In 2012, Lomas Bayas II project was completed extending the mine life to 2028. The development of the underlying sulphide deposit is unlikely before 2020 and is not included in the accompanying analysis.
Lomas Bayas is located in northern Chile, approximately 120 km northeast of Antofagasta, and is a low grade, open pit operation. In 2012, Lomas Bayas II project was completed, extending the mine life to 2028. The mine is utilises Solvent-Extraction-Electro-Winning (SxEw) to produce copper cathodes from a combination of crushed and heaped ore and ROM material.