Equity syndicate, or tollfree at 800 4143627 or by email at. Large scale, longlife mine that benefits from synergies with tintaya average of 160ktpa for 5 years, then 143ktpa over the remaining mine life of at least 22 years overall project 37% complete, detailed engineering 97% complete construction 31% complete. Glencore halfyear production report 2015 1 news release baar, august 2015 2015 halfyear production report highlights. Tintaya open pit copper mine peru mining technology mining. The antamina copperzinc mine is located in the andes mountains of peru, approximately 285km north of lima in the department of ancash. Amphibole and apatite insights into the evolution and mass balance of cl and s in magmas associated with porphyry copper deposits. Franconevada to buy precious metals stream from glencore february 16, 2016. Free cash flow calculated as operating cash flow less sustaining capital expenditures and less interest paid. As i understand it, the tintaya mine has come to the end of its life as an active mine and a new copper mine at antapaccay some kilometres from tintaya has commenced mining operations. Tintaya belongs to xstratas newly formed southern peru division, which also includes the antapaccay, coroccohuayco and las bambas projects. Franconevada closes glencores precious metals stream buy. Given that it is about to run out of reserves, the production area is growing with the new complexes of coroccohuayco and antapaccay, close to the original site.
Xstrata copper plans to complete a feasibility study in the third quarter of 2009 at the antapaccay orebody. Own sourced copper production was down 3% to 730,900 tonnes, reflecting anticipated grade changes at alumbrera and antamina and planned maintenance activities at collahuasi, largely offset by periodonperiod growth from. Antapaccay will benefit from tintaya s administrative and logistical infrastructure, as well as the experience of its. Arequipa cusco cusco matarani imata arequipa cerro verde moquegua 0 tacna 100km las bambas yauri tintaya antapaccay. Glencore in tintaya copper mine in espinar, peru ejatlas. Tintaya azangaro 220 kv transmission line proinversion. Xstrata acquired the tintaya open pit mine, comprising of the antapaccay and the coroccohuayco deposits, from bhp billiton in 2006.
Xstrata specialised in mining, while glencore operated mines but was also a major commodities trader. Pdf amphibole and apatite insights into the evolution and. Antapaccay copper mine mining technology mining news. Pasar 782 owned by glencore since 1999 the only copper. Pasar 782 owned by glencore since 1999 the only copper smelter and refinery in from enc la300 at eastern nazarene college. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Edlc again contacted leigh day, which again sent a legal team to peru to investigate. Xstratas tintayaantapaccay contributions framework talks. An open pit copper mining and processing operation, the tintaya mine is located at an elevation of 4,100. Tintaya cu porphyryskarn deposit glencorexstrata plc. Local farmers soon discovered deformities in sheep, llamas, and alpacas.
It was owned by the swiss corporation xstrata now merged with glencore. The meia antapaccay expansion tintaya projectcoroccohuayco integration includes changes in the components in antapaccay, such as the. Live simple, live free tinyhouse prepper recommended for you. After a massive legal battle, monterrico fully compensated the victims. Glencore peru, es subsidiaria del grupo suizo glencore international plc. Tintaya is an openpit mine, functioning since 1985 and controlled by xstrata since 2006, who later merged with glencore. Feasibility studies completed in the third quarter of 2009 confirmed the potential of the region to. Request a free demo and find thousands of business opportunities in latin america. Their first project encompassed the grouting of 6 soleplates, 1 sag mill and 2 ball mills at the tintayaantapaccay site in peru. The solution project contractor, bechtel, chose five. The mine is located in the cusco region, espinar province, yauri district, southeast of yauri. Operating cash flow is operating cash flow before change in noncash working capital.
Feb 29, 2016 one of xstratas largest assets was the tintaya copper mine in espinar province, southern peru. The tintaya mine is an open pit copper mining and processing operation located at an elevation of tintaya forms part of xstrata coppers southern peru more detailed. Feasibility studies completed in the third quarter of 2009 confirmed the potential of the region to produce over 600,000 tons of copper annually within the next five years. Delivering the antapaccay project max combes project director 4 october 2012. Antapaccay project project overview and status agenda safety indicators. Ni 43101 technical report for the condoroma property, espinar. Tintaya open pit copper mine peru mining technology. Antapaccay deposit at the tintaya mine, the las bambas greenfield project and an expansion at its 33. Peru division, which also includes the antapaccay, coroccohuayco and las bambas projects. Development approval at copperzinc mine antamina is expected by yearend, while decisions on antapaccay and las bambas are scheduled for 2010, according to sartains presentation. Franconevada to acquire a precious metals stream from. Franconevada corporation fnv declared that it has concluded the acquisition of a precious metals stream glencore stream with reference to production from the antapaccay mine. Tintaya quechua for the cocoon which contains the chrysalis of the moth is a peruvian copper mine.
Antapaccay initiated its operation in november 2012. Their first project encompassed the grouting of 6 soleplates, 1 sag mill and 2 ball mills at the tintaya antapaccay site in peru. In the province of espinar cuzco, where glencore operates in the mining complexes of tintaya the mine is in the process of its closure, antapaccay which started its production in 2012 and coroccohuayco in exploration 1, there have been complaints and lawsuits from the local communities regarding the pollution, which endangers their health and that of their animals 2. Generated positive free cash flow in cyclical low copper prices and relatively high. Glencore 5 days as the world fights to contain and control the spread of covid19, individuals and organisations are changing the way they live, work and play in order to adapt to the situation and do their small part. Xstratas tintaya antapaccay contributions framework talks advance. Newrest and antapaccay provide workshops for the citizens. Our insightful and holistic reports have helped corporate,academia and researchers to take their research forward. Glencore and xstrata were, until may 20, two of the largest commodities companies in the world. Independent water and soil analyses have shown a high concentrati.
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