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Cerro Vanguardia Expansion (Operating)

Project Stages

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Early Works
In Construction
Operation
Current Stage In production
Project Details

Description

The Cerro Vanguardia gold-silver project consists of 17 open pits located inside a 25km radius and producing 80% silver and 20% gold. The expansion program called for switching to underground mining from open-pit mining methods at high-stripping open-pit reserves. Ore is processed by cyanidation and CIL to produce doré metal bars. Heap leaching is expected to begin by early 2011. More than 1,500 workers during the construction phase. Some 1,000 direct and indirect workers are currently being employed to operate the mine. The mine is run by Cerro Vanguardia.

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Principal Works

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  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

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Key Specs

Full Name
Cerro Vanguardia Expansion (Operating)
Project Type
Gold, Silver, Underground mining
Development Phase
In production
Project Status
Active
Project Capacity
200,000  oz/y (ounces per year)  Gold
2  oz/y (ounces per year)  Silver
 Underground mining
Investment
US$ 270mn
Completion Date
2010
Lifespan
16
Location

Cerro Vanguardia is located in Santa Cruz province in Argentina's Magallanes department, 150km north-east of San Julián.

* The map coordinates provided above represent the approximate latitude and longitude, and not the exact location, of the project in question.

 


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