World’s largest copper producer blaming lower recovery levels and ore grades at the Chuquicamata site, as it also deals with fatal accidents halting some construction works.
Kingdom passed a new minerals investment law last year and provided 13 reconnaissance licences, 133 exploration licences and eight exploitation licences.
The Maria Reyna and Caballito properties consist of a large, contiguous block of mineral rights with potential to host mineral deposits close to the Constancia processing facilities.