Mining Intelligence and News
Peru

Pampa de Pongo Project

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Categories

Summary

Mine TypeUnderground
Study in ProgressFeasibility
StagePermitting
Commodities
  • Iron Ore
  • Copper
  • Gold
Mining Method
  • Block caving
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Mine Life... Lock
SnapshotPampa de Pongo is a large iron ore mining project in Latin America. It is planned to produce iron concentrate and copper-gold concentrate.

On April 2025, The National Service for Environmental Certification of Sustainable Investments (Senace) has approved the Modification of the Environmental Impact Assessment (EIA) for the Pampa de Pongo mining project, authorizing an investment of US$ 1.798 billion.

Among the main approved modifications is the change of the mining method from open pit to underground mining.

The project includes the construction of a Processing Plant, desalination plant, a filtration plant, a concentrate pipeline to the future port of San Juan de Marcona, and a tailings storage facility.

This approval makes Pampa de Pongo one of the most important mining projects in the country, making a significant contribution to both the regional and national economies.

Owners

SourceSource
CompanyInterestOwnership
Zhongrong Xinda Group Co Ltd. 49 % Indirect
Jiangtong Group 51 % Indirect
Jinzhao Mining Peru S.A. (operator) 100 % Direct
The project is owned and operated by Jinzhao Mining Perú S.A.

Jinzhao Mining Peru S.A. is a joint venture between Jiangtong Group (51%) and Zhongrong Xinda Group Co. Ltd. (49%).

Deposit type

  • IOCG
  • Skarn
  • Carbonate replacement

Summary:

(Translated from Spanish using ChatGPT)
Regarding the regional geology, the Pampa de Pongo mining deposit is regionally located along a metallogenic belt approximately 400 km long and 70 km wide, aligned with the Peruvian coast between Lima and Chala. It contains IOCG- and skarn-type deposits and lies within the morphostructural unit of the Ica–Nazca depression, structurally controlled by the Treinta Libras and Bella Unión faults.

In terms of local geology, the area is composed of Mesoproterozoic metamorphic rocks belonging to the Coastal Basement Complex; Paleozoic conglomeratic, pelitic, and calcareous rocks such as the San Juan and Marcona formations; Mesozoic volcano-sedimentary rocks such as the Río Grande, Jahuay, and Yauca formations; Neogene sandstones represented by the Pisco Formation; Quaternary marine–eolian deposits; and Cretaceous intrusive rocks. The replacement of the carbonate sequence by magnetite and the infilling of structures emplaced within volcano-sedimentary sequences are the most significant features of this type of mineralization.

Geochemically, the Pampa del Pongo (PDP) deposit consists of a magnetite (Fe3O4) mineralized body. The iron oxide mineralization replaces dolomitic rocks of the Marcona Formation, which are primarily composed of carbonate rocks.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

In first year of operations, will produce 3.36 million tonnes (Mt) of iron concentrate. In the ninth year, production will reach its peak at 17.67 Mt, and later stabilize—during the pre-closure phase—at approximately 14.95 Mt.
CommodityUnitsAvg. Annual
Iron (magnetite) kt 17,670
Copper-Gold kt 120
All production numbers are expressed as concentrate.

Operational metrics

Metrics
Annual ore mining rate  ....  Subscribe
* According to 2025 study.

Production Costs

Commodity production costs have not been reported.

Project Costs

MetricsUnitsLOM Total
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Closure costs $M USD  ......  Subscribe
Total CapEx $M USD  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
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Workforce

EmployeesYear
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Aerial view:

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