The project aims to continue exploiting the mineral resources of the DMH deposit by extending its operation for 30 years. This operation is projected to take place approximately between 2025 and 2054. This involves increasing the total mine movement from 500 to 550 ktpd as an annual average, and the processing rate of ore from 57 to 65 ktpd as an annual daily average, along with an increase in copper concentrate production from the current 700,000 t/year to 830,000 t/year.
The Project consists of extending the useful life of the CMZ operation from June 2025 to December 2051, considering its Closure Phase until 2054, maintaining the current extraction rate of materials from the mine at 260,000 tons per day (tpd) and a production rate of 176,000 tons per year (tpa), as authorized environmentally.
The project consists of the establishment of a new pit, part of the current El Way Mine, called “El Way Este.” This new pit will additionally include one (1) North Dump, one (1) Carbonate Stockpile, one (1) Crushing Plant No. 3, and one (1) Lime Plant, which will be located in another sector, 7 kilometers to the northeast of the mine, called La Negra.
