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Los Calatos

Project Stages

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Early Works
Current Stage: Prefeasibility
Start: 05/2014
In Construction
Operation
In production
Start:12/2018
Project Details

Description

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).

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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
Los Calatos
Project Type
Copper, Molybdenum, Open pit mining, Underground mining
Development Phase
Prefeasibility
Project Status
Active
Project Capacity
83,000  t/y (tons per year)  Copper
 Molybdenum
 Open pit mining
 Underground mining
Investment
US$ 1.51bn
Completion Date
2018
Lifespan
40
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 represent the approximate latitude and longitude, and not the exact location of the project.


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