Mining Intelligence and News
Peru

Antapaccay Mine

Click for more information

Categories

Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Copper
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotAntapaccay mine stands out as one of the pioneering mining companies to effectively implement automation in drilling rigs powered by electric cables. Out of the nine autonomous electric drilling rigs worldwide, three are located at Antapaccay.

The Coroccohuayco project is an expansion project to the Antapaccay copper mine. Coroccohuayco is to become the main source of ore for further processing at the Antapaccay facilities, including the existing enrichment plant. Coroccohuayco is currently in Pre-Feasibility Study phase.

In March 2025, indigenous communities in the Espinar district initiated a blockade of the Antapaccay mine, protesting the $1.8 billion Coroccohuayco expansion project due to environmental concerns and lack of prior consultation. The blockade was lifted in April after the Peruvian government agreed to implement a consultation process and develop a reparation plan for affected residents.

Owners

SourceSource
CompanyInterestOwnership
Glencore plc. 100 % Indirect
Compañía Minera Antapaccay S.A. (operator) 100 % Direct
The Antapaccay project is owned and operated by Compañía Minera Antapaccay S.A. (CM Antapaccay), a Peruvian company that is an indirect wholly-owned subsidiary of Glencore.

Contractors

Lock

- subscription is required.

Deposit type

  • Porphyry
  • Skarn

Summary:

The Antapaccay project contains a porphyry-skarn type (copper-silver-gold) deposit located in the Eocene-Oligocene Andahuaylas-Yauri strip, 9.4 kilometres southwest in a straight line from the Tintaya mine, in the area of the old Atalaya mine. The Eocene-Oligocene Andahuaylas-Yauri strip is located 250 to 300 kilometres west of the current Peru-Chile Trench, above a thick cap of sialic crust (50 to 60 kilometres), in a transitory zone between the flat subduction slab of central Peru and the normal subduction of southern Peru and northern Chile and immediately to the southeast of the Abancay deflection. It consists geologically of a thick cretaceous sedimentary sequence folded during the Andean deformations and widely intruded by stocks, sills and dykes of Andahuaylas-Yauri batholith, covered by Cenozoic lacustrine and volcanic deposits and quaternary deposits.

The copper mineralization at Antapaccay is mainly contained in intermediate intrusive rocks with dissemination, veinlets, hydrothermal breccias which are in contact with pre-mineral rocks such as diorites and sedimentary rocks (limestones, calcareous shales, siltstones and sandstones), forming contact mineralized breccias, exoskarn and stockwork in sedimentary bodies with a clear predominance of chalcopyrite over bornite up to 350 metres; the roles reverse at a greater depth and are associated with a level of anhydrite-gypsum.

The dominant mineralization within the porphyry is chalcopyrite, followed by bornite and chalcocite. Mineralization consists of both disseminations and veinlets, with the highest grades of gold corresponding to intense bornite rich stockwork zones. The dominant alteration type within the porphyry is a potassic alteration of the host diorite. The porphyry is also in contact with cretaceous sedimentary rocks, which have formed irregular skarn (limestones) and stockwork (hornfels and quartzites) containing high copper values, but represent a minor component of all the resources.

The conditions for the occurrence of a metasomatic process exist in contact with limestones, generating irregular garnetmagnetite +/-pyroxene exoskarn, mainly with chalcopyrite patches. Extensive areas of intense grey quartz veinlet stockwork with a high bornite and chalcopyrite content were identified always near the hornfels-intrusive rock contact, expanding into the hornfels for several metres.

Coroccohuayco
The Coroccohuayco project is located approximately 9km south-east of Antapaccay in the Mineralised Tintaya district. Coroccohuayco is defined as a skarn-porphyry copper deposit.

The main copper bearing minerals at Coroccohuayco are bornite, chalcopyrite and chalcocite, with the host rock consisting of Cretaceous sedimentary rocks of the Ferrobamba and Mara formation intruded by monzonitic plutons of the Eocene— Oligocene Andahuaylas—Yauri batholiths. The Coroccohuayco deposit is dominantly a skarn-hosted deposit, whereas the Antapaccay deposit is dominantly porphyry-hosted.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Heavy Mobile Equipment

Lock

- subscription is required.

EV - Electric
AV - Autonomous

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Commodity Production

Copper production below 2023, reflecting Antapaccay’s anticipated higher strip ratio in 2024, further impacted by mine sequence delays due to geotechnical challenges in Q2 2024.
CommodityProductUnits2024202320222021202020192018201720162015
Copper Metal in concentrate M lbs  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe436453455485446
Gold Metal in concentrate koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe85132139115122
Silver Metal in concentrate koz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe1,5761,5231,4551,5361,315
Copper Concentrate kt  ....  Subscribe

Operational metrics

Metrics2024202120202015
Annual production capacity  ....  Subscribe
Daily processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe
Annual mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe32,187 kt
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe101,120 kt
Tonnes milled  ....  Subscribe  ....  Subscribe  ....  Subscribe32,524 kt

Production Costs

Commodity production costs have not been reported.

Mine Financials

Units20222021
Pre-tax Income M USD  ....  Subscribe
EBIT M USD  ....  Subscribe
EBITDA M USD  ....  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 29, 2025
....................... Subscription required ....................... Subscription required Subscription required May 29, 2025
....................... Subscription required ....................... Subscription required Subscription required May 7, 2025
....................... Subscription required ....................... Subscription required Subscription required May 29, 2025
....................... Subscription required ....................... Subscription required Subscription required May 29, 2025
....................... Subscription required ....................... Subscription required Subscription required May 29, 2025

Workforce

EmployeesYear
...... Subscription required 2022
...... Subscription required 2021

Aerial view:

Lock

- subscription is required.