Professional Documents
Culture Documents
September 2016
Freeport-McMoRan Mining Assets
Sociedad Minera Cerro Verde
Mine Location
35 km from Arequipa
90 km from Matarani Port
Population
Peru - 30 million
Arequipa 1.2 million
Shareholders
Freeport-McMoRan Inc.:
53.56%
Sumitomo: 21.00%
Buenaventura: 19.58%
Shareholders in Lima Stock
Exchange: 5.86%
Cerro Verde Operations
Pre Expansion
360,000 MT/day Mined 40,000 MT/day Crushed Leach
Mineral Reserves
3.9 billion metric tons at 0.37% Cu and 0.014% Mo and
1.48 g/t Ag, Stripping Ratio = 0.97
Mine Life
30 years (2045)
In 2010, Cerro Verde S.A.A. initiated a feasibility study to evaluate the possibility of
expanding its Production Unit according to its large reserve of sulphides and oxides,
by means of the construction of a second concentrator (C2) with:
a designed capacity of 240,000 MT/day
a leaching platform (PAD1, Phase III) with a capacity of 100,000 MT/day
mine development
a series of similar auxiliary and/or complementary facilities
the relocation and/or modification of various existing infrastructure
6
Cerro Verde Mine Operations
2016 Ore
360,000 MT/day Sulfide Ore
40,000 MT/day Crushed Leach Ore
40,000 MT/day ROM Ore
Shovels
(4) P&H 4100 AC
(2) P&H 4100 DC
(3) P&H 2800
(2) O&K RH200
(1) Additional P&H 4100 DC in 2017
Production drills
(10) PV271
(2) Additional PV271s in 2017
Concentrators
CV1 CV2
13
CV2 Flotation
Flotation Cells
50 X 130 M3
Flotation Cells 66 X 257 M3
CV2 Tailings Thickeners
Linga Tailings Impoundment
Water Our Priority
Arequipa is located in a desert (Atacama desert)
The Peruvian government, authorities of Arequipa, and Cerro Verde
worked together to plan and ensure the hydric resource for future
generations - Collect water in Arequipas highlands with
regulated dam system
- Build a potable water treatment plant,
which is one of the most modern in South
America (PWTP II)
- It benefits 300,000 people currently and
could benefit 750,000 in the future
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Transporting Concentrate
to Matarani Port
Transport of sealed 15
metric ton containers
Transport in trucks from
CV to La Joya transfer
station, approx. 52 km
Transport in train from
La Joya to Matarani,
approx. 55 km
Concentrate Transport at Port
Estimated 2016 Production
Copper in Concentrates
1.04 billion lbs Cu in
2.0 million metric tons of copper
concentrate
Copper Cathodes
110 million lbs Cu
Molybdenum in Concentrates
21 million lbs Mo in
17,500 metric tons of concentrate
Sustainable Development
24
Community Relations
Education Health & Nutrition
Agriculture Training
Community Relations
Small Businesses Infrastructure
Santsimo
Sacramento
Chapel
La
Compaa
Church
Workforce
Approximately
4,100
employees
and 1,800
contractors at
Cerro Verde