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Lobo Marte Gold Mine Development

Sector: Water Supply and Storage • Location: Atacama, Chile

Source: Geomechanics.io

Project
Planned

Kinross Gold will invest $3 billion to develop the Lobo Marte project in Chile’s Atacama region. The project is a 22-year, 2,312-hectare mining operation at 4,200 metres elevation designed for about 35,000 tonnes per day of ore and 4.7 million recoverable ounces of gold at 1.29 g/t. It includes sequential open pits at Marte and Lobo, a primary crusher, heap leach facility, water supply from existi

Status
Prospective
Sector
Water Supply and Storage, Road
Location
Atacama, Chile
Updated
22 Jul 2026
Source
Geomechanics.io

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Project Information

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The project “Lobo Marte Gold Mine Development” is an infrastructure initiative in the Water Supply and Storage sector, located in Atacama, Chile. Taiyo aggregates data on it from Geomechanics.io.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Kinross Gold will invest $3 billion to develop the Lobo Marte project in Chile’s Atacama region. The project is a 22-year, 2,312-hectare mining operation at 4,200 metres elevation designed for about 35,000 tonnes per day of ore and 4.7 million recoverable ounces of gold at 1.29 g/t. It includes sequential open pits at Marte and Lobo, a primary crusher, heap leach facility, water supply from existing wells, and a new 220 kV transmission line tied to upgraded regional roads. Construction is planned for 2027–2030 with district integration with the nearby La Coipa mine.

Original sector

Mining

Budget

Location

Country

Chile

State

Atacama

Source

Source

Geomechanics.io

URL

More Details

Record type

Project

Sector

Water Supply and Storage, Road

Article published date

2026-05-29

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