Las Bambas celebrates twenty years of history, during which it has contributed to regional and national development.
The Chalcobamba deposit begins operations, and the 4th MEIA is approved.Las Bambas celebrates twenty years of history, during which it has contributed to regional and national development.
The Chalcobamba deposit begins operations, and the 4th MEIA is approved.Preparatory works for the operation of the Chalcobamba pit begin, led by the Huancuire community company (CORHUAN).
The copper concentrate stockpile is reduced due to social conflicts.
First mining revenues (canon) were granted to the Apurimac region.
A fifty-seven-day invasion to Las Bambas property restrained production.
The social and environmental baseline for the fourth EIS amendment was prepared (80% progress).
First Income Tax payment.
The stage 2 project initiated.
The fourth EIS amendment was submitted.
Operations continued despite of COVID-19 with zero shutdowns.
The third EIS amendment was approved.
The exploration studies in the west side of the concession initiated.
The first full year of commercial production was achieved.
Las Bambas production reached over 450,000 tons of copper concentrate.
The third EIS amendment was submitted.
The first copper concentrate batch was shipped.
The commercial production initiated.
The first copper concentrate production was released as part of the commissioning activities.
The commissioning stages and gradual production ramp-up were implemented to reach full production capacity.
EIS amendment was submitted for road transportation of copper concentrate.
Las Bambas mining project was acquired by the joint venture MMG Limited, Guoxin International Investment Co. Ltd. and CITIC Metal Co. Ltd.
The physical resettlement of the Fuerabamba community initiated.
Glencore became the owner of Las Bambas after Xstrata acquired the exploration rights.
65% progress was made on the pioneering roads, 40% on the concentrator plant, and 95% on the Las Bambas – Espinar access road improvement.
The engineering of roads and main components were completed for the start of the operation.
The Las Bambas - Espinar access road improvement works initiated.
Over 60% of investment was allocated to construction.
The government approved the EIS after an extensive citizen participation process.
Xstrata-Glencore announced a 10% increase in the Las Bambas mineral resources, equivalent to 1.71 billion tonnes at 0.6% copper grade.
The Environmental Impact Study (EIS) public hearing was held in Challhuahuacho.
Xstrata-Glencore signed a contract with the government to transfer the Las Bambas mining concessions titles (4.2 billion USD investment).