Cerro Lindo is an underground copper mine with an average daily production of 20,000 tons. The mine is located in central Peru, 175 kilometers southeast of the capital city of Lima, and operated by Nexa Resources.
Peru Mining News
Sierra Metals has 15 business days to provide a re-evaluation to the authorities to initiate a review process.
The Vancouver-based miner anticipates drilling to begin early in the New Year.
On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.
The deposit is believed to be the largest undeveloped tin resource outside of a producing camp in Peru.
The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.
In the case of Rainbow Mountain, those in favor of conservation appear to have won out.
The Chapitos project is located in the Peruvian Iron Oxide Copper Gold belt.
Results are from the Bongará Zinc Mine located in north-central Peru.
Workers at Chinese company Shougang Group's iron ore mine in Peru will return to work on Wednesday.
The protesters have blockaded the access road directly outside of the main gate of the mine.
Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.
Private equity firm Waterton Global Resource Management, which now owns about 7 percent of Hudbay, called meeting after the Canadian base and precious metals refused a proposal for board changes.
The US miner has agreed to a deal that would give it up to 80% in Solaris' Ricardo property.
Nevada gold mines keep "rocking the boat."
Hochschild Mining Plc on Wednesday raised its annual output target and forecast lower mining costs, as its Inmaculada mine in Peru produced higher grade ore.
India clinches the title for largest zinc mine with Rampura Agucha.
The recently-created Directorate for Mining Promotion and Sustainability will be in charge of identifying the regions with the mining highest potential.
The illegal action saw a group of locals spend seven days blocking the only access to the mine in protest for what they call “repetitive abuse” to community members and increasing pollution of their land and only water source.
About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc.
South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million.
The Canadian miner expects annual production from La Arena mine to be near the low end of its forecast 160,000 to 185,000 ounces of gold.
Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.
The company said five holes had been dug on top of a pipeline carrying a solution of gold and cyanide.
Peruvian President Martin Vizcarra says his government will likely pass laws within six months needed to tap a new lithium and uranium deposit, removing a major hurdle for Canadian miner Plateau Energy Metals' proposed $800 million mine.