Mantos Copper has a portfolio of projects focused on increasing the production, reducing costs and extending the useful life of its operations. We are also looking for opportunities to form alliances and new business in a way that maximizes the value of our assets, to consolidate and grow the importance of Mantos Copper in Chile and in the global copper market.
Our primary projects are:
Mantoverde Development Project (MVDP)
This project involves the extraction of sulphide ore from the year 2021 at Mantoverde, Atacama Region. Its development will allow to obtain during the first 10 years a production of 106 thousand tons of copper and 33 thousand ounces of gold annually, including approximately 74 thousand tons of copper contained in clean high grade concentrate per year.
This project is currently projected to have a life of 18 years and involves the construction of a concentrator plant and a tailings storage facility, both with high safety and quality standards.
The Mantoverde Development Project has an Environmental Quialification Resolution and its feasibility study complies with the NI43-101 standard. This project will transform Mantoverde into a long life and low cost operation, generating about 1.500 jobs during its construction phase and 200 new permanent jobs when it enters into operation.
Mantos Blancos Concentrator De-bottlenecking Project (MBCDP)
The purpose of this project is to increase throughput of the current Mantos Blancos concentrator plant to 7.3 million tons per year, increasing the operation's production to approximately 50 thousand tons of copper contained in clean high grade concentrate per year.
The project considers modifications and/or redesign of current concentrator plant facilities, for optimizing costs and minimizing interference with current operations.
Like the Mantoverde Development Project, this project already has an Environmental Qualification Resolution and its feasibility study complies with the NI43-101 standard.
The implementation and start-up is projected for the end of 2020, and will extend the useful life of Mantos Blancos until at least the year 2035, contemplating reserves for 124 million tons of sulphides and 56 million tons of oxide.