Project Profile

Santander Polymetallic Mine

Get all the information on the Santander Polymetallic Mine, a Mining & Metals project. Connect with the contracted companies and their key contacts, track the project stage and milestones, read related news and more. Some issues around this topic are: Change in Ownership, Cancelled project, Gold, Subproject, Underground mining, Silver, Suspensions, Change in Schedule, Zinc, Project topics, Contract Awarded, Financing, Lead, New Stage and New Investment amount. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Change in Ownership Cancelled project Gold Subproject Underground mining Silver Suspensions Change in Schedule Zinc Project topics Contract Awarded Financing Lead New Stage New Investment amount

Description: Vancouver-based Trevali acquired Santander, a zinc-lead-silver mine located in Peru that had previously operated from 1958 to 1991, in 2005. It commenced exploration at the mine in November 2007, and has discovered three deposits (Magistral North, Magistral Central and Magistral South) on the property. A total of 61 drill holes have been completed during 2009-2010 for a total of 12,500m. Trevali Resources signed on September 2010 the definitive legal agreement with Glencore International's Peruvian subsidiary, Empresa Minera Los Quenuales, for the development, construction and operation of Santander. Under the agreement Glencore will build and operate Santander and buy 100% of the mine's production. Total production is estimated at 8M/t during a 35 year mine life. Indicated and inferred resources total 534Mlb zinc, 174Mlb lead, and 7.8Moz silver. The project has been added to our Project Profile database, despite pertinent investment information being currently unavailable, as Business News Americas anticipates that it will bring substantial social and economic benefits to the area in question.

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Role: Owner

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Role: Concessionaire/Operator

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Role: Constructor

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