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Peru

Quellaveco Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Molybdenum
Mining Method
  • Truck & Shovel / Loader
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Mine Life... Lock
SnapshotQuellaveco is one of the largest greenfield copper mines to be built in recent decades.

Quellaveco is fully digitalised and is either automated, or automation-ready, with all data integrated and accessible in real time.

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

There is significant expansion potential that could sustain production beyond the initial high-grade area. As of 2024, the plant throughput is permitted to a level of 127,500 tonnes per day. A subsequent increase to c.150,000 tpd is in the pre-feasibility study stage, and subject to further permitting, that could benefit production volumes from late 2027.
Latest NewsAnglo American: Senace approved the ITS of Quellaveco and Andaychagua mining     February 5, 2025

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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Comminution

Crushers and Mills

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Processing

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Production

Quellaveco copper mine reached commercial production levels in June 2023.
CommodityProductUnits202420232022
Copper Metal in concentrate t  ....  Subscribe  ....  Subscribe  ....  Subscribe
Copper Payable metal t  ....  Subscribe  ....  Subscribe  ....  Subscribe
^ Guidance / Forecast.

Operational metrics

Metrics202420232022
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Production Costs

CommodityUnits202420232022
C1 cash costs Copper USD  ....  Subscribe  ....  Subscribe  ....  Subscribe
^ Guidance / Forecast.
** Net of By-Product.

Financials

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Heavy Mobile Equipment

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AV - Autonomous

Personnel

Mine Management

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Aerial view:

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