Las Bambas copper mine

Last updated

Las Bambas copper mine is an open-pit copper mine in the Cotabambas province of Peru. With over a billion tons of copper ore, the deposit is one of the largest in the world and produces 2% of global copper. [1] Las Bambas also produces molybdenum concentrates. Development began on the mine in August 2015 and production began in early 2016. [2] [3]

Contents

The mine has resulted in multiple environmental conflicts between 2015 and 2022. About 15,000 people protested the mine during the early phases of construction, resulting in clashes with police who shot and killed four local people. [4] [5] There were continued protests in 2021-2022, when protestors blockaded the mine and complained that they received few benefits from the mine. [6]

Minerals and Metals Group acquired Las Bambas copper project from Glencore Xstrata plc. for US$5.85 billion. White & Case, advised the consortium comprised by Minerals and Metals Group (62.5%), a wholly owned subsidiary of Guoxin International Investment Co. Ltd (22.5%) and CITIC Metal Co. Ltd (15.0%). [7]

Production and Geology

The polymetallic mine is located at altitude of about 4000 meters above sea level in Challhuahuacho District of Cotabambas Province in the Apurímac Region of the southern Peruvian Andes.

Production is about 140,000 tons of copper ore / day. [8] The estimated mine life is at least 20 years.

Las Bambas project also produces molybdenum concentrates. Both metals are transported to Puerto Matarani, first overland to a transfer station in Pillones followed by railways to Matarani Port. Geoservice Ingeniería prepared the Environmental Impact Assessment (EIA) for expansion of the Pillones transfer station. [9]

GyM S.A, the largest construction company in Peru and a subsidiary of the Graña y Montero company, in 2012 was in charge of constructing the copper concentration plant with a capacity of 140,000 t/day. [10]

Production at the mine was scheduled to start in 2015 following an 80% confirmation completion of the project on 31 Dec 2014. The first production of concentrate out of the mine is expected to be in the first quarter of 2016. [11]

Conflict

To make way for the mine, the Fuerabamba community was resettled [1] into the city of Nueva Fuerabamba (New Fuerabamba), which was built between 2012 and 2014. Golder Associates made the Environmental Impact Assessment (EIA) studies back on 2010, since then there have been two amendments to said studies one of them being carried by SNC-Lavalin on 2014, the amendment of EIA included updated project schedule, auxiliary components of the project and the respective water management system. [12]

See also

Related Research Articles

<span class="mw-page-title-main">Mining industry of Romania</span>

Romania ranks tenth in the world in terms of the diversity of minerals produced in the country. Around 60 different minerals are currently produced in Romania. The richest mineral deposits in the country are halite.

<span class="mw-page-title-main">Mineral industry of Armenia</span>

The mineral industry is one of the main sectors of the Armenian economy and in 2017 accounted for 30.1% of its exports.

Mount Toromocho is a mountain in the Junín Region, Peru that sits next to the long established mining camp of Morococha and hosts a large polymetallic metal deposit. Toromocho means in Spanish "a bull with no horns". It is now owned by the Aluminum Corporation of China (Chinalco), a parent company of Chinalco Mining Corporation International (CMC). Minera Chinalco Perú S.A., a subsidiary of CMC which operates the Toromocho mine, is boosting the mine's productivity with a new production line.

<span class="mw-page-title-main">Southern Copper Corporation</span> Mining company

Southern Copper Corporation is a mining company that was founded in 1952. The current incarnation of Southern Copper can be traced to the 2005 acquisition of Southern Peru Copper Corporation by the Mexican copper producer Minera México.

<span class="mw-page-title-main">El Teniente</span>

El Teniente is an underground copper mine located in the Chilean Andes, 2,300 m (7,500 ft) above mean sea level. It is in the commune of Machalí in Cachapoal Province, Libertador General Bernardo O'Higgins Region, near the company town of Sewell. This was established for the workers and their families.

<span class="mw-page-title-main">Mineral industry of Peru</span>

The mineral industry of Peru has played an important role in the nation's history and been integral to the country's economic growth for several decades. The industry has also contributed to environmental degradation and environmental injustice; and is a source of environmental conflicts that shape public debate on good governance and development.

<span class="mw-page-title-main">Cerro Verde</span>

Cerro Verde is a Peru-based mining company. Its activities include the extraction, exploitation and production of copper from the porphyry copper deposit located southeast of the city of Arequipa. In addition, the company holds a copper sale agreement with Sumitomo Metal Mining, as well as a molybdenum sale contract with Climax Molybdenum Company.

<span class="mw-page-title-main">Toquepala mine</span> Mine in Peru

The Toquepala mine is a large porphyry copper mine in the Tacna Province, Tacna Department, Peru. The mine is an open-pit mine producing copper, molybdenum, rhenium and silver with minor gold and zinc.

<span class="mw-page-title-main">MMG Limited</span> Mining company

MMG Limited is a mid-tier global resources company that mines, explores and develops base metal projects around the world. MMG's largest shareholder is China Minmetals with 68%.

<span class="mw-page-title-main">Thompson Creek Metals</span> Full cycle mining company in North America

Thompson Creek Metals Company Inc. was a full cycle mining company with acquisition, exploration, development, and operation in North America. The corporate office was located in Denver, Colorado. The company primarily produced copper, gold, and molybdenum. Over its history, the Company evolved from being a major primary molybdenum producer to becoming a copper and gold mining company with the construction and development of the Mount Milligan mine and concentrator in British Columbia, Canada. Mount Milligan was Thompson Creek Metals principal operation and the company owned 100% of this property. The company also owned 100% of its Thompson Creek Mine in Idaho. Thompson Creek Metals owned 75% joint venture interest in two other properties, including its Endako Mine in British Columbia, and its Langeloth Metallurgical Facility (roaster) in Pennsylvania. Thompson Creek Metals had additional development projects, including the Berg property in British Columbia.

Kinsevere is an open pit mine and Heavy Media Separation plant with an electric arc furnace formerly operated by Anvil Mining, and now operated by Minerals and Metals Group. It is located 30 kilometres (19 mi) north of Lubumbashi, Katanga Province, Democratic Republic of Congo.

<span class="mw-page-title-main">Antamina mine</span> Mine in Peru

The Antamina mine in the Andes Mountains of Peru is one of the largest copper/zinc mines in the world. It is an open pit mine which had an estimated life of mine at 15 years. It also produced molybdenum. The mine is jointly owned by Teck Resources, BHP, Glencore, and Mitsubishi Corporation and independently operated by Compañía Minera Antamina S.A. It produced 390,800 tons of copper concentrate in 2006, 461,000 tons in 2013. The total capital expenditure of the mine by 2013 was US$2.3 billion. İt is located at an altitude of 4,300 meters above sea level.

The Toromocho mine is a large copper mine in the center of Peru, in Junín Region. Toromocho represents one of the largest copper reserves in Peru and in the world, having estimated reserves of 1.52 billion tonnes of ore grading 0.48% copper, 0.019% molybdenum and 336 million oz of silver.

The Quellaveco mine is a large copper mine project located in the south of Peru in the Moquegua Region. It is undergoing government environment approvals for its Environmental Impact Assessment. The last EIA modification was submitted in 2014. The Quellaveco mining property is majority–owned by Anglo American. Quellaveco represents one of the largest copper reserves in Peru and in the world, having estimated reserves of 1.1 billion tonnes of ore grading 0.55% copper. The planned development of the mine estimates a processing capacity of 85000 metric tonnes per day. Fluor Corporation has been assigned as the EPCM contractor for this project.

The Tia Maria mine is a large copper deposit located in the south of Peru in the province of Islay, Arequipa Region. The deposit contains an estimated total reserves 711 million tonnes of ore graded at 0.36% copper. The project is operated by Southern Peru Copper Corporation.

<span class="mw-page-title-main">Geoservice Ingeniería</span>

Geoservice Ingeniería is a Peruvian firm founded in 1995, which provides engineering and consulting services. It work includes environmental impact assessment (EIA) studies, hydrological studies, construction management, and geotechnical studies.

<span class="mw-page-title-main">2015 Peruvian protests against Las Bambas mining project</span>

The protests escalated on 29 September, when four people were killed and dozens injured in clashes between demonstrators and police, prompting President Ollanta Humala to decree a state of emergency.

<span class="mw-page-title-main">2021–2022 Peruvian mining protests</span>

On July 23, 2021, following Pedro Castillo's electoral victory, mining communities near Las Bambas copper mine blocked the road used to transport the copper. The protesters claimed that local communities saw little benefit from the wealth generated by the mining.

References

  1. 1 2 Marcelo, Rochabrun (27 April 2022). "Exclusive: China-owned Las Bambas mine weighs plan to evict protesting communities". Reuters . Retrieved 27 April 2022.
  2. "Peru declares state of emergency over mining plant violence" . Retrieved 2015-09-30.
  3. "MMG Limited | Las Bambas". www.mmg.com. Archived from the original on 2015-02-07. Retrieved 2015-09-30.
  4. "Peru anti-mining protest sees deadly clashes – BBC News" . Retrieved 2015-09-30.
  5. Briceno | AP, Franklin (2015-09-28). "Peru suspends civil liberties after anti-mining clash". The Washington Post. ISSN   0190-8286. Archived from the original on 2015-09-29. Retrieved 2015-09-30.
  6. "Peru road blockades hit MMG's Las Bambas copper mine once again". Mining Weekly. Reuters. Retrieved 2021-09-15.
  7. "Las Bambas Acquisition". Digiscend.com. 2014. Retrieved 2015-02-09.
  8. Kampagne „Bergwerk Peru – Reichtum geht, Armut bleibt": Kupfer-Abbau in Peru, S. 2, retrieved 13 May 2019.
  9. "Concentrates transport". Digiscend.com. 2014. Retrieved 2015-02-20.
  10. "Copper concentration plant". Digiscend.com. 2012. Retrieved 2015-02-09.
  11. "Las Bambas starting production". mmg.com/. 2014. Archived from the original on 2015-02-07. Retrieved 2015-02-09.
  12. "EIAs". Digiscend.com. 2010. Retrieved 2015-02-09.

14°05′56″S72°19′11″W / 14.0990°S 72.3198°W / -14.0990; -72.3198