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The Quechua copper exploration project involves the construction of drill rigs over a three-year period. Compañía Minera Quechua S.A. expects to produce 75,000 metric tons of fine copper. Quechua is expected to require an investment of US$490mn and produce 1.30Mt of copper in concentrate, or 76,000t/y, over its 17-year life. The project is slated to produce 62 jobs during the exploration period. Compañía Minera Quechua is a subsidiary of Japan's Pan Pacific Copper, established in 2008. Pan Pacific Copper is owned by JX Nippon Mining & Metal (66%) and Mitsui Mining & Smelting (34%).

Full Name Quechua
Project Type Copper
Development Phase Exploration
Project Capacity 60,000  t/y (tons per year)  Copper
Investment US$ 490mn
Lifespan 17
Completion Date 2015

Quechua is located in Espinar in Peru's Cuzco department. The elevation of the property range from about 4,000m to 4,600m above sea level.

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


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