Empresas Copec, which still gets most of its profit from fossil fuels and wood products, is stepping up its foray into renewable energy and alternative fuels.
The new PEA states that the lack of initial capital costs is due to the company having already built a heap leach pad and extraction circuit last year.
Brazilian oceanographer Leticia Carvalho has been elected the next secretary-general of the ISA, a leadership change that could slow the rush to strip-mine deep sea ecosystems.
At a time when most copper projects are struggling with soaring capital costs, Marimaca expects its eponymous oxide project in Chile’s Atacama Desert to break the mould with a low capital cost of $205 million.