the previous estimate.
A 152,000-tonne-per-day open-pit mine at Josemaria would deliver an average of 136,000 tonnes of copper, 231,000 oz. of gold annually over a 19-year mine life.