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HomeBusiness NewsRio2 banks US$50m from Wheaton to fuel Chilean mine build

Rio2 banks US$50m from Wheaton to fuel Chilean mine build

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In its first 12 years, Fenix is forecast to churn out around 91,000 ounces of gold per annum at 0.54g/t, before averaging 82,000 ounces a year across the mine’s 17-year life.A feasibility study completed in 2023 pegged the after-tax value of the project at US$210 million (A$323 million) based…


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