Cerro Casale

MMX Interest:  1.25% GRR on 25% of total revenue
MMX Metal Exposure:  Copper (Cu), Gold (Au), Silver (Ag)
Location:  Atacama, Chile
Operator:  Barrick Gold Corp. (50/50 joint venture with Newmont)
Status:  Preliminary Study

Asset Information

  • One of the world’s largest undeveloped gold and copper deposits, containing approximately 23 Moz of gold in proven and probable reserves
  • In 2018, it was announced that the Cerro Casale and the Capiche projects had come together in a single future project called North Abierto
  • Since 2018 the focus has been the development of activities that will determine how the exploitation of both deposits can be viable on a single mining project

For more information on Cerro Casale, please visit www.barrick.com

 

Source: Barrick Gold public disclosure.