{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Marimaca Copper (TSX:MARI) - Permitting and DFS Timeline to Fast-Track Copper Production by 2026","html":"","width":"100%","height":180,"duration":800,"description":"Interview with Hayden Locke, President & CEO of Marimaca Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/marimaca-copper-tsxmari-why-mitsubishi-corporation-is-betting-big-on-copper-with-marimaca-3954Recording date: 1st November 2023Marimaca Copper offers investors scarce exposure to a near-term construction-ready copper project, with permitting and a definitive feasibility study already underway. The company is rapidly advancing its Marimaca project, located in Antofagasta, Chile, aiming for first production in 2026-2027.Chile's copper mining heartland provides the ideal jurisdiction for Marimaca to bring its maiden mine into production. Major miners like BHP and Anglo American have successfully operated there for years. While rigorous, Chile's permitting process is well-established and transparent.To fast-track permitting and de-risk development, Marimaca has appointed Chilean engineering firm Ausenco. Their recent experience building the Mina Justa copper mine will be invaluable. Ausenco is also leading the definitive feasibility study, which will optimize the mine plan and processing flowsheet.Importantly, preliminary studies reveal that Marimaca will be a financially robust project. By focusing only on the highest grade zones, capital intensity has been minimized. All-in-sustaining costs are forecast between $1.75-$2.15/lb, ensuring healthy margins at current and expected copper prices.Marimaca's straightforward open-pit mining and conventional copper processing also lend themselves to low operating costs. The economics should attract debt financing while limiting equity dilution.Keen to maintain momentum, Marimaca has front-loaded permitting activities, targeting submission in mid-2023. Approval is expected within 12 months, though further assessments could add up to one year. This timeline aligns first production with a forecast uptick in the copper market.To oversee this rapid development schedule, Marimaca has recruited Chilean...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}