Coroccohuayco project, Peru – update

Antapaccay mine
Photo by Glencore
Name of the Project
Coroccohuayco project.
Location
Espinar, Cusco, Peru.
Project Owner/s
Diversified natural resources company Glencore, through its controlled Peruvian entity Antapaccay. Glencore lists a 100% project interest.
Project Description
The brownfield copper project is intended to extend the life of the Antapaccay operation and increase copper production. The development includes a new conveyor to the existing Antapaccay mill.
Glencore’s October 2026 compendium lists indicative average life-of-mine production for Coroccohuayco of 148 000 t/y of copper, 53 000 oz/y of gold and 1.5-million ounces a year of silver.
The project is expected to extend Antapaccay’s life-of-mine to more than 40 years.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Indicative project capital expenditure $1.8-billion.
Planned Start/End Date
Glencore’s October 2026 compendium indicates a final investment decision in the first half of 2027. First production is expected in the second half of 2029.
Latest Developments
On October 19, 2026, Glencore announced that Antapaccay had completed access agreements for the final blocks of land required for Coroccohuayco. This followed the receipt of the Modification of the Environmental Impact Assessment approval earlier in 2026. Work will now focus on securing the final permits.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Glencore, tel +41 41 709 2000 or email info@glencore.com.
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