Quellaveco Mine
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The Quellaveco mine is a large
copper mine Copper extraction refers to the methods used to obtain copper from its ores. The conversion of copper consists of a series of physical and electrochemical processes. Methods have evolved and vary with country depending on the ore source, loca ...
project located in the south of
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 = "Fi ...
in the
Moquegua Region Moquegua () is a department and region in southern Peru that extends from the coast to the highlands. Its capital is the city of Moquegua, which is among the main Peruvian cities for its high rates of GDP and national education. Geography The ...
. It is undergoing government environment approvals for its
Environmental Impact Assessment Environmental Impact assessment (EIA) is the assessment of the environmental consequences of a plan, policy, program, or actual projects prior to the decision to move forward with the proposed action. In this context, the term "environmental imp ...
. 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 , 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 = "Fi ...
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 Fluor Corporation is an American multinational engineering and construction firm headquartered in Irving, Texas. It is a holding company that provides services through its subsidiaries in the following areas: oil and gas, industrial and infrastru ...
has been assigned as the
EPCM Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. Overview Under an EPC co ...
contractor for this project. The mine is due to begin production in 2022 after an investment of approximately $5bn. In late 2019 it was reported the mine was 34% complete and was on schedule. However, in the 2020
Pandemic A pandemic () is an epidemic of an infectious disease that has spread across a large region, for instance multiple continents or worldwide, affecting a substantial number of individuals. A widespread endemic (epidemiology), endemic disease wi ...
, a three-month hold was declared on the project with a reduction in
Capital expenditure Capital expenditure or capital expense (capex or CAPEX) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment, or land. It is considered a capital expenditure ...
for that year in the order of $300 million. By late 2020 it was reported that 15,000 staff were working on the site and the project was due to recover from the shut-down and still enter production in 2022 with a prediction of 330,000 tonnes of copper a year for the first five years. In 2021 the first of three
Caterpillar Inc. Caterpillar Inc. (stock symbol CAT) is an American ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fo ...
7495 electric
Rope shovel A power shovel (also stripping shovel or front shovel or electric mining shovel or electric rope shovel) is a bucket-equipped machine, usually electrically powered, used for digging and loading earth or fragmented rock and for mineral extraction. ...
s was completed on the site. The project intends to pair the 7495s with a fleet of 30 Caterpillar 794 AC Autonomous haul trucks.


Geology

The
porphyry copper deposit Porphyry copper deposits are copper ore bodies that are formed from hydrothermal fluids that originate from a voluminous magma chamber several kilometers below the deposit itself. Predating or associated with those fluids are vertical dikes of ...
and
hypogene In ore deposit geology, hypogene processes occur deep below the earth's surface, and tend to form deposits of primary minerals, as opposed to supergene processes that occur at or near the surface, and tend to form secondary minerals. At great dept ...
mineralization occurred in the
Early Eocene In the geologic timescale the Ypresian is the oldest age or lowest stratigraphic stage of the Eocene. It spans the time between , is preceded by the Thanetian Age (part of the Paleocene) and is followed by the Eocene Lutetian Age. The Ypresian i ...
. Supergene
sulfide Sulfide (British English also sulphide) is an inorganic anion of sulfur with the chemical formula S2− or a compound containing one or more S2− ions. Solutions of sulfide salts are corrosive. ''Sulfide'' also refers to chemical compounds lar ...
enrichment began in the
Late Oligocene The Chattian is, in the geologic timescale, the younger of two ages or upper of two stages of the Oligocene Epoch/Series. It spans the time between . The Chattian is preceded by the Rupelian and is followed by the Aquitanian (the lowest stage ...
and continued until the
Early Miocene The Early Miocene (also known as Lower Miocene) is a sub-epoch of the Miocene Epoch made up of two stages: the Aquitanian and Burdigalian stages. The sub-epoch lasted from 23.03 ± 0.05 Ma to 15.97 ± 0.05 Ma (million years ago). It was prece ...
.
Chalcocite Chalcocite (), copper(I) sulfide (Cu2S), is an important copper ore mineral. It is opaque and dark gray to black, with a metallic luster. It has a hardness of 2.5–3 on the Mohs scale. It is a sulfide with a monoclinic crystal system. The ...
is the more common copper ore mineral as massive assemblages.


See also

*
Toquepala mine 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. The Toquepala mine and the Ilo smelter we ...
*
Cuajone mine The Cuajone mine is a large copper mine located in the south of Peru in Moquegua Region. Cuajone represents one of the largest copper reserve in Peru and in the world having estimated reserves of 1.6 billion tonnes of ore grading 0.57% copper. The ...
*
Yanacocha Yanacocha ( Cajamarca Quechua: ''yana'' = "black, dark", ''qucha'' = "lake, puddle, pond, lagoon") is a gold mine in the Cajamarca region of the Northern Highlands of Peru. Considered to be the fourth largest gold mine in the world, it produce ...
*
Cerro de Pasco Cerro de Pasco is a city in central Peru, located at the top of the Andean mountains. It is the capital of the Pasco region, and an important mining center. At elevation, it is one of the highest cities in the world, and the highest or the sec ...
*
Huancavelica Huancavelica () or Wankawillka in Quechua is a city in Peru. It is the capital of the department of Huancavelica and according to the 2017 census had a population of 49,570 people. The city was established on August 5, 1572 by the Viceroy ...
*
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_t ...
*
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 le ...


References

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