- Published: Monday, 14 September 2015 11:53
- Written by E&MJ News
Metminco Ltd. reported the results of a new mining study of its Los Calatos copper project in southern Peru. The study, completed by Runge Pincock Minarco, considers a 6-million-mt/y underground mining operation using a sublevel caving mining method. Pre-production capital expenditure is estimated at $650 million, including contingencies of $111 million. Production would average 45,000 mt/y of copper in concentrate over a mine life of 17 years. Production would peak at 56,800 mt/y of copper in concentrate.