DAILY NEWS Nov 27, 2012 3:57 PM - 0 comments

COPPER: Xstrata's Antapaccay ships first copper concentrate

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PERU - Xstrata Copper’s Antapaccay copper mine in southern Peru began production of commercial grade copper in concentrates at the beginning of November and has delivered its first shipment to Matarani Port. Commissioning continues as the plant ramps up to the nameplate capacity of 70,000 t/y, a rate that is expected in the first half of 2013. The mine will produce an average of 160,000 tonnes of copper in concentrate per annum, plus gold and silver by-products, in the initial years of production.  

Antapaccay has an expected mine life of more than 20 years, including a new mine and state-of-the-art concentrator facility. The mine is located approximately 10 km from Xstrata's Tintaya open pit mine, where mining activities are scheduled to end in the coming months. 

The most recent resource estimate for the Antapaccay deposit totals over 1 billion tonnes at a grade of 0.49% Cu (0.15% Cu cut-off), including gold and silver by-products. The deposit contains 5 million tonnes of copper metal.

Photos, videos and further information are available Xstrata Copper’s website, XstrataCopper.com

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