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Peru
Tia Maria Project

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 Location:
26 km E from Mollendo, Peru

  Project Contacts:
Av. Caminos del Inca 171 Urb. Chacarilla del Estanque Santiago de Surco
Lima
Peru
Phone  ...  Subscription required
Fax(511)-512-0492
WebsiteWeb
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Personnel
  • Filings & News

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Overview

StagePermitting
Mine TypeOpen Pit
Commodities
  • Copper
Mining Method
  • Truck & Shovel / Loader
Production Start...
Mine Life20 years (as of Jan 1, 2016)
Tia Maria Project comprises La Tapada and Tia Maria deposits.

On July 8, 2019, Southern Peru Copper Corporations were granted the construction permit for this 120,000 ton annual SX-EW copper greenfield project.


Owners

Source: p. 4,31
CompanyInterestOwnership
Grupo Mexico S.A. de C.V. 88.27 % Indirect
Ownership Tree
Southern Copper conducts operations in Peru through a registered branch (the “SPCC Peru Branch”, “Branch” or “Peruvian Branch”). The SPCC Peru Branch comprises substantially all of companies assets and liabilities associated with our copper operations in Peru.

Contractors

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Deposit Type

  • Porphyry
  • Vein / narrow vein


Summary:

The evolution of magmatic arcs are related to the formation of economically exploitable porphyry systems of Cu-Au, Cu-Mo, or Cu-Mo-Au. Research results show that the magmatic arcs that evolved from the Jurassic-Lower Cretaceous to the CretaceousTertiary are also genetically related to economically minable copper-gold mineralization in porphyry systems that were emplaced in the so-called coastal range, as was the case of La Tapada and Tia Maria.

These porphyry systems indicate that in the western edge of the South American plate a volcanic island arc existed, with the presence of tholeitic magmatism that evolved into calc alkaline magmatism which, contrary to what was previously assumed, are related to the occurrence of economically minable copper mineralization with absence of molybdenum and presence of gold.


Mining Methods

  • Truck & Shovel / Loader


Summary:

It was projected that the Project would last 21 years; three years to start up, and 18 years, in two phases, for operations. In the first phase, between years three and 15, the company would exploit the La Tapada deposit through an open pit mine, extracting 817.5 million metric tons of materials. In the second phase, between years 15 and 21, the corporation would exploit the Tia Maria deposit, again through an open pit mine, and extract 399.9 million metric tons of materials.


Crushing and Grinding


Processing

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Summary:

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Projected Production:

CommodityUnitsAvg. Annual
Copper t 120,000
All production numbers are expressed as cathode.

Operational Metrics:

Metrics
Annual production capacity 120,000 t of copper cathode *
* According to 2016 study.

Reserves at December 31, 2021:

CategoryTonnage CommodityGradeContained Metal
Probable 223.8 Mt Copper 0.29 % 1,413 M lbs
Indicated 35.5 Mt Copper 0.17 % 135.2 M lbs
Inferred 21.8 Mt Copper 0.22 % 107.8 M lbs

Commodity Production Costs:

CommodityUnits
Cash costs Copper USD 0.75 / lb *  USD
* According to 2009 study / presentation.
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2020 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscription required
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Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 14, 2022
Subscription required - Subscription is required.

Staff:

EmployeesYear
Subscription required 2020

Corporate Filings & Presentations:

DocumentYear
Corporate Presentation 2022
Corporate Presentation 2022
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2019
Form 10-K 2018
Form 10-K 2017
Corporate Presentation 2015
Form 10-K 2015
Press Release 2015
Project Description 2015
Corporate Presentation 2009
Corporate Presentation 2007
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