RE:AND THE SECOND STAGE?Isn't it strange,RIO already has an open pit mine,has been mining since 2010,local opposition,NONE that is obvious,see their website,new schools,and facilities, bought by RioAlto,see also their mine,open cast! How about 50,167 oz of gold produced in their 3rd 1/4 and estimates of ~212,000 oz's to be produced in year 2013,no! They are making money even at todays low prices because they keep their costs in line! Good management with this company. Even more good news,Rio expects to connect to the Peruvian national electric grid ~mid 2014,more cost reduction less diesel fuel costs. JASMTS