Rio2 is crushing it in South America, raking in over 13K ounces of gold, 75K ounces of silver, and 9.3 million pounds of copper — translating to $76M in earnings before expenses. The Condestable mine in Peru is the steady engine, processing 700K tonnes and backed by 14 years of reserves, while Fenix in Chile, the growth star, is on track for full production by year-end despite weather hurdles. Both sites are getting drilled aggressively to boost resources and processing efficiency, with Rio2 sitting on nearly $50M cash — a powerhouse setup in Latin American mining.
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