Chalcobamba copper project, Peru
Name of the Project
Chalcobamba copper project.
Location
The Chalcobamba pit is located about 4 km north-west from the Las Bambas process plant near the community of Huancuire, in Peru.
Project Owner/s
MMG.
Project Description
The Chalcobamba pit will be developed using openpit mining methods, with associated waste dumps to be commissioned progressively over five months.
Ore will be transported by haul truck for about 13 km downhill to the existing crushing and conveying plant near the Ferrobamba pit.
The development of the Chalcobamba deposit is expected to underpin a production increase at Las Bambas to about 380 000 t/y to 400 000 t/y of copper in concentrate in the medium term.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
First production from Chalcobamba is expected during the second half 2022.
Latest Developments
The Peru Ministry of Energy and Mines granted regulatory approval for the development of the Chalcobamba pit and associated infrastructure in March 2022.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
MMG, tel +61 3 9288 0888, email investor enquiries investorrelations@mmg.com or media enquiries CorporateAffairs@mmg.com.
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