LATIN AMERICA — Tuina running smoothly: Mahogany

Startup troubles at the Tuina copper mine in northern Chile, which went into operation in March, have been rectified, International Mahogany (TSE) reports.

Direct operating costs at the project, which is benefitting from stronger copper prices, are within the projected budget of US57 cents per lb., Mahogany and project partner North Lily Mining (NASDAQ) say.