As I have mentioned before, projects in Chile are facing some major challenges. Capstone Mining just announced that they are delaying their Santo Domino project until cheaper power becomes available.

From Capstone:

"The Bankable Feasibility Study was originally targeted for completion in the first quarter of 2013. However, given the current state of the electricity market in Chile, reasonable rates for electric power are not expected to be available until 2017-2018, so Capstone has chosen to slow the project timeline to more closely align with power availability. The revised date for completion of the study will be the first quarter of 2014 and will incorporate a number of optimizations and trade-off studies. At the same time, indications are that the build time for the project will be 24 months. As a result, the targeted start up for the project is now mid-2017 at the earliest, but will be continually evaluated to align with any developments in the Chilean power supply."