Piedras Verdes Mine Supplies
A 14.8 km long, 115 kV power line connects the Comisión Federal de Electricidad (Federal Electricity Comission, “CFE”) grid to the mine owned and maintained.
Cobre del Mayo has 10 titled water concessions that grant access to water resources that currently exceed the consumption requirements at the mine.
For eight to nine months of the year, the climate is arid to semiarid. Nightly low temperatures in December and January range between 5°C and 8°C. Daily.
Mexico is a member of the Organization for Economic Co-operation and Development (“OECD”) and the World Trade Organization and has free trade agreements in place with over 40 countries. Mexico is a stable mining jurisdiction with a modern legal and regulatory framework. We believe these factors differentiate Mexico from other major copper producing countries that have, at times, experienced greater economic, political, labor relations and similar risks.