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TSX-listed Rio2 gets US$25m boost to fast-track Chile gold project

Rio2 plans to expand gold production from 20,000 tonnes per day to 80,000 tonnes per day, targeting 250,000-300,000 ounces per year.
Rio2 is discussing cost-sharing for a water pipeline with Kinross Mining, which owns La Coipa gold mine.
The company is focused on meeting social, environmental, and economic responsibility standards in its mining development.
As gold prices rise, Rio2 aims to quickly extract and market gold, positioning itself as a notable junior miner in 2025.

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The Age

+3 Reposted by 3 other sources

Lean Left

TSX-listed Rio2 gets US$25m boost to fast-track Chile gold project

Rio2 Limited has achieved a milestone for its Chilean Fenix gold project by securing a US$25M prepayment. The company aims to start production by year’s end.

3 days ago·Australia

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The Hamilton Spectator

+2 Reposted by 2 other sources

Lean Left

Rio2 Announces Receipt of Second Deposit of US$25 Million From Fenix Gold Stream

VANCOUVER, British Columbia, March 24, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that, further to its news releases dated November 16, 2021, March 29, 2022, and October 21, 2024, it…

4 days ago·Hamilton, Canada

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elcontraste.cl

Find important gold field in Chile: Canada Mining is preparing for millionaire investment - El Contraste

A gold megaproject is being implemented in Chile, where a million-dollar investment is expected after the discovery of a gold deposit in the north. An increase in the price of this important gold material at the beginning of 2025 has produced different exploitation interests. In addition to factors at the international level and an unstable political climate, it has promoted companies to begin to get involved with the search and distribution. Th…

1 day ago

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