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Lagunas Norte Mine
The Lagunas Norte mine is one of the largest gold mines in Peru and in the world. The mine is located in the north-western part of Peru in La Libertad Region, 140 kilometers from Trujillo. At the end of 2018, the mine produced 245,000 ounces of gold and estimated reserves of 3.95 million oz of gold. In 2019, Barrick announced that it had placed the mine on care and maintenance. In February 2021, Barrick reached an agreement to sell its 100% interest in the Lagunas Norte to Boroo Pte Ltd ("Boroo") for a total consideration of up to $81 million, plus the assumption by Boroo of Barrick’s closure liability relating to Lagunas Norte of $226 million backed by an existing $173 million bonding obligation. On 1 June 2021, the sale was completed and Boroo says Lagunas Norte represents a transformative opportunity as the its goal is to become a mid-tier producer in the near term. Boroo plans to initiate the next phase of the project to recover carbonaceous oxide ore and also has longer ter ...
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La Libertad Region
La Libertad (; in English: ''The Liberty'') is a region in northwestern Peru. Formerly it was known as the Department of La Libertad ('). It is bordered by the Lambayeque, Cajamarca and Amazonas regions on the north, the San Martín Region on the east, the Ancash and Huánuco regions on the south and the Pacific Ocean on the west. Its capital is Trujillo, which is the nation's third biggest city. The region's main port is Salaverry, one of Peru's largest ports. The name of the region is Spanish for "freedom" or "liberty"; it was named in honor of the Intendencia of Trujillo's proclaiming independence from Spain in 1820 and fighting for that. It is the ninth smallest department in Peru, but it is also its second most populous department after Piura and its second most densely populated department after Lambayeque. Name During the viceroyalty of Peru, the La Libertad region, together with the present-day regions of Lambayeque, Piura and Tumbes regions in Peru, and Guayaquil ...
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Peru
, image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = Seal (emblem), National seal , national_motto = "Firm and Happy for the Union" , national_anthem = "National Anthem of Peru" , march = "March of Flags" , image_map = PER orthographic.svg , map_caption = , image_map2 = , capital = Lima , coordinates = , largest_city = capital , official_languages = Peruvian Spanish, Spanish , languages_type = Co-official languages , languages = , ethnic_groups = , ethnic_groups_year = 2017 , demonym = Peruvians, Peruvian , government_type = Unitary state, Unitary Semi-presidential system, semi-presidential republic , leader_title1 = President of Peru, President ...
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Barrick Gold
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2019, it produced 5.5 million ounces of gold at all-in sustaining costs of $894/ounce and 432 million pounds of copper at all-in sustaining costs of $2.52/pound. the company had 71 million ounces of proven and probable gold reserves. Barrick has met or beaten market consensus on its financial and operating results for eleven consecutive quarters as of Q3 2021. Barrick had been the world's largest gold mining company until Newmont Corporation acquired Goldcorp in 2019. Barrick expects to produce between 4.6 and five million ounces of gold and between 440 and 500 million pounds of copper in 2020. Chief executive Ma ...
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Gold
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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Trujillo, Peru
Trujillo (; qu, Truhillu) is a city in coastal northwestern Peru and the capital of the Department of La Libertad. It is the third most populous city and center of the List of metropolitan areas of Peru, third most populous metropolitan area of Peru. It is located on the banks of the Moche River, near its mouth at the Pacific Ocean, in the Moche Valley. This was a site of the great prehistoric Moche (culture), Moche and Chimu cultures before the Inca conquest and subsequent expansion. The Independence of Trujillo from Spain was proclaimed in the Historic Centre of Trujillo on December 29, 1820, and the city was honored in 1822 by the Congress of the Republic of Peru with the title "Meritorious City and Faithful to the Fatherland", for its role in the fight for Peruvian independence. Trujillo is the birthplace of Peru's judiciary, and it was twice designated as the capital of the country. It was the scene of the Trujillo Revolution, 1932, Revolution of Trujillo in 1932. Trujillo is ...
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List Of Mines In Peru
This is a list of mines in Peru. References {{reflist, 2 * Peru , image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = National seal , national_motto = "Firm and Happy f ...
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Zinc Mining
Zinc mining is the process by which mineral forms of the metal zinc are extracted from the earth through mining. A zinc mine is a mine that produces zinc minerals in ore as its primary product. Common co-products in zinc ores include minerals of lead and silver. Other mines may produce zinc minerals as a by-product of the production of ores containing more valuable minerals or metals, such as gold, silver or copper. Mined ore is processed, usually on site, to produce one or more metal-rich concentrates, then transported to a zinc smelter for production of zinc metal. Global zinc mine production in 2020 was estimated to be 12 million tonnes. The largest producers were China (35%), Australia (12%), Peru (10%), India (6.0%), United States (5.6%) and Mexico (5.0%), with Australia having the largest reserves. The world's largest zinc mine is the Red Dog open-pit zinc-lead-silver mine in Alaska, with 4.2% of world production. Major zinc mine operators include Vedanta Resources, Gl ...
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Gold Mines In Peru
Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal in a pure form. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental ( native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. Gold is ...
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