Kinross to invest $225 million in the La Coipa project in Atacama

Canadian miner Kinross Gold announced the reopening of the La Coipa project, moving forward with its phase 7 in the Atacama Region. The project, beginning with pre-stripping stage at the end of 2020, will have an initial capital investment of ca. $225 million and it is estimated that it will generate up to 700 jobs in the development stage and up to 1,000 during the year of maximum activity of operation. The project is expected to produce 690 thousand ounces of gold.

Source: Emol