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Santo Domingo project

Sector: Metal • Location: Diego de Almagro, Region III, Chile

Source: Financial Conduct Authority (FCA)

ProjectPrivate

Acquisition of gold stream from the Santo Domingo copper-iron-gold mining project near Diego de Almagro, Region III, Chile. Wheaton Precious Metals will pay an upfront cash consideration of US$290 million for 100% of payable gold production until 285,000 ounces are delivered, then 67% thereafter. The project is fully permitted with an estimated 18-year mine life and first full production forecast

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Project Information

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The project “Santo Domingo project” is an infrastructure initiative in the Metal sector, located in Diego de Almagro, Region III, Chile. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

Description

Acquisition of gold stream from the Santo Domingo copper-iron-gold mining project near Diego de Almagro, Region III, Chile. Wheaton Precious Metals will pay an upfront cash consideration of US$290 million for 100% of payable gold production until 285,000 ounces are delivered, then 67% thereafter. The project is fully permitted with an estimated 18-year mine life and first full production forecast for 2024.

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