Canadian miner Hudbay Minerals is reportedly planning on a US$210 million investment in its Constancia copper mine in Peru, which will see an expansion of the pit, new processing equipment, and increasing the height of the tailings dam wall.
The miner expects to begin the works in the fourth quarter of 2025. The mine’s life remains unchanged and is expected to run until 2030.
“It should be noted that the proposed modifications do not increase the approved processing capacity of 85,000 tonnes per day, since they are focused on improving current performance by processing the currently mined ore that is harder,” stated a report sent to environmental certifier Senac.
Regarding technological improvements, Hudbay expects to add a third ball mill, two crushers and two ore sorters, among other machinery.
Source: BNamericas