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.