Overview
Stage | Production |
Mine Type | Open Pit / Underground |
Commodities |
|
Mining Method |
- Truck & Shovel / Loader
- Cut & Fill
- Wood bracing and shoring
- Cemented backfill
- Hydraulic backfill
|
Processing |
|
Mine Life | 17 years (as of Jan 1, 2020) |
On November 28th, 2019 Cerro de Pasco Resources announced the acquisition of all mining and processing operations at Cerro de Pasco, Peru. Highlights of the Acquisition include two operating companies with current combined revenues of over US$120M/year, over 150Mt of Resources, and all associated assets: two base metal concentrators (permitted at 19.3K tpd), a precious metals leaching plant (permitted at 2.5K tpd), two underground shafts, 11,000 Ha of concessions, and a fully operational tailings storage facility. CDPR estimates the replacement value of all associated assets to exceed US$ 700M. |
Latest News | Cerro de Pasco Resources Provides Corporate and Transaction Update Français December 22, 2020 |
Source:
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On November 27, 2019, the Company has executed a definitive share purchase agreement with Volcan Compañia Minera S.A.A. and its subsidiaries (collectively, “Volcan”), whereby CDPR will acquire all of the issued shares of Oxidos de Pasco S.A.C. (“Oxidos”), Empresa Administradora de Cerro S.A.C (“Cerro SAC”) and Remediadora Ambiental S.A.C. (together the “Target Companies”). The arm’s length transaction (the “Transaction”) will provide CDPR ownership and operation of all mining and processing assets in Cerro de Pasco, Central Peru.
Summary:
Geology of the Cerro de Pasco Area.
At Cerro de Pasco, the magmatic center was emplaced directly west of a major high-angle, N 15° W-striking reverse fault (“the Longitudinal Fault”), mainly intruding weakly metamorphosed shales of the Middle Paleozoic Excelsior Group, the oldest lithological unit in the area, and polymictic conglomerates and sandstones of the Middle-Late Triassic Mitu Group (Spikings et al., 2016). East of the Longitudinal Fault there is a thick sequence (about 1,000 m) of massive carbonate rocks, mainly limestones with locally sandy intercalations, black bituminous limestones, and beds with chert nodules belonging to the Late Triassic Chambará Formation. The latter is part of the Pucará Group that overlies the Excelsior and Mitu groups (Rosas et al., 2007; Angeles, 1999). The sedimentary sequence was folded prior to the Mid-Miocene magmatism, thus creating the main structural feature in the area, the Cerro anticline with a north-south axis and plunging to the north (Baumgartner et al., 2008; Angeles, 1999).
The magmatic core of the Cerro de Pasco district consists of a large diatreme-dome complex, 2.5 km in diameter, which was formed by a succession of phreatomagmatic and magmatic events (Baumgartner et al., 2009; Rogers, 1983). An early phase of explosive activity produced a diatreme-breccia known locally as the Rumiallana agglomerate, which is the most common lithology in the magmatic complex and has been dated at 15.36 ± 0.03 Ma and was followed by emplacement at 15.40 ± 0.07 Ma of dacitic to rhyodacitic lava-dome complexes along the western margin of the diatreme (Baumgartner et al., 2009).
East-west–trending quartz-monzonite porphyry dykes cut the diatreme breccias and the magmatic domes. These dykes do not propagate into the Excelsior shales west of the diatremedome complex; to the east they crosscut locally the carbonate sequence. Two of these dykes have been dated at 15.35 ± 0.05 and 15.16 ± 0.04 Ma (Baumgartner et al., 2009). The end of the phreatomagmatic and magmatic activity at Cerro de Pasco is marked by the emplacement of
numerous, 20 cm to 3 m-wide, E-W–trending, milled-matrix fluidized breccia dykes, occurring in various parts of the diatreme-dome complex.
Following this event, epithermal base metal mineralization took place, mainly in carbonate rocks along the eastern margin of the magmatic complex (Baumgartner et al., 2008; Einaudi, 1977). A striking feature of the Cerro de Pasco mineralization is the occurrence of an NS- trending, 1.5 km-long, 250 m-wide, and more than 550 m-deep, funnel-shaped massive pyrite- quartz body that replaced mainly carbonate rocks from the Pucará Group, as well as, subordinately, the diatreme dome complex itself (Baumgartner et al., 2008; Baumgartner, 2007). At least five main pipe-like, up to 150 m-wide, massive pyrrhotite-dominated bodies have been recognized. They grade outward into massive Fe- rich sphalerite (up to 80% in volume) and galena.
Pb-Zn-Ag-Cu Mineralization at the Cerro the Pasco Mine.
Epithermal base metal mineralization at Cerro de Pasco occurred principally in carbonate rocks along the eastern margin of the magmatic complex (Baumgartner et al., 2008; Einaudi, 1977). An important structure related to the Cerro de Pasco mineralization is a NS-trending, funnel-shaped massive pyrite-quartz body that replaced mainly carbonate rocks from the Pucará Group, and in less measure, the diatreme dome complex (Baumgartner, 2007; Einaudi, 1977; Ward, 1961). Five main pipe-like massive pyrrhotite-dominated bodies reaching up to 150 m in width have been identified. They are hosted by the pyrite-quartz body and the Pucará carbonate rocks and locally crosscut the diatreme breccia. The pipe-like pyrrhotite bodies are characterized by low sulfidation state assemblages (pyrrhotite + Fe-rich sphalerite + arsenopyrite, as well as pyrite + Fe-rich sphalerite). The pipes core zone, only observed at deep levels, is composed of the assemblage pyrrhotite-quartz-wolframite. The intermediate-level assemblage consists of pyrrhotite-sphalerite-chalcopyrite-stannite (Einaudi, 1977). The outer zone, which is present over the entire vertical extent of the pyrrhotite bodies and which includes the Zn-Pb ore, consists of the association pyrrhotite + Fe-rich sphalerite + arsenopyrite with minor marcasite, tennantite, chalcopyrite, chlorite, muscovite, siderite, and calcite. According to Baumgartner et al. (2008, 2009), high- sulfidation mineralization took place prior to the formation of the pyrite-quartz body. The mineralization consists of EW-trending Cu-Ag- Au-Zn-Pb) enargite pyrite veins hosted by the diatreme breccia and includes at least eight zoned Zn-Pb-(Ag) and Ag-Cu-Bi replacement orebodies in the eastern part of the deposit. These orebodies replaced carbonates and overprinted Fe-rich sphalerite and galena rims from the pyrrhotite pipes. The replacement bodies follow sub vertical faults trending N35° E, N120° E, and N170° E and locally favorable Pucará beds, mainly dolo-arenite layers.
Mining Methods
- Truck & Shovel / Loader
- Cut & Fill
- Wood bracing and shoring
- Cemented backfill
- Hydraulic backfill
Summary:
Mineral stockpiles from Tajo Raúl Rojas
During 2019, stockpiles of marginal mineral from the exploitation of the Raúl Rojas pit and sulfide ore from the in situ oxide pit were treated.
Vinchos Mine
During 2019, no ore was produced from the Vinchos mine. This mine is in a process of temporary suspension of operations.
Paragsha underground mine
During 2019, the Paragsha mine continued with the temporary suspension. However, the infrastructure for the pumping system remains operational and in good condition.
Due to the characteristics of the terrain, conventional semi-mechanized mining techniques were employed, including wood bracing and shoring as well as cemented hydraulic backfill.
However, the underground mine is subject to ever-increasing deformation, which means that operations need to have greater operational safety. Therefore, mine operations are advancing more slowly and greater quantities of support features and materials are required. Also, higher cement ratios were used in the cemented hydraulic backfill mix, making it possible to access the nearby operational areas in a shorter time (twelve days) and recover higher percentages of ineral reserves.
Source:
Summary:
Sulphide Concentrators - Paragsha-San Expedito
During 2019, the crushing, grinding and filtering circuits at the Paragsha plant, the zinc circuit and the lead circuit at the San Expedito plant continued to be used.
The Paragsha-San Expedito plants operated continuously, treating marginal polymetallic mineral from the Raúl Rojas de Cerro de Pasco pit. Throughout the 2017 year, operational changes were made to increase production and improve the metallurgy of concentrates. In the crushing area, the classification of the marginal with high humidity was optimized, making it possible to continue operations. In the third quarter of the year, the construction of the sorting circuit was completed and the testing process for the treatment of the marginal began in 2018. This, together with the optimization projects for secondary / tertiary crushing, grinding and flotation, will mean an improvement of the quality of the grades, better recoveries and a greater volume of concentra ........

Recoveries & Grades:
Commodity | Parameter | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
Zinc
|
Head Grade, %
| 1.89 | 1.94 | 1.88 | 2.01 | 3.9 | 2.7 |
Lead
|
Head Grade, %
| 0.63 | 0.54 | 0.53 | 0.71 | 1.5 | 1.1 |
Silver
|
Head Grade, oz/t
| 0.82 | 0.58 | 0.62 | 0.97 | 3.9 | 11.3 |
Gold
|
Head Grade, oz/t
| 0.69 | 0.19 | 0.15 | 0.2 | 0.3 | 0.1 |
Reserves at December 31, 2018:
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
2.1 Mt
|
Zinc
|
1.2 %
|
25 kt
|
Proven
|
2.1 Mt
|
Lead
|
0.6 %
|
13 kt
|
Proven
|
2.1 Mt
|
Silver
|
0.5 oz/t
|
1 M oz
|
Measured
|
2.1 Mt
|
Zinc
|
1.2 %
|
25 kt
|
Measured
|
2.1 Mt
|
Lead
|
0.6 %
|
13 kt
|
Measured
|
2.1 Mt
|
Silver
|
0.5 oz/t
|
1 M oz
|
Inferred
|
154 Mt
|
Zinc
|
2.1 %
|
3,234 kt
|
Inferred
|
154 Mt
|
Lead
|
0.8 %
|
1,232 kt
|
Inferred
|
154 Mt
|
Silver
|
2.5 oz/t
|
385 M oz
|
Total Resource
|
156.1 Mt
|
Zinc
|
2.1 %
|
3,259 kt
|
Total Resource
|
156.1 Mt
|
Lead
|
0.8 %
|
1,245 kt
|
Total Resource
|
156.1 Mt
|
Silver
|
2.5 oz/t
|
386 M oz
|
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