A copper mine project for which feasibility studies are expected to be completed in 2015. Anglo American Plc has 81.9% interest in the Quellaveco project through its subsidiary Anglo American Quellaveco SA, the company in charge of its development.
The project is located in the districts of Torata and Samegua province of Mariscal Nieto, Moquegua Peru and considers the exploitation of a copper open pit mine at a rate of 85,000 tonnes per day (tpd). It includes a copper production facility and port expansion.
Copper ore reserves of the project as of Dec 2014 stand at 1,332 Mt out of which 71.4% have been proved. With a lifetime of 29 years and %TCu grade at 0.58, Quellaveco positions itself as one of the biggest copper projects in Peru.
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