News releases, operational updates and announcements from across the Altamira portfolio.
Cobre Verde delivered record quarterly copper production on strong throughput and recoveries, keeping the operation ahead of plan for the year.
The Board sanctioned a US$420M Phase II expansion at Cobre Verde, funding additional processing capacity and extending mine life, with first expanded ore targeted for 2027.
The report details progress on renewable power, water recycling, safety and community investment across the company’s operations in Mexico and Chile.
Management will present and host investor meetings at the BMO Global Metals & Mining Conference; a webcast of the presentation will be available on the company website.
Record annual copper production of 182 kt, revenue up 10% to US$1.84B and free cash flow of US$410M, with Cobre Verde Phase II on track for first ore in 2027.
The funded expansion remains on track, with major earthworks complete and process equipment arriving on site.
The report details progress on renewable power, water recycling, safety and community investment across both districts.
The company will host a conference call and webcast at 08:30 ET to discuss the results.
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