The Los Calatos project is located in southern Peru, near and in a similar geological setting to three large operating copper-molybdenum mines, Cuajone, Toquepala and Cerro Verde. The project, which covers an area of 275km2, has been designated a project of national interest by the Peruvian government, which enables Hampton Perú (a 100% held subsidiary of Metminco) to acquire surface title for infrastructure by direct purchase from the state. In addition, there is no competing land usage, seawater is planned to be used for metallurgical processing purposes and power costs are low by comparison to similar operations in Chile. A total mineral resource (measured, indicated and inferred mineral resource categories) of 1.42Bt at 0.47% copper and 0.022% molybdenum has been estimated. According to a mining scoping study, the preferred mining scenario comprises a combination of an open pit with a life of seven years and an underground block cave operation with a 24-year life at a mining and processing rate of 21.9Mt/y (60,000t/d). The project is owned by the Australian company Metminco Ltd. and operated by Minera CN S.A.C.
| Full Name || Los Calatos |
| Project Type ||Copper, Molybdenum, Open pit mining, Underground mining |
| Development Phase ||Initial exploration & discovery |
| Project Status ||Active |
| Project Capacity || 83,000  t/y (tons per year) Copper |
Open pit mining
| Investment ||US$ 1.51bn |
| Lifespan ||40 |
| Completion Date ||2018 |
| Location || |
The Los Calatos property is located in southern Peru, Moquegua district, 70km southeast of the city of Arequipa, at an elevation of some 2,900m.
* The map coordinates provided represent the approximate latitude and longitude, and not the exact location, of the project in question.
Only BNamericas Subscribers Can Access This Information.
Subscribe to BNamericas to gain better insight into project development and contract opportunities in Latin America.
- Early-stage and under-development projects throughout the region
- Project coverage focused on biggest investments in each country and sector
- Project milestones highlighting planned and unplanned developments
- Sales contacts within operators and contracted companies
- Access to experienced research staff
- Risk analysis of cost increases, scheduling conflicts and regulatory environment
This project profile is one of hundreds of projects being inputted, updated and researched daily, focusing on major milestones, associated companies and business contacts for active Mining. Including industry-specific information, insight and forecasts for Latin American business opportunities, Business News Americas also focuses on active companies and business and sales contacts , providing networking opportunities with leading executives Contact us today! Phone:+56 (2) 2941-0300