The Lobo-Marte project, in Chile, offers a potential cornerstone asset with an attractive cost profile for Canadian miner Kinross Gold.
The company on Wednesday published the results of a prefeasibility study for Lobo-Marte, which is 50 km from its La Coipa mine, detailing how the openpit operation could produce about 4.5-million gold-equivalent ounces (GEOs) at an average all-in sustaining cost (AISC) of $745/GEO, over a 15-year mine life.