Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Production Start | ...  |
| Mine Life | 2023 |
The exploitation of the Alpamarca mine is planned until December 2023. |
Source:
p. 13,14
| Company | Interest | Ownership |
|
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 subsidiary of Volcan Compañía Minera S.A.A., and has two mining units, Animon and Alpamarca.
In Q4 2022, Glencore commenced a process exploring the possible disposal of its 23.3% economic interest in Volcan.
Contractors
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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. The project consists of 2,100 hectares of concessions in an area with significant geological potential.
Summary:
(Translated from Spanish by Google Translate)
Alpamarca began operations in April 2014 and is made up of the mine Río Pallanga underground (suspended) and the Alpamarca open pit.
According to the update of reserves to December 2022, the exploitation of the Alpamarca pit is projected until December 2023 and the plant will be fed with said mineral, complementing with the old stock piles and tailings.
Source:
Summary:
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Reserves at December 31, 2022:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven & Probable
|
0.7 Mt
|
Zinc
|
1 %
|
7 kt
|
|
Proven & Probable
|
0.7 Mt
|
Lead
|
0.8 %
|
5 kt
|
|
Proven & Probable
|
0.7 Mt
|
Copper
|
0.1 %
|
|
|
Proven & Probable
|
0.7 Mt
|
Silver
|
1.4 oz/t
|
1 M oz
|
|
Total Resource
|
3.9 Mt
|
Zinc
|
1 %
|
40 kt
|
|
Total Resource
|
3.9 Mt
|
Lead
|
0.7 %
|
27 kt
|
|
Total Resource
|
3.9 Mt
|
Copper
|
0.1 %
|
2 kt
|
|
Total Resource
|
3.9 Mt
|
Silver
|
1.6 oz/t
|
6 M oz
|
Corporate Filings & Presentations:
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