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Río Blanco (Cu) Suspended

Project Stages

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Early Works
Current Stage: Environmental & Social evaluation
Start: 08/2007
In Construction
Operation
Project Details

Description

Rio Blanco is a porphyry copper deposit which is situated at the northern end of the Peruvian copper-gold belt. The resources have been estimated (at a 0.4% Cu cut-off grade) at 1,257Mt at 0.57% copper and 228ppm molybdenum. There is also potential to expand the resource further by additional drilling. A detailed feasibility study considers an open pit mining operation treating 25Mt/y of ore over an initial 20-year mine life. This is based on proven and probable reserves of 498Mt at 0.63% copper and 216ppm molybdenum. The project will require the construction of 25km of new road, the upgrade of 176km of existing roads and the erection of a 220kV power line to connect the project to Peru's national grid (a distance of 200km). Storage and loading facilities will be constructed at the port of Bayovar on the Pacific coast, some 800km north of Lima, which is well placed for shipping the concentrates to smelters throughout the world.

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Principal Works

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Related Companies

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Key Specs

Full Name
Río Blanco (Cu)
Project Type
Copper, Molybdenum, Open pit mining
Development Phase
Environmental & Social evaluation
Project Status
Suspended
Project Capacity
191  t/y (tons per year)  Copper
1,800  t/y (tons per year)  Molybdenum
 Open pit mining
Investment
US$ 2.5bn
Lifespan
32
Location

The deposit lies in the lower Andes (2,200-2,800m above sea level), in the northern end of Peru's Piura department, close to the border with Ecuador.

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


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Owner / operator
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Exploration Manager
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Environment Manager
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