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Royalty sold as cost and value of Hot Chili's Costa Fuego emerges

SCOPING work by Hot Chili points to US$1.05 billion being needed to build a copper-gold project in Chile with a post-tax net present value of $1.1 billion.

Michael Quinn
Royalty sold as cost and value of Hot Chili's Costa Fuego emerges

Numbers used in estimates for the Costa Fuego project include copper and gold price assumptions of US$3.85 per pound and $1750 per ounce respectively. Payback is put at 3.5 years and the internal rate...

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