Q & A Q & A Highlights
Q: Are you reprioritizing the mining plan in Manitoba to focus on gold zones due to the strong gold price environment? A: Peter Kukielski, CEO: No, we are not prioritizing gold zones. The New Britannia mill is performing well, and we are following the mine sequence, which naturally transitions to more gold-rich areas over time. Improved dilution control is also contributing to better-than-expected grades.
Q: Can you provide insight into the anticipated gold grade for Dexter in Manitoba? A: Andre Lauzon, COO: We are finalizing our budgets for next year, but we expect the gold grade to be similar to this year's range. More clarity will be provided in the future.
Q: Is there a change in the timeline for potential throughput expansion at Constancia? A: Andre Lauzon, COO: We are actively working on increasing throughput, with trials on pebble rejection and engineering for pebble crushers underway. The increased throughput is not a long-term goal but something we are addressing now.
Q: Given Constancia's performance, are you considering scaling up operations beyond the 10% regulatory allowance? A: Peter Kukielski, CEO: We are preparing Constancia for potential future expansions, especially with satellite operations. We are looking at flotation and grinding capacity expansions and considering a third line, contingent on successful exploration at Maria Reyna and Caballito.
Q: Why consider selling a 30% stake in Copper World when you have strong free cash flow? A: Eugene Lei, CFO: We aim to maximize risk-adjusted value for shareholders. Bringing in a partner allows us to build Copper World with lower leverage and provides financial flexibility to allocate capital to other high-return projects in our pipeline.