Peru

Rio Pallanga Mine

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Categories

Overview

Mine TypeUnderground
StatusCare and Maintenance
Commodities
  • Zinc
  • Lead
  • Copper
  • Silver
Mining Method
  • Longhole stoping
Production Start... Lock
SnapshotMining activities and progress on the development at Río Pallanga have been suspended since December 2015.
Related AssetAlpamarca Operation

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-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. Alpamarca Rio Pallanga is a polymetallic deposit of lead, zinc, silver and copper veins. The project consists of 2,100 hectares of concessions in an area with significant geological potential.

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.

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

Combined production numbers are reported under Alpamarca Operation

Operational metrics

Metrics2015
Ore tonnes mined 146 kt
Tonnes processed 144 kt

Production Costs

Commodity production costs have not been reported.

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

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

Aerial view:

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