Rio2 Limited is acquiring the Condestable copper-producing mine in Peru, transforming the company into a producer of precious and base metals. Credit: File Rio2 Limited (TSX: RIO) is acquiring the Condestable copper-producing mine in Peru for a total of US$217 million (A$327M), instantly transforming the company from a single-asset Chilean gold developer into a diversified Latin American precious-and-base-metals producer, with immediate cash flow. Under the deal signed with

An overhead view of Rio2 Limited’s Fenix Gold project in Chile’s Atacama region, which is nearing the end of its construction phase. Credit: File Canadian-listed Rio2 Limited (TSX: RIO) has closed the book on its funding deal with global streaming giant Wheaton Precious Metals after banking a final US$50 million (A$77m) tranche to power ahead with mine construction at its flagship Fenix Gold project in Chile’s Atacama Desert. The latest payment marks the fourth and final dep

Rio2 Limited’s adsorption-desorption-recovery (ADR) plant with the pregnant leach pond in the background at the company’s Fenix Gold project in Chile is nearing completion. Credit: File Rio2 Limited (TSX: RIO) has picked up the pace at its flagship Fenix Gold project in Chile’s Atacama Region, revealing that the final mine build phase is well and truly underway. With construction pegged at 63 per cent complete as of the end of September, the new mine remains firmly on track f

Rio2 Limited has snapped up 15 per cent of Royal Road Minerals to gain exposure to the company’s geographically diverse projects,...

Rio2 Limited, in conjunction with water distributors, is exploring the potential for a constant supply of desalinated water to its Fenix...

Site works are underway at Rio2’s Fenix Gold Project in Chile’s famed Maricunga gold belt, where the company has a massive...

Rio2 Limited’s Fenix gold project hosts 4.8M ounces of gold. View south from the project’s Fenix Central zone. Credit: File Vancouver and...

Construction is 19 per cent complete and on budget at Rio2’s Fenix Gold project in Chile. The assembly of the adsorption-desorption-recov...

Rio2 Limited has completed the site camp at its Chilean Fenix gold project as it prepares to complete construction of its...

The planned site of Rio2 Limited’s massive 4.8-million-ounce gold heap leach project in Chile’s famed Maricunga gold belt. Heap leach...