Lundin Mining Announces Vicuña Integrated Technical Study Results Highlighting a World-Class Mining District
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NEWS RELEASE
Lundin Mining Announces Vicuña Integrated Technical Study Results
Highlighting a World-Class Mining District
Vancouver, February 16, 2026 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin
Mining” or the “Company”) is pleased to announce the results of the integrated technical study (the Preliminary
Economic Assessment "PEA" or the "Study") for the Vicuña project (the " Vicuña Project" or the “Project” ). The
Vicuña Project is comprised of the Filo del Sol deposit and the Josemaria deposit and is held by Vicu ña Corp.
(“Vicuña”), a 50/50 joint arrangement between Lundin Mining and BHP . Unless otherwise indicated, all dollar
amounts are stated in United States dollars ("$") and presented on a 100% basis.
Jack Lundin, President and CEO of Lundin Mining, commented, "The publication of these impressive results
marks a significant milestone and a major step towards advancing the Vicuña Project to a sanction decision. The
progress achieved since the formation of Vicuña Corp . has been exceptional, and this Study establishes a solid
foundation for moving the Project forward while continuing to refine later stages and drive further improvements
in cost, schedule, and production.
“The Study outlines a project that would rank among the top five copper, gold, and silver mines globally. A staged
development approach provides a disciplined pathway to unlock the full value of the district, enabling sequenced
capital deployment, effective risk management, and ongoing optimization while delivering substantial, long -life
copper production growth over multiple decades.
“With the announcement on Thursday for commitments to upsize our credit facility to $4.5 billion, Lundin Mining
is fully funded for the initial phase of construction, and we remain on course to achieve our goal of becoming a
top-ten global copper producer with annual production of over 500,000 tonnes of copper and 550,000 ounces of
gold once Vicuña is in full operation.”
Study Highlights
The development of the Vicuña district is envisioned in a staged approach. Stage 1 encompasses a sulphide mill
and the Josemaria deposit, establishing an initial open pit mine and concentrator designed for future expansion
to accelerate first production and early cash flow. Stage 2 builds on this foundation by developing the Filo del Sol
leachable oxides and a corresponding SX /EW plant for copper, gold and silver recovery. Stage 3 represents the
long-term maturation of the district through expansion of the concentrator and development of the Filo del Sol
sulphide deposit , enabling peak, sustained production , positioning the Vicuña Project as a long -life, globally
significant copper operation. Stage 3 also integrates key district infrastructure, including a desalination plant and
associated pipeline, and return concentrate slurry pipeline, to support expansion of the district.
• Potential to be a top five copper, gold, and silver mine: Average annual production of 400,000 tonnes
copper, 700,000 ounces (“oz”) gold and 22 million ounces (“Moz”) silver over the first 25 full years of
operation.
• Peak production of +500 ktpa copper: Average production over a ten -year period of over 500,000
tonnes copper, 800,000 oz gold and 20 Moz silver or 800,000 tonnes copper equivalent1 (“CuEq”).
• Multi-generational asset: Initial +70-year life of mine ("LOM") , producing approximately 22.3 million
tonnes (“Mt”) of copper, 37.2 Moz of gold and 763 Moz of silver.
1 Copper equivalent (CuEq) based on production after recoveries and metal prices of $4.60/lb Cu, $3,300/oz Au and $40/oz Ag. Recoveries for production are disclosed
below for reference.
• First quartile cost profile: Average cash cost 2 (net of by -product credits) per pound of copper of
negative ( $0.20/lb) and an all-in sustaining cost 2 (“AISC”) per pound of copper of $ 0.47/lb (net of by-
product credits) over the first 25 full years of operation.
• Staged development: Enables Vicuña to incorporate ongoing optimization for the later phases of the
Project, manage development risk and fund future development through operating cash flow.
• Significant free cash flow: Average annual free cash flow 2 of $2.2 billion per year (after expansionary
capital) during the first 25 full years of operation.
• Leveraged to copper and gold: LOM revenue contribution of approximately 60% copper, 32% gold and
8% silver.
• Capital intensity below $30,000/tonne CuEq: Stage 1 capital of $7.1 billion with an after-tax payback
period of 8.4 years3 and an after-tax internal rate of return ("IRR") of 14.8% which includes all the stages.
• Resource growth: The updated Mineral Resource grew significantly compared to the previous estimate4
o Contained copper of 14 Mt Measured and Indicated (“M&I”) and 32 Mt Inferred. An increase of
12% in contained M&I and 28% Inferred copper.
o Contained gold of 36 Moz M&I and 61 Moz Inferred. An increase of 12% contained M&I gold and
26% Inferred gold.
o Contained silver of 729 Moz M&I and 1,051 Moz Inferred. An increase of 11% M&I silver and 30%
Inferred silver.
• Base-case scenario that establishes a world-class project: Net present value ("NPV8%") of $9.5 billion
after-tax at $4.60/lb copper, $3,300/oz gold and $40/oz silver.
o Stage 1 is clearly defined providing a blueprint for initial development, ongoing studies on
Stages 2 and 3 are expected to deliver further optimization.
• At spot copper, gold and silver prices ($6.00/lb copper, $5,000/oz gold and $80/oz silver), the NPV 8%
increases to $28.8 billion and the IRR to 25.5% with a payback of 5.4 years.
The Study marks a significant milestone for the Company and our partner BHP, positioning us to make a potential
sanctioning decision as early as year-end. Next steps include detailed design and engineering for Stage 1, ramp
up of project readiness activities and upgrades to the access road, all of which will advance the Project toward
long-life, high-quality copper production while unlocking value across the broader district.
Details of the Vicuña integrated technical study will be presented in a webcast conference call on Tuesday,
February 17, 2026 at 7 AM PT | 10 AM ET. Webcast and conference call details are provided below.
Webcast / Conference Call Details:
Date: Tuesday, February 17, 2026
Time: 7:00 AM PT | 10:00 AM ET
Listen only webcast: WEBCAST LINK
Dial In for Investor & Analyst Q&A: DIAL IN LINK
The Preliminary Economic Assessment was prepared in accordance with National Instrument 43-101 ("NI 43-
101") standards on a 100% basis. The base case was completed at a copper price of $4.60/lb, a gold price of
$3,300/oz and a silver price of $40/oz.
2 Cash Cost (net of by -product credits),all-in sustaining cost and free cash flow are Non-GAAP measures, please see the section "Cautionary Note Regarding Non -GAAP
Measures" below. The Vicuña Project does not currently have operations and therefore does not have historical equivalent measures to compare to. As such, the Company
cannot perform a reconciliation of these Non-GAAP measures.
3 Initial capital from the start of 2027 and payback period from the start of 2030.
4 See news release dated May 4, 2025 and previous technical report entitled “NI 43 -101 Technical Report on the Vicuña Project, Argentina and Chile”, with an effective
date of April 15, 2025 for information with respect to the previous Mineral Resource estimate . The Project is a 50:50 joint venture between Lundin Mining and BHP
Canada. Lundin Mining’s attributable interest in the Mineral Resource estimate is 50%.
The PEA is preliminary in nature, it includes Inferred Mineral Resources that are considered too speculative
geologically to have the economic considerations applied to them that would enable them to be categorized as
Mineral Reserves, and there is no cert ainty that the Preliminary Economic Assessment will be realized. Mineral
Resources that are not Mineral Reserves do not have demonstrated economic viability.
Vicuña Study Details
Vicuña engaged a consortium of independent consultants, led by Fluor Corporation, a leading global engineering,
procurement and construction management (EPCM) firm. Fluor provides professional and technical solutions
across energy, chemicals, mining, infrastructure, and government sectors. The Study was supported by additional
leading consultants with expertise in various fields, including Ausenco Pty Ltd, Inti Mining Smart Solutions., Knight
Piesold Ltd., and SLR Consulting (Canada) Ltd.
The Study envisions a conventional open pit mining and milling operation with a nominal initial nameplate
processing capacity of 175,000 tonnes per day (“tpd”) (approximately 64.0 million tonnes per annum “Mtpa”), with
an anticipated expansion to 293,000 tpd (approximately 107.0 Mtpa). The Study evaluates the recovery of copper,
gold, and silver through a conventional process plant that includes crushing, grinding, and flotation to produce a
copper concentrate . In the initial years , the concentrator will be fed with mineralization from the Josemaria
deposit and then transition over to mineralization from the Filo del Sol deposit providing higher grades. Oxide
material overlaying the Filo del Sol deposit is treated separately via a two-stage heap leach process designed to
recover copper-rich, copper–gold, and gold-rich minerals. The heap leach circuit will produce high-purity copper
cathode and gold doré product.
Table 1. Summary of the Economic Metrics of the Vicuña Study
PEA Results Summary
Copper price (base case) $4.60/lb
Gold price (base case) $3,300/oz
Silver price (base case) $40/oz
Exchange rate (ARS Peso to US Dollar) 1,300:1
Peak annual copper production (10 yr avg.)* 508 kt/yr
Peak annual gold production (10 yr avg.)* 801 koz/yr
Peak annual silver production (10 yr avg.)* 20.2 Moz/yr
Average annual copper production (25 yrs)* 395 kt/yr
Average annual gold production (25 yrs)* 711 koz/yr
Average annual silver production (25 yrs)* 22.2 Moz/yr
Total copper production (LOM) 22.3 Mt
Total gold production (LOM) 37.2 Moz
Total silver production (LOM) 763 Moz
Mine life +70 years
Stage 1 nominal concentrator throughput 64.0 Mtpa | 175,000 tpd
Stage 3 expanded nominal concentrator throughput 107.0 Mtpa | 293,000 tpd
Heap leach capacity (throughput) 24.0 Mtpa
Josemaria head grade (LOM)
0.29% copper
0.19 g/t gold
1.1 g/t silver
Filo del Sol oxide head grade (LOM)
0.24% copper
0.28 g/t gold
17.9 g/t silver
Filo del Sol sulphide head grade (LOM)
0.39% copper
0.27 g/t gold
4.6 g/t silver
Josemaria average recovery (LOM)
84.4% copper
63.7% gold
58.6% silver
Filo del Sol oxide recovery (LOM)
64.5% copper
56.7% gold
75.6% silver
Filo del Sol sulphide recovery (LOM) 83.4% copper
59.5% gold
55.8% silver
Average operating costs (LOM inc. expansion)
Mining – $2.94/t mined
Concentrator & roaster – $7.80/t milled
Leaching – $11.16/t oxide
Site Services and water – $3.67/t total throughput
Conc. freight - $1.76/t total throughput
G&A – $1.62/t total throughput
Total average annual operating costs (LOM) $2.1 B/yr
Cash cost (LOM net of credits)* $0.74/lb copper
All-in Sustaining Cost (LOM net of credits)* $1.38/lb copper
Stage 1 Sulphide mill and Josemaria mine capital $7.1 B
Stage 2 Filo Oxide capital $3.9 B
Stage 3 Filo Sulphides and mill expansion capital $7.1 B
Sustaining capital including capitalized stripping
and closure costs
$30.3B (over 70 years)
Average annual after-tax free cash flow $2.2 B/yr (25 yrs)
NPV8% (after-tax) $9.5 B (base case)
IRR (after-tax) 14.8% (base case)
*First 25 years of commercial production beginning in the first full year of operations. Peak production over a 10
year average includes years 16 to 25. Cash cost per pound of copper, operating costs per tonne milled, free cash
flow, expansionary capital and AISC per pound of copper are non-GAAP financial measures and sustaining capital
is a supplementary financial measure. Please see "Cautionary Note Regarding Non-GAAP Measures”.
Table 2. Economic Sensitivities, NPV8% ($B) - Leverage to Copper and Gold Price5
Copper /
Gold Price $2,800 (oz) $3,100 (oz) $3,300 (oz) $3,500 (oz) $4,000 (oz) $4,500 (oz)
$3.75/lb $3.1 $4.4 $5.3 $6.2 $8.3 $10.5
$4.00/lb $4.4 $5.7 $6.5 $7.4 $9.6 $11.7
$4.25/lb $5.6 $6.9 $7.8 $8.7 $10.8 $12.9
$4.60/lb $7.4 $8.7 $9.5 $10.4 $12.5 $14.7
$5.00/lb $9.4 $10.7 $11.5 $12.4 $14.5 $16.7
5.25/lb $10.6 $11.9 $12.8 $13.6 $15.8 $17.9
$5.50/lb $11.9 $13.1 $14.0 $14.8 $17.0 $19.1
$6.00/lb $14.3 $15.6 $16.5 $17.3 $19.5 $21.6
Table 3. Economic Sensitivities, IRR (%) - Leverage to Copper and Gold Price5
Copper /
Gold Price $2,800 (oz) $3,100 (oz) $3,300 (oz) $3,500 (oz) $4,000 (oz) $4,500 (oz)
3.75/lb 10.5% 11.5% 12.1% 12.7% 14.2% 15.6%
$4.00/lb 11.4% 12.3% 12.9% 13.5% 15.0% 16.4%
$4.25/lb 12.3% 13.1% 13.7% 14.3% 15.7% 17.1%
$4.60/lb 13.4% 14.3% 14.8% 15.4% 16.7% 18.1%
$5.00/lb 14.6% 15.5% 16.0% 16.5% 17.9% 19.2%
5.25/lb 15.4% 16.2% 16.7% 17.3% 18.6% 19.8%
$5.50/lb 16.1% 16.9% 17.4% 17.9% 19.2% 20.5%
$6.00/lb 17.5% 18.3% 18.8% 19.3% 20.5% 21.8%
Deposit Geology and Mineral Resource
The Vicuña Project area of the central Andes encompasses the crest of the ridge along the Chile-Argentina border
and the area eastward into Argentina between the Maricunga belt to the north and the El Indio belt to the south.
5 Economic sensitivities use a silver price of $40/oz.
Regional mineralization in the area is typically related to porphyry and epithermal systems developed during the
Late Oligocene to Miocene compressive stages of Andean arc development. The two major deposits thus far
discovered on the Vicuña Project are the porphyry-epithermal systems of Filo del Sol and Josemaria.
The Filo del Sol alignment is an approximately 8 kilometre (“km”) long, north to northeast trending series of
prospects of mid-Miocene porphyry copper-gold and related epithermal mineralization. The Filo del Sol deposit
lies along the alignment as an elongate 5.4 km long domain of contiguous mineralization across three zones: An
older, more deeply eroded porphyry copper–gold mineralized domain in the Tamberías area; a slightly younger,
partly blind to the surface porphyry copper–gold mineralized intrusions in the Aurora zone in the central domain;
and deeper mineralization along a northeast trend in the Bonita area in the north. The domains together
represent the mineralization around a large hydrothermal breccia centre cored by porphyry intrusions.
The Josemaria deposit area is characterized by a Late Oligocene porphyry copper-gold system, emplaced along a
north-trending structural corridor, to the east of Filo del Sol. The system includes disseminated porphyry style
mineralization that also saw extreme telescoping and overprinting of the porphyry domain by advanced argillic
alteration and related high -sulphidation mineralization. The reconstituted copper mineralization was upgraded
in these tele scoped domains, which were then additionally enriched through supergene processes when the
high-grade part of the system was exposed to surface in modern times.
Vicuña Mineral Resource Highlights
• One of the world’s largest copper, gold, and silver resources6
o Contained copper of 14 Mt M&I and 32 Mt Inferred.
o Contained gold of 36 Moz M&I and 61 Moz Inferred.
o Contained silver of 729 Moz M&I and 1,051 Moz Inferred.
• Compared to the previous Mineral Resource estimate (see news release dated May 4, 2025), contained metal
at Vicuña increased by approximately 2 3% for copper, 20% for gold, and 21% for silver, reflecting growth
across Measured, Indicated, and Inferred resource categories.
The table below summarizes the Mineral Resource estimates for Filo del Sol and Josemaria deposits effective as
of October 31, 2025 on a 100% basis . Additional important information is included in the notes following this
news release. Table totals may not summate correctly due to rounding.
Table 4. Vicuña Mineral Resource Estimate
100% basis
Type Category Tonnes (Mt) Cu (%) Au (g/t) Ag (g/t) Cu (kt) Au (Moz) Ag (Moz)
Filo del Sol
Sulphide
Measured - - - - - - -
Indicated 1,733 0.46 0.34 6.0 8,031 19.2 336
M&I 1,733 0.46 0.34 6.0 8,031 19.2 336
Inferred 8,721 0.34 0.18 2.9 29,683 51.5 823
Filo del Sol
Copper Oxide
Measured - - - - - - -
Indicated 467 0.32 0.27 2.5 1,474 4.1 38
M&I 467 0.32 0.27 2.5 1,474 4.1 38
Inferred 431 0.23 0.20 2.2 982 2.7 30
Filo del Sol
Gold Oxide
Measured - - - - - - -
Indicated 301 - 0.25 2.7 - 2.4 26
M&I 301 - 0.25 2.7 - 2.4 26
Inferred 711 - 0.18 3.0 - 4.1 69
Filo del Sol
Silver Oxide
Measured - - - - - - -
Indicated 71 0.36 0.36 119.7 254 0.8 272
M&I 71 0.36 0.36 119.7 254 0.8 272
Inferred 95 0.08 0.14 35.1 75 0.4 108
Josemaria Measured 648 0.33 0.25 1.2 2,143 5.2 25
6 Based on rankings from S&P Global, including the Filo del Sol and Josemaria deposits.
Indicated 961 0.25 0.15 1.1 2,436 4.5 33
M&I 1,609 0.28 0.19 1.1 4,579 9.7 58
Inferred 683 0.22 0.11 1.0 1,515 2.5 22
Vicuña
District
Measured 648 0.33 0.25 1.2 2,143 5.2 25
Indicated 3,533 0.34 0.27 6.2 12,195 30.9 704
M&I 4,181 0.34 0.27 5.4 14,338 36.1 729
Inferred 10,641 0.30 0.18 3.1 32,255 61.3 1,051
Notes:
1. CIM (2014) definitions were followed for Mineral Resources.
2. Mineral Resources are reported on a 100% basis, in situ Mineral Resources are not Reserves do not have demonstrated economic viability .
The Project is a 50:50 joint arrangement between Lundin Mining and BHP Canada. Lundin Mining’s attributable interest in the Mineral
Resource estimate is 50%.
3. The Qualified Person for the Filo del Sol estimates is Mr. Luke Evans, M.Sc., P.Eng., an SLR Consulting (Canada) Ltd. employee. The
Qualified Person for the Josemaría estimate is Mr. Sean D. Horan, P.Geo., a Resource Modelling Solutions Ltd. employee.
4. Mineral Resource estimates for Filo del Sol were constrained within a pit shell with pit slope angles of up to 45 o. Metal prices used were
US$4.60/lb. copper, US$2,875/oz gold, and US$32.50/oz silver. Net smelter return (NSR) cut -off values and metallurgical recoveries varied by
zone, and included:
• Gold Oxide: 73% gold; 63% silver recoveries with an NSR cut -off value of US$10.68/t;
• Copper and Silver Oxide: 67% copper, 63% gold, and 78% silver recoveries with an NSR cut -off value of US$16.58/t;
• Sulphide: 78% copper, 62% gold, and 62% silver recoveries with an NSR cut -off value of $9.84/t.
• Mining cost: $1.64/t (base cost at 4885 m) + incremental costs of $0.049/t/bench below and $0.031/t/bench above
• Processing cost: $7.78/t (gold oxide); $14.13/t (copper and silver oxides); $4.74/t (sulphide)
• Water cost: $2.19/t processed
• Tailing cost: $0.19/t processed
• G&A cost: $1.64/t processed
• Stockpile reclaiming cost: $0.79/t reclaimed
• ROM hauling cost: $0.36/t processed (gold oxide)
• Sustaining mining cost: $0.33/t mined
• Sustaining tailing & mill cost: $1.09/t processed
• Refining costs: $0.07/lb. (copper); $5.0/oz. (gold); $0.5/oz. (silver)
• Treatment costs: $70.0/dmt
• Royalties: 3.0% of gross payable revenue
5. Mineral Resource estimates for Josemaría were constrained within a pit shell with pit slope angles of up to 45 o. Metal prices used were
US$4.60/lb. copper, US$2,875/oz gold, US$32.50/oz silver and an NSR cut -off value of US$9.59/t. Other inputs included average
metallurgical recoveries of 82%, 60% and 56% for Cu, Au and Ag respectively
• Mining cost: $1.86/t (base cost at 4535 m) + incremental costs of $0.049/t/bench below and $0.031/t/bench above
• Water cost: $2.19/t processed
• Processing cost: $4.48/t processed
• Tailing cost: $0.19/t processed
• G&A cost: $1.64/t processed
• Sustaining mining cost: $0.33/t mined
• Sustaining tailing & mill cost: $1.09/t processed
• Refining costs: $0.07/lb. (copper); $5.0/oz. (gold); $0.5/oz. (silver)
• Treatment costs: $70.0/dmt
• Royalties: 3.0% of gross payable revenue
Figure 1. Longitudinal section through Filo del Sol Mineral Resource block model. Filo del Sol Mineral
Resource has been defined over a total area of 10 square km, with an approximate surface area of 6.5 km by 1.5
km.
Figure 2. Cross section of the Filo del Sol deposit. Highlighting the high-grade core and the increase in Mineral
Resource.
Mineral Resource Expansion
The updated Mineral Resource estimate for the Vicuña Project, effective October 31, 2025, reflects meaningful
growth in the resource base, primarily at the Filo del Sol deposit. Changes relative to the previous estimate are
driven mainly by new drilling at Filo del Sol, which supported both resource expansion and conversion to higher
confidence categories, together with updated metal price assumptions and cut-off criteria applied in the PEA.
No new drilling was incorporated at Josemaría. Changes to the Josemaría Mineral Resource are attributable to
updated metal prices and cut-off assumptions.
An ongoing drill program at Filo del Sol is focused on continued resource conversion, key mine-site condemnation
drilling, and the collection of geotechnical and geometallurgical data to support ongoing technical studies.
Mining
Mining is to be carried out using conventional open pit techniques. The two deposits (Filo del Sol and Josemaria)
will share a common fleet of 360 tonne haul trucks, electric rope shovels, hydraulic shovels, and large loaders.
The mine design for both pits is based on 15 m benches (often double benching), with slope angles ranging from
33 to 45 degrees. Mining is planned to be done in several phases within the two deposits. In the conceptual mine
plan, Josemaria is mined for the first 6 years targeting higher grade material to the mill during the earlier years
and/or delaying waste stripping until later years. Mill feed grade averages 0. 40% copper, 0.31 g/t gold and 1.41
g/t silver over the first 6 years (Josemaria deposit).
The initial mine life is 70 years with upside potential through regional exploration and identification of
materialization along strike and to the east and west edges of the pit. The Company believes there are additional
opportunities to further extend mine life by exploration.
Mine planning and scheduling were engineered to feed up to 64.0 Mt per year of Josemaria mineralization to the
process plant . Upon commissioning of the Filo del Sol’s district leaching facilities, mini ng at Filo del Sol will
commence, increasing the total mine movement at the Project to 300 Mt of material mined per year. Once Filo
del Sol sulphide mineralization becomes higher grade than Josemaria, Josemaria mineralization will be deferred
to the end of the mine life.
The Study outlines an average production profile of 400,000 tonnes of copper, 700,000 ounces of gold and 22
Moz of silver over a 25-year period with annual peak production estimates of 580,000 tonnes of copper per year,
1.1 Moz of gold per year and 56 Moz of silver per year.
Figure 3. Production profile by mineralization type
Table 5. Production Profile
Year 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 - 2054 2055 - 2100
Concentrator
Feed (Mt) 36 55 64 64 64 64 64 64 96 107 107 107 107 107 107 1,070 4,674
Copper Grade (%) 0.42% 0.45% 0.36% 0.41% 0.38% 0.40% 0.38% 0.41% 0.33% 0.34% 0.38% 0.34% 0.39% 0.44% 0.50% 0.54% 0.32%
Gold Grade (g/t) 0.4 0.4 0.3 0.3 0.3 0.2 0.3 0.3 0.4 0.3 0.3 0.3 0.3 0.3 0.4 0.3 0.2
Silver Grade (g/t) 2.0 1.4 1.2 1.6 1.4 1.2 2.3 3.6 4.3 7.9 4.2 3.1 5.9 7.0 6.0 8.9 2.6
Copper Recovery (%) 77% 81% 83% 85% 84% 83% 79% 80% 81% 82% 83% 82% 82% 84% 85% 85% 83%
Gold Recovery (%) 67% 67% 67% 67% 66% 67% 54% 54% 57% 58% 59% 57% 58% 60% 61% 62% 59%
Silver Recovery (%) 63% 63% 60% 63% 62% 64% 47% 48% 51% 53% 55% 52% 53% 57% 59% 59% 54%
Copper Recovered (kt) 115 200 195 223 204 213 191 207 255 296 334 294 342 392 455 4,899 12,445
Gold Recovered (koz) 325 458 419 451 344 303 350 384 617 677 684 555 552 657 763 7,280 18,981
Silver Recovered (Moz) 1.4 1.6 1.5 2.0 1.8 1.5 2.2 3.5 6.7 14.4 7.8 5.5 10.8 13.6 12.0 181.8 208.3
Heap Leach
Feed (Mt) - - 12 24 24 24 24 24 24 24 14 15 24 24 14 170 218
Copper Grade (%) - - 0.26% 0.29% 0.45% 0.44% 0.34% 0.41% 0.32% 0.20% 0.35% 0.30% 0.06% 0.18% 0.21% 0.19% 0.22%
Gold Grade (g/t) - - 0.5 0.5 0.3 0.3 0.3 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.2 0.2 0.2
Silver Grade (g/t) - - 6.4 17.6 26.9 87.3 41.9 63.5 28.9 32.7 4.6 3.2 76.1 17.1 13.5 5.2 5.1
Copper Cathode
Recovery (%) - - 69% 71% 72% 67% 52% 60% 58% 57% 67% 61% 22% 47% 53% 44% 48%
Gold Recovery (%) - - 53% 55% 55% 55% 56% 57% 56% 55% 63% 62% 54% 54% 63% 58% 58%
Silver Recovery (%) - - 73% 75% 75% 77% 77% 77% 76% 75% 78% 76% 77% 73% 78% 70% 65%
Copper Recovered (kt) - - 23 53 84 78 52 68 52 32 36 31 6 25 18 178 281
Gold Recovered (koz) - - 111 193 135 129 143 171 167 152 84 84 135 120 63 734 975
Silver Recovered (Moz) - - 1.8 10.1 15.6 52.0 24.8 37.7 17.0 19.0 1.6 1.1 45.1 9.4 4.7 20.4 25.7
Total Copper Recovered (kt) 115 200 218 276 287 291 244 276 307 329 370 325 347 417 473 5,077 12,726
Total Gold Recovered (koz) 325 458 531 643 479 432 494 555 784 829 768 639 687 778 825 8,014 19,956