TSX:RIOMetals and Mining
Rio2 (TSX:RIO) Is Up 10.7% After Buying Condestable Mine And Nearing Fenix Gold Output – Has The Bull Case Changed?
Rio2 Limited recently agreed to acquire Southern Peaks Mining’s 99.1% interest in the Condestable underground copper mine in Peru and reported that construction of its 100%-owned Fenix Gold Project in Chile was 80% complete at the end of November 2025, with first gold production targeted for January 2026.
The combination of adding a producing copper asset in a major mining jurisdiction and nearing initial output at Fenix Gold marks a significant shift toward becoming a multi-asset,...