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8 Pages

Boleo SxEw copper mine


Boleo SxEw copper mine

Report summary

The mine started operating in 2015. The initial proposed Boleo project comprised an underground mine, supplemented by production from a series of open pits to feed 3.1Mt/a of ROM ore to a hydro-metallurgical facility designed to produce up to 55kt/a of cathode grade copper, 2.2kt/a of cobalt cathode and 45kt/a of zinc sulphate.
The area of the mine was previously exploited for its copper reserves from 1888 until 1972 with approximately 18Mt of ore treated.

What's included?

This report includes 2 file(s)

  • Boleo SxEw copper mine PDF - 467.47 KB 8 Pages, 2 Tables, 1 Figures
  • Boleo SxEw copper mine project XLS - 543.00 KB

Description

This Copper Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.

Copper producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.

Wood Mackenzie's cost methodology is the established global industry standard, relied on by the world’s leading investment banks and mining companies to make strategic, operational and investment decisions.

Our analysts are based in the markets they analyse, working with high-quality proprietary cost databases and cost curve analyses to write consistent and reliable insights. Our database includes over 2,450 asset analyses covering more than 1,000 companies worldwide.

  • Key facts
  • Summary and key issues
    • Summary
    • The mine started operating in 2015. The initial proposed Boleo project comprised an underground mine, supplemented by production from a series of open pits to feed 3.1Mt/a of ROM ore to a hydro-metallurgical facility designed to produce up to 55kt/a of cathode grade copper, 2.2kt/a of cobalt cathode and 45kt/a of zinc sulphate.
    • The area of the mine was previously exploited for its copper reserves from 1888 until 1972 with approximately 18Mt of ore treated. Ore was mined underground from thin seams using labour-intensive methods and a low-level of mechanisation. Ore was sent for direct smelting, and anything under 3% copper was considered waste. No previous attempt was made to remove zinc and cobalt.
    • Key issues
    • A feasibility study for potential production of 100kt/a manganese in the form of a carbonate was scheduled to begin in H1 2011. This study has yet to be undertaken. Manganese production has been excluded from the accompanying analysis until the viability of the proposed extraction process is supported by a technical report.
    • As of October 2011, construction was reported to be underway, and the first stage of surface and underground mining activities had commenced. Production was expected to ramp up over 18 months and first commercial production was originally scheduled for 2013.
    • By end-September 2014, total capital expenditure incurred was $1.751 billion and it was estimated that a further $200 million was required to bring the project to commercial production. These estimates have been includes in the accompanying analysis.
    • The accompanying analysis assumes 22 Kt of copper cathode will produced in 2016.
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Costs
    • CAPEX
  • Operations
    • Mining
    • Processing
  • Timeline

In this report there are 3 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Detailed map
  • Participation
  • Geology
  • Reserves and resources
    • Reserves and resources: Table 1
  • Costs
  • Operations
  • Timeline
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