Buenaventura says new mine to kick off production in November 2016-09-15Peruvian precious metals miner Buenaventura expects its Tambomayo mine to produce its first bar of gold in November and reach full output at the end of this year or the start of next, the company said late on Wednesday. Renzo Macher, Tambomayo's project manager, told reporters on the sidelines of a mining conference that the underground mine should produce at least 120 000 oz of gold next year.
Buenaventura expects key permit for gold project by end of year 2015-09-23Peruvian precious metals miner Buenaventura expects the government to issue an environmental permit for its San Gabriel gold project at the end of the year, the company's vice president of operations said Tuesday. Igor Gonzales added that San Gabriel, formerly called Chucapaca, will likely produce around 200 000 oz/y of gold starting in the first quarter of 2018. The mine will cost between $460-million and $520-million.
Nearby Location News
Glencore to reduce mine production of zinc 0000-00-00Market News alert Glencore PLC
General 2015-05-10Uchucchacua is located in the province of Oy³n in the department of Lima, approximately 265 kilometers northeast of the city of Lima at an altitude of between 4,000 and 5,000 meters above sea level. Underground in the Socorro, Carmen and Huantajalla mines.