Stream and Terms: | Osisko, through its wholly-owned subsidiary Osisko Bermuda Limited, will purchase 100% of payable silver produced at Mantos Blancos until 19.3 Moz have been delivered, and 40% of payable silver thereafter for the remaining LOM. Osisko Bermuda’s purchase price for each ounce of silver delivered under the stream is equal to 8% of the monthly average silver price. |
Operator: | Visit Capstone Copper for more information |
Primary Commodity: | Copper |
Location: | Antofagasta, Chile |
Reserves and Resources: |
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Production: |
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Catalysts:
- Ongoing ramp-up of Mantos Blancos Phase 1 steady-state operation (expanded throughput of 7.3 Mtpa)
- Phase II expansion to 10.0 Mtpa using underutilized ball mill & processing capacity; Definitive Feasibility Study expected H2 2023
- 2023 brownfield exploration is focused on resource to reserve conversion at Mantos Blancos
More details in the 2023 Asset Handbook
Source: Company disclosure and Osisko management estimates.