Rio2 Ltd reports strong second-quarter performance, producing 13,539 ounces of gold and 9.3 million pounds of copper from its operations in Chile and Peru. The company says it generates EBITDA of US$76.2 million for the quarter.
The outlets describe the result as driven by two mines. One focus is Rio2’s Fenix gold mine, which the business coverage says is ramping up output. Another focus is the Condestable copper mine, which some reports describe as providing cash as copper production continues. Across all accounts, the headline figures—gold ounces, copper pounds, and EBITDA—are consistent, with differences mainly in emphasis on which mine contributes most to the quarter’s performance.
