Peru

Alpamarca Operation

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Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Zinc
  • Lead
  • Copper
  • Silver
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe Alpamarca operating unit includes the Río Pallanga underground mine (currently suspended), the Alpamarca open pit, the Alpamarca concentration plant with a capacity of 2,500 tpd, and the Romina expansion project.

As of December 2023, reserve update, the Alpamarca pit is expected to be exploited until July 2024. The concentrator plant is processing the ore from the Alpamarca open pit, stockpiles and old tailings DR-01.

The Romina Project has completed studies for commencing construction, aiming to start production in 2026, with a focus on exploring financing options.
Related AssetsAlpamarca Mine, Rio Pallanga Mine

Owners

SourceSource
CompanyInterestOwnership
Glencore plc. 23.3 % Indirect
Compañía Minera Chungar S.A.C. (operator) 100 % Direct
Volcan Compañía Minera S.A.A. is a subsidiary of Glencore AG, which is a subsidiary of Glencore Plc., owner of 63% of common class A voting shares and an economic interest of 23%, excluding treasury shares.

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 Q4 2022, Glencore commenced a process to dispose of its 23.3% economic interest in Volcan, which is ongoing. As a result, the carrying amounts of Volcan assets and liabilities as at 31 December 2023 and 31 December 2022 are classified as held for sale.

Deposit type

  • Vein / narrow vein

Summary:

The Alpamarca operations consists of the Río Pallanga underground mine (suspended), the Alpamarca open pit and the Romina expansion project.

The Alpamarca-Rio Pallanga project is a deposit of lead, zinc, silver and copper veins. It is located 4,700 meters above sea level in the Santa Bárbara district of Carhuacayan, Yauli Province, Junin Region.

Ten kilometers from Alpamarca is the old Rio Pallanga mine, a deposit with significant potential at depth and in the lateral extensions of the vein in the explored area. The Rio Pallanga resources, which contain high grades of silver, will support ongoing operations at Alpamarca and provide a solid basis for development of projects at Colquihuarmi and Carhuacayan, located 14 and 25 kilometers to the southwest, respectively.

Romina II
The Puagjanca and Andrea deposits are in an advanced exploration project stage, with polymetallic mineralisation of zinc, lead, and silver. The mineralisation is in the form of lead and zinc-rich replacement bodies and mantles. It is located 15 km west of the Alpamarca mine in the Pacaraos district, Huaral province. Last exploration campaigns developed for Puagjanca took place in 2022 along with its Mineral Resources update.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

Ore extraction was not performed, due to the suspension of operations at Alpamarca open pit from the period of July to 31 December 2022.
CommodityProductUnits202320222021202020192018201720162015
Zinc Metal in concentrate kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe5.98.4129.88.7
Zinc Concentrate kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1015221715
Lead Metal in concentrate kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe4.76.27.275.8
Copper Metal in concentrate kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe0.40.40.50.60.8
Silver Metal in concentrate M oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1.21.51.822.7

Operational metrics

Metrics202320222021202020192018201720162015
Daily processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe2,500 t2,500 t2,500 t2,500 t2,500 t
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe921 kt962 kt1,008 kt926 kt859 kt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe950 kt948 kt958 kt910 kt879 kt
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Daily mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Operating Costs

Currency20232022202120202019201820172016
OP mining costs ($/t milled) USD 6.4  4.5  9.8  13.4  11.5  5.5  5.4  11  
Combined mining costs ($/t milled) USD
Processing costs ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Total operating costs ($/t milled) USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Financials

Units2023202220212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 5.7   5.9   4.1  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 7, 2024
....................... Subscription required ....................... Subscription required Subscription required May 7, 2024
....................... Subscription required ....................... Subscription required Subscription required May 7, 2024

ContractorsYear
...... Subscription required 2023

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