Hot Chili reveals first production date
The low cost, high return Productora copper project in Chile will benefit from seawater processing advantages, easy connection to grid power and nearby port capacity. By Reuben Adams RAPID development of a globally significant coastal copper project in Chile could mean first production as early as 2019 or 2020, according to aspiring miner Hot Chili. Perth-based Hot Chili is behind the US$725 million Productora copper project, regarded as one of Latin America’s fastest post-discovery developed projects. More than US$90 million has been invested in Productora across the past five years, culminating in “robust” pre-feasibility outcomes, announced by the company in March. Hot Chili aimed to deliver at least 66,000 tonnes of copper concentrate and 25,000 ounces of gold per annum across...