Honest question. If Lundin’s were to pursue the go it alone strategy…would it not be easier to go down that path via Luna, being you assume it’s a smaller bite to have to take compared to taking all of Filo?
I have not been on site…but from what I’ve seen…a conveyor from the base of the cliffs to Jose looks imminent doable. What does the path from FILO to Jose look like?
Would be interesting to look at the initial economics of a block cave setup at Luna exploiting very high grade veins compared to the expense of stripping the overburden for a FILO mega pit.
Again…this is simply on the go it alone possible angle…I have no arguments with your assessment of time being required at Luna if you want a Rio or BHP on board there.
"The answer is scarcity and optionality. Simply put, there are not any projects out there in places western mining companies are extremely comfortable operating that can be Escondida-type scale copper production for a century."
What about Seabridge's KSM project, permitted in B.C, said to have $6-7B build cost? Looking for partners this year and Even if it was $10B to build probably preferable to a major like BHP given its location and easily controllable woke politicians.
Outstanding
Honest question. If Lundin’s were to pursue the go it alone strategy…would it not be easier to go down that path via Luna, being you assume it’s a smaller bite to have to take compared to taking all of Filo?
I have not been on site…but from what I’ve seen…a conveyor from the base of the cliffs to Jose looks imminent doable. What does the path from FILO to Jose look like?
Would be interesting to look at the initial economics of a block cave setup at Luna exploiting very high grade veins compared to the expense of stripping the overburden for a FILO mega pit.
Again…this is simply on the go it alone possible angle…I have no arguments with your assessment of time being required at Luna if you want a Rio or BHP on board there.
Fantastic read, ty
Great write up and nice timing for myself as on the way out of a site visit in San Juan.
Hope this plays out for the sake of the entire prov.
"The answer is scarcity and optionality. Simply put, there are not any projects out there in places western mining companies are extremely comfortable operating that can be Escondida-type scale copper production for a century."
What about Seabridge's KSM project, permitted in B.C, said to have $6-7B build cost? Looking for partners this year and Even if it was $10B to build probably preferable to a major like BHP given its location and easily controllable woke politicians.