Mining Intelligence and News
Peru

Quellaveco Mine

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Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Molybdenum
Mining Method
  • Truck & Shovel / Loader
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SnapshotQuellaveco is one of the largest greenfield copper mines developed in recent decades and is considered Peru’s most technologically advanced mine. It features a highly digitalized and automated operation, with real-time data integration and accessibility.

Since April 2023, a new Quellaveco's CPR plant (one of the world’s largest), has been utilizing CPR technology using Hydrofloat.

The mine has significant expansion potential to sustain production beyond the initial high-grade area. A pre-feasibility study is underway for a capacity increase, which, pending further permitting, could enhance production volumes from late 2027. Additionally, various expansion options are being explored, including the potential addition of another ball mill.

Owners

SourceSource
CompanyInterestOwnership
Mitsubishi Materials Corp. 40 % Indirect
Anglo American plc. 60 % Indirect
Quellaveco is a joint venture between Anglo American (60%) and Mitsubishi (40%).

Contractors

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Deposit type

  • Porphyry

Summary:

The Quellaveco deposit is porphyry copper-molybdenum orebody with an elongated mineralised zone. Primary sulphide mineralisation dominates the deposit and is successively overlain by a secondary supergene copper mineralisation blanket. This is followed by low grade copper-bearing oxides that are capped by barren ignimbrites. At least five stages of intrusion are recognised; the oldest intrusives correspond to regional granodiorite surrounding the main orebody. Three syn-mineralisation intrusions of monzonitic to dacitic composition host most of the mineralisation. All of these are cut by a suite of late post-mineral intrusives.

The Quellaveco deposit, located near the northern end of the Paleocene to early Eocene porphyry copper belt of the central Andes (Sillitoe, 1988; Clark et al., 1990), is centered on a multiphase quartz monzonite porphyry stock emplaced into an equigranular granodiorite pluton, which itself cuts rhyolitic volcanic rocks assigned to the Late Cretaceous to early Paleocene Toquepala Group (Estrada, 1975; Guerrero and Candiotti, 1979; Candiotti, 1995). The pluton, which crops out over >3 km2 in the vicinity of the Quellaveco stock, as well as extending northward beneath postmineral ignimbrite and gravel cover, is part of the granodioritic to monzogranitic Yarabamba superunit of the Coastal batholith (Pitcher, 1985). Phenocrysts in the porphyries are made up of abundant plagioclase, quartz, and biotite, plus scattered K-feldspar and hornblende, all surrounded by aplitic groundmass.

Potassic (biotite-K-feldspar) and sericitic (quartz-sericite) alteration, the former generally overprinted and partly obliterated by the latter, developed extensively throughout much of the quartz monzonite porphyry stock and immediately surrounding granodiorite, and both contain veinlet and disseminated chalcopyrite. The potassic alteration is transitional outward in the precursor granodiorite to a pyrite-bearing propylitic assemblage, which defines the periphery of the system (Estrada, 1975; Candiotti, 1995; Kihien, 1995). Fluid inclusion studies showed that the main potassic and sericitic alteration and associated copper mineralization took place at temperatures of 590° to 340°C (Kihien, 1995).

Reserves

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Mining Methods

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Heavy Mobile Equipment

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AV - Autonomous

Comminution

Crushers and Mills

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Processing

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Commodity Production

Quellaveco copper mine reached commercial production levels in June 2023.
CommodityProductUnits2025202420232022
Copper Metal in concentrate t  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Copper Payable metal t  ....  Subscribe  ....  Subscribe  ....  Subscribe
^ Guidance / Forecast.

Operational metrics

Metrics202420232022
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe
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Production Costs

CommodityUnits2025202420232022
C1 cash costs Copper USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
^ Guidance / Forecast.
** Net of By-Product.

Mine Financials

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Personnel

Mine Management

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Workforce

EmployeesYear
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Aerial view:

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