High Quality
Competitive Mines

Our operational success is supported by a strong safety culture focused on operational excellence and continuous improvement.

2023 Production Guidance (100% basis)

Copper (t) 296,000  - 325,000
Zinc (t) 180,000 - 195,000
Gold (oz) 140,000 - 150,000
Nickel (t) 13,000 - 16,000
Molybdenum (t)    1,500 - 2,000

Including H2 2023 Caserones Guidance

 

YTD 2023 Sales by Metal

  • Candelaria 2023 Guidance

    • Dump Truck
      145,000 – 155,000 t of copper
      85,000 – 90,000 oz of gold
      Production (100% basis)
    • Coins
      $1.80/lb - $1.95/lb of copper C1 Cash Costs1
    • Cash Arrows
      $375M Capex (100% basis)
    • Worker
      $12M Exploration (100% basis)
  • Caserones H2 2023 Guidance

    • Dump Truck
      60,000 – 65,000 t of copper
      1,500 – 2,000 t of molybdenum
      Production (100% basis)
    • Coins
      $2.30/lb - $2.45/lb of copper C1 Cash Costs1
    • Cash Arrows
      $110M Capex (100% basis)
  • Chapada 2023 Guidance

    • Dump Truck
      43,000 – 48,000 t of copper
      55,000 – 60,000 oz of gold
      Production
    • Coins
      $2.35/lb - $2.55/lb of copper C1 Cash Costs1
    • Cash Arrows
      $70M Capex
    • Worker
      $8M Exploration
  • Eagle 2023 Guidance

    • Dump Truck
      13,000 – 16,000 t of nickel
      12,000 – 15,000 t of copper
      Production
    • Coins
      $2.30/lb - $2.45/lb of nickel C1 Cash Costs1
    • Cash Arrows
      $20M CAPEX
    • Worker
      $4M Exploration
  • Neves-Corvo 2023 Guidance

    • Dump Truck
      33,000 – 38,000 t of copper
      100,000 – 110,000 t of zinc
      Production
    • Coins
      $2.10/lb - $2.30/lb of copper C1 Cash Costs1
    • Cash Arrows
      $130M Capex
    • Worker
      $7M Exploration
  • Zinkgruvan 2023 Guidance

    • Dump Truck
      80,000 – 85,000 t of zinc
      3,000 – 4,000 t of copper
      Production
    • Coins
      $0.45/lb - $0.50/lb of zinc C1 Cash Costs1
    • Cash Arrows
      $70M Capex
    • Worker
      $6M Exploration
  • Josemaria Project 2023 Guidance

    • Cash Arrows
      $350M Capex
YTD 2023 Sales by Mine

1These are non-GAAP measures. Please refer to the Company’s Management’s Discussion and Analysis for the year ended December 31, 2022 “Non-GAAP and Other Performance Measures”, for the GAAP reconciliation. 

Exploration

Reserves & Resources

Guidance & Outlook