• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Colombia
La Cumbre Project

This page is not tailored to
devices with screen width under 750 px.
 Location:
108 Km S from Medellín, Colombia

  Project Contacts:
Calle 7 sur No. 42 - 70, Office 2101, Forum Building
Medellín
Colombia
Phone  ...  Subscription required
EmailEmail
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Colombia
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StagePreliminary Economic Assessment
Mine TypeOpen Pit
Commodities
  • Gold
  • Silver
Mining Method
  • Truck & Shovel / Loader
Mine Life14 years (as of Jan 1, 2021)
The La Cumbre Project contemplates a two-phases mine plan, the first phase reflects a 6-year mine life. Phase II extends the mine life to 14 years through an expansion to the sulphide zone by gravimetry and flotation. During phase I, 23% of commercial ounces will be obtained with the operation at a mining rate of 15,000 tons per day. Phase II will operate at a rate of 30,000 tons per day. During this phase the remaining 73% of planned ounces will be obtained.


Owners

Source: p. 25,33
CompanyInterestOwnership
Batero Gold Corp. 100 % Indirect
The La Cumbre project is 100% owned by Batero Gold Corp. The subject titles are held under the name of Sociedad Minera Quinchia S.A.S. (Minera Quinchia), a Colombian subsidiary of Batero Gold Corp.

Contractors

Subscription required - Subscription is required.


Deposit Type

  • Porphyry
  • Intrusion related


Summary:

Three intrusive centers have been identified within the mining property: Dos Quebradas, Mandeval-Centro and La Cumbre. They are copper-poor gold porphyry-type systems in which the intermediate argillic conclusion locally overprints an early potassic assemblage and stockwork of quartz veins, where gold is found in altered dioritic intrusions and contact zones. The Dos Quebradas and Centro-Mandeval intrusives were verified with some drilling, pending their characterization and development of the filling program to determine their mining potential. Additionally, to the south of the property, epithermal-type mineralized structures and the presence of mineralized breccias have been found. The La Cumbre Project is located along the eastern margin of Colombia’s physiographic Western Cordillera. The region is underlain by a highly complex basement known as the Romeral Terrane, which may be characterized as a tectonic mélange. The basement took form when Middle to Upper Mesozoic-aged volcanic and sedimentary oceanic rocks collided with, and were accreted to, the northern Andean paleo-continental margin, beginning in the Early Cretaceous. The resulting suture is known as the Romeral fault system and the mélange can be traced for over 1,000 km along the northern Andes. The La Cumbre and surrounding area is underlain by four principal rock units. These include: 1) a basement complex consisting of mafic and ultramafic oceanic volcanic rocks and granitoid intrusive rocks belonging to the ........


Mining Methods

  • Truck & Shovel / Loader


Summary:

The mining method defined for La Cumbre Project is an open pit method with a predominant bank height of 6 meters, 12-meter ramp width two way only and inter-ramp angles between 38° and 43°.

The project is segmented into two stages involving different capital investments in order to meet the infrastructure requirements of each stage of the project's LoM.

The first stage corresponds to the mining of the ore contained in the oxide and transition zones, which will be agglomerated and processed in leach pads at a throughput of 15 ktpd. At this stage of the project, the stripping ratio is an average of 0.28, allowing for the disposal of the waste dump and the stockpile in Matecaña area during the 5 years of this stage; that is, the transport of ore and waste will be done through the overland conveyor to maximize its use and take advantage of its regenerative capacity.

The second stage involves the mining of the primary sulfide zone that will be processed in a flotation and gravimetry plant whose ramp up will be in the 5th year and will last until the 14th year of the project. During this stage, starting in year 6, the stripping ratio is an average of 0.49 and the dumps will be available north of the pit, this will allow us to increase the throughput to 30 ktpd transported by the overland conveyor.

The preferable mining and processing methods for La Cumbre is conventional open pit mining followed by heap leaching process for oxide and tran ........


Crushing and Grinding
Source: Subscription required

- subscription is required.


Processing

Flow Sheet: Subscription required

Summary:

- subscription is required.


Projected Production:

CommodityProductUnitsAvg. AnnualLOM
Gold Payable metal koz 1,627
Silver Payable metal koz  ......  Subscription required
Gold Metal in doré koz 75
Silver Metal in doré koz  ......  Subscription required

Operational Metrics:

Metrics
Stripping / waste ratio  ......  Subscription required
Daily ore mining rate  ......  Subscription required
Waste tonnes, LOM  ......  Subscription required
Ore tonnes mined, LOM  ......  Subscription required
Daily processing capacity  ......  Subscription required
Tonnes processed, LOM  ......  Subscription required
Annual processing capacity  ......  Subscription required
Annual ore mining rate  ......  Subscription required
Processing scale, tpd  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

Reserves at :


Commodity Production Costs:

CommodityUnitsAverage
Credits (by-product) Gold USD  ......  Subscription required&nbs
All-in sustaining costs (AISC) Gold USD  ......  Subscription required *†
C1 cash costs Gold USD  ......  Subscription required *†
Assumed price Silver USD  ......  Subscription required&nbs
Assumed price Gold USD  ......  Subscription required&nbs
* According to 2021 study / presentation.
† Net of By-Product.
Subscription required - Subscription is required.

Operating Costs:

Units2021
OP mining costs ($/t mined) USD 2.46 *
OP mining costs ($/t milled) USD  ......  Subscription required
Processing costs ($/t milled) USD  ......  Subscription required
G&A ($/t milled) USD  ......  Subscription required
Total operating costs ($/t milled) USD  ......  Subscription required
* According to 2021 study.
Subscription required - Subscription is required.

2021 Study Costs and Valuation Metrics :

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscription required
Expansion CapEx $M USD  ......  Subscription required
Sustaining CapEx $M USD  ......  Subscription required
Closure costs $M USD  ......  Subscription required
Total CapEx $M USD  ......  Subscription required
OP OpEx $M USD  ......  Subscription required
Processing OpEx $M USD 743.9
Refining costs $M USD  ......  Subscription required
G&A costs $M USD 23.6
Total OpEx $M USD  ......  Subscription required
Total Taxes $M USD  ......  Subscription required
Royalty payments $M USD  ......  Subscription required
Gross revenue (LOM) $M USD  ......  Subscription required
Net revenue (LOM) $M USD  ......  Subscription required
EBITDA (LOM) $M USD  ......  Subscription required
After-tax Cash Flow (LOM) $M USD  ......  Subscription required
Pre-tax NPV @ 5% $M USD  ......  Subscription required
After-tax NPV @ 5% $M USD  ......  Subscription required
Pre-tax IRR, %  ......  Subscription required
After-tax IRR, %  ......  Subscription required
Pre-tax payback period, years  ......  Subscription required
After-tax payback period, years  ......  Subscription required
Subscription required - Subscription is required.

Pipelines
Source: Subscription required


Proposed Heavy Mobile Equipment as of December 31, 2021:
HME TypeModelSizeQuantity
Dozer (crawler) ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
....................... Subscription required ....................... Subscription required
Subscription required - Subscription is required.

Mine Management:

Job TitleNamePhoneProfileRef. Date
....................... Subscription required ....................... Subscription required ....................... Subscription required Subscription required Feb 27, 2023
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
Management Discussion & Analysis 2022
Press Release 2022
................................... Subscription required 2021
Subscription required - Subscription is required.

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2023 MDO Data Online Inc.