Mining Intelligence and News
Peru

Islay Mine

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Categories

Summary

Mine TypeUnderground
StatusCare and Maintenance
Commodities
  • Zinc
  • Lead
  • Copper
  • Silver
Mining Method
  • Room-and-pillar
  • Sub-level stoping
Backfill type ... Lock
SnapshotThe Islay underground mine is part of the Chungar Operation.

Operations at the Islay mine ceased on July 20, 2023, due to high operating expenses (Opex) and high capital expenditure (Capex) required to continue deepening the mine, along with the depletion of reserves. Since than, it has been undergoing care and maintenance.

Owners

SourceSource
CompanyInterestOwnership
Volcan Compania Minera S.A.A. 100 % Indirect
Compañía Minera Chungar S.A.C. (operator) 100 % Direct
Compañía Minera Chungar S.A.C. is a wholly-owned subsidiary Volcan Compañía Minera S.A.A., and has two mining units, Animon and Alpamarca.

In May 2024, Glencore disposed of its 23.3% interest in Volcan Companja Minera S.A.A. to Transition Metals AG, a subsidiary of Integra Capital.

Deposit type

  • Breccia pipe / Stockwork

Summary:

The mineralization in Islay comprises a breccia-type fissure fill, mainly with silver mineralization, with subordinated lead and zinc, Animon is a hydrothermal polymetallic deposit consisting of mineralized structures probably related to Miocene aged monzonite dykes principally within, but not confined to the Huaron anticline.

Islay is located 5 km to the West of Animón. It correlates as a western extension of the Animón veins, with the same geologic characteristics. The average width of the Islay vein is around 4.00 metres, it outcrops at surface and was exploited in small open pits.

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

CommodityUnits2023202220212020
Zinc t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Lead t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Copper t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Silver oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Operational metrics

Metrics202320222021202020192018201720162015
Daily mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe813 t of ore1,500 t of ore1,500 t of ore1,500 t of ore1,800 t of ore
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe253 kt302 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe253 kt303 kt321 kt497 kt532 kt

Production Costs

Commodity production costs have not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Apr 8, 2025

Workforce

Aerial view:

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