Rio2 beefs up Peru copper mine with big resource upgrade
Rio2 Limited announced a substantial upgrade to its Condestable copper-gold mine in Peru on Tuesday, extending its mine life to 2039. The updated report estimates after-tax free cash flow of US$1.15 billion and 82.1 million tonnes of resources. The company plans to expand production and is conducting a significant 46,480-metre drilling campaign.
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Published 24 Jun 2026, 04:53 UTC · Updated 24 Jun 2026, 05:00 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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