Michiquillay Production Update: $2.50B Capex Over a 25-Year Mine Life
Southern Copper Corporation's Michiquillay in Perú, Cajamarca has a production guidance outlining initial capital of $2.50B. The mine plan runs 25 years at about 225000 t Cu/year per year.
Southern Copper Corporation's Michiquillay has reported production guidance results for the copper project in Perú, Cajamarca. It reflects Southern Copper Corporation's (SCCO) latest disclosed economics for the asset.
Economics. Initial capital expenditure is estimated at $2.50B.
Production and mine plan. Life of mine is 25 years. Average annual production is approximately 225000 t Cu/year. Average head grade is 0.43% Cu.
These figures are extracted from Southern Copper Corporation's technical disclosures and reflect the most recent Production Update on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.
Reserves & Resources
| Category | Tonnage | Grade | Contained |
|---|---|---|---|
| Inferred | 2,288 million tonnes | 0.43% Cu | — |