"At San Gabriel, we reached a capex of nearly US$140 million, and for 2024 we estimate investing close to US$200 million. We expect to complete construction in 2025 and obtain the first gold bar by the end of that year."
VICE PRESIDENT SOUTH AMERICA AND USA, HUDBAY MINERALS
"In Peru, we emphasize that Constancia is not the endpoint but the starting point. We have a significant interest in the development of Maria Reyna and Caballito.."
"If the authorities inform us that we can start the development of our projects tomorrow, rest assured that we will assemble teams with the best professionals in both the productive, social, and environmental areas to achieve benefits for all."
"We are finalizing the technical details and drafting of the EIA for Condestable, which will include, among a few changes in some components, a production increase to 10,000 t/d."
"We progressed on the development of our New Innovative Products (NIP), which are complex generics developed using in-house proprietary technology platforms."
"The super peso has been a major challenge for importers and exporters. However, paints manufacturers have benefitted from relatively lower raw material costs."
Latam North and Caribbean Mining 2025 - Digital Interactive
A convergence of high-commodity prices and low valuations, on the back of a structural deficit in exploration and discoveries, has set the perfect scene for increased M&A. The leverage is particularly high for acquisitions in Latam North and the Caribbean, where stocks do not command the high premiums of tier-one jurisdictions. But M&A is only a quick fix to the global resource replenishment crisis.