LIMA, Sep 16, 2011 (Dow Jones) -- The $2.2 billion Toromocho copper project in central Peru is expected to enter into production in October, 2013, a high-level company official said late Thursday.
Company executive David Thomas said at a mining conference in Arequipa that construction of the mine began in May.
The open pit mine is expected to last 36 years, producing mainly copper but also molybdenum and silver.
Toromocho is owned by Minera Chinalco Peru, a subsidiary of the Aluminum Corp. of China Ltd. (2600.HK, 601600.SH, 2600.HK, K3HD.SG), or Chinalco. (ACH)