Cerro Verde restarts operations at Peru's top copper mine

Published: Apr 14, 2020 08:46

SMM4, March 13: although operations have been restricted because of the Peruvian government's extension of the state of emergency until April 26. The CerroVerde copper mine in Peru is already in operation, Freeport-McMoRan said on Monday.

Prior to this, affected by the epidemic, the CerroVerde copper mine temporarily entered a state of overhaul until April 12.

CerroVerde is 53.6% owned by Freeport-McMoRan, 21% owned by Sumitomo Metal and 19.6% owned by Buenaventura, which produced a total of 454950 tons of copper last year.

On Sunday, Freeport announced the suspension of operations at the Chino copper mine in New Mexico, which produced 175 million pounds of copper in 2019, making it the third largest copper mine in North America.

"Click to participate in the second China (Yingtan) Copper Industry Summit and the 15th China International Copper Industry chain Summit."

"these enterprises have signed up! (with part of the list of participants)

To sign up for the summit or apply to enter the SMM industry exchange group, please scan the code:

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Soaring energy prices intensify inflation concerns, stronger US dollar drags copper prices down [SMM Copper Morning Comment]
1 min ago
Soaring energy prices intensify inflation concerns, stronger US dollar drags copper prices down [SMM Copper Morning Comment]
Read More
Soaring energy prices intensify inflation concerns, stronger US dollar drags copper prices down [SMM Copper Morning Comment]
Soaring energy prices intensify inflation concerns, stronger US dollar drags copper prices down [SMM Copper Morning Comment]
1 min ago
Tivan Awarded New Turiscai Copper-Gold Licence in Timor-Leste
7 mins ago
Tivan Awarded New Turiscai Copper-Gold Licence in Timor-Leste
Read More
Tivan Awarded New Turiscai Copper-Gold Licence in Timor-Leste
Tivan Awarded New Turiscai Copper-Gold Licence in Timor-Leste
Tivan (ASX: TVN) was awarded Exploration and Evaluation Licence MEL2025-CA-ZC004, covering about 50 km2 immediately north of its Turiscai Project in Timor-Leste, through the country's Second Minerals Tender 2025 administered by the Autoridade Nacional dos Minerais. Following formal grant the Turiscai Project expands from seven to eight licences totalling about 394 km2, consolidating the company's regional footprint. Tivan is targeting copper-gold mineralisation of porphyry and VMS style; rock-chip sampling has returned up to 23.1% Cu, 7.19 g/t Au and 6.17% Zn. The company plans geological mapping, surface geochemistry and a magnetic drone survey, with maiden drilling scheduled for the December quarter 2026.
7 mins ago
Jubilee Metals Scales Integrated Zambia Copper Model as Output Triples
7 mins ago
Jubilee Metals Scales Integrated Zambia Copper Model as Output Triples
Read More
Jubilee Metals Scales Integrated Zambia Copper Model as Output Triples
Jubilee Metals Scales Integrated Zambia Copper Model as Output Triples
Jubilee Metals (AIM: JLP) is scaling up an integrated mine-to-metals copper model in Zambia, with FY2026 combined output from Roan and Molefe reaching 3,739 t of copper, up 225% year on year. Roan produced 2,823 t of copper in concentrate, including 997 t of oxide concentrate (more than ten times the prior year), while Sable refinery cathode output rose 17.5% to 1,207 t. The group is building a domestic copper supply chain through three pillars: third-party feed processing at Roan, owned mining at Molefe and Project G, and refining at Sable, while its Large Waste project targets about 240 million tonnes of historical tailings. Jubilee is divesting South African chrome and PGM assets to become a pure Zambia copper producer.
7 mins ago
Cerro Verde restarts operations at Peru's top copper mine - Shanghai Metals Market (SMM)