Chariot holds "positive" public hearing on Mina Justa - Peru

Toronto-based Chariot Resources (TSX: CHD) has held a public hearing required as part of the environmental and social impact assessment (ESIA) for its 70%-controlled Mina Justa copper project in Peru, with a positive reaction from the community at San Juan de Marcona, according to the company.
A 30-day period is in place for any additional comments or observations by the public, after which the ESIA will move to the final government approval stage. The energy and mines ministry is in charge of the review process.
"We are pleased and reassured that our work in identifying and working with the various interest groups, together with regular communication meetings within the community, have had a positive impact and that we have advanced our ESIA to [the] next stage of the approval process," Chariot CEO Ulli Rath said in a statement.
Based on the original feasibility study, Mina Justa would produce 481,596t of copper cathode and 598,801t of copper in concentrates over an 11.5-year life, with startup capex of US$576mn. Ongoing optimization studies have shown that life-of-mine production could be increased by 427Mlb (193,865t).
Chariot is also making efforts to sell the company.