MAIN MINING PROJECTS


The mining projects presentation is made according the amount of investment and the description is based in the Latin American country location, from the North to the South.

Some countries are omited since their mining significance is not relevant

MEXICO

I. Mulatos
II. El Chanate
III. Peñasquito
IV. Ocampo
V. Ixhuatán

I. Mulatos

Location : Sonora State.
Production : Gold (Au).
Investment : 60 – 80 USD$ MDD
Owner : Alamos Gold.

This information was obtained in: www.economia.gob.mx


II. El Chanate

Location : Sonora State.
Production : Gold (Au).
Investment : 70 (USD$ MDD)
Owner : Capital Gold.

This information was obtained in: www.economia.gob.mx


III. Peñasquito

Location : Zacatecas State.
Production : Lead (Pb), Zinc (Zn), Silver (Ag), Copper (Cu).
Investment : 149 (USD$ MDD)
Owner : Western Silver.

This information was obtained in: www.economia.gob.mx

IV. Ocampo

Location : Chihuahua State.
Production : Gold (Au), Silver (Ag).
Investment : 180 - 220 (USD$ MDD)
Owner : Gammon Lake Resources.

This information was obtained in: www.economia.gob.mx

V. Ixhuatán

Location : Chiapas State.
Production : Gold (Au), Silver (Ag).
Investment :
Owner : Linear Gold Corp.

This information was obtained in: www.economia.gob.mx


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CHILE


I. Pascua-Lama
II. Cerro Casale
III. Spence
IV. Ampliación Los Pelambres
V. Gaby

I. Pascua-Lama

Location : IIIº Region, 53 Km., to the South of El Indio mine. This project conforms one productive unity with Lama mine in the argentinean site.
Production : Gold (Au), Silver (Ag).
Investment : US$ 1.750.000.000.-
Owner : Barrick Gold Corp. (Canada 100%).

This information was obtained in: www.cochilco.cl


II. Cerro Casale

Location : III Region, in Aldebarán, in the South in the Maricunga auriferous district,100 Km., to the East of Copiapó.
Production : Gold (Au), Copper (Cu).
Investment : US$ 1.650.000.000.-
Owner : Placer Dome Inc. (Canada 51%), Arizona Star Resources (Canada 25%), Bema Gold Corp. (Canada 24%).


This information was obtained in: www.cochilco.cl

III. Spence

Location : III Region, 8 Km., in the Northeast of Sierra Gorda.
Production : Copper (Cu).
Investment : US$ 990.000.000.-.-
Owner : BHP Billinton (Australia/Reino Unido, 100%).

This information was obtained in: www.cochilco.cl

IV. Ampliación Los Pelambres

Location : IV Region, near from Argentinean limit and 163 Km., of the coast.
Production : Copper (Cu).
Investment : US$ 450.000.000.- (Tranque Mauro) plus US$ 500.000.000.- (enlarging mining).
Owner : Antofagasta Minerals (Chile 60%), Consorcio Japonés (Nippon Mining, Marubeni, Mitsui, Mitsubishi Materials Corp.y Mitsubishi Corp. (40%).

This information was obtained in: www.cochilco.cl


V. Gaby

Location : II Region, in Domeyco mountain, near San Pedro de Atacama, 120 Km., from Calama.
Production : Copper (Cu).
Investment : US$ 770.000.000.-
Owner : CODELCO CHILE (Minera Gaby).


This information was obtained in: www.cochilco.cl

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PERÚ

I. Quellaveco
II. Minas Conga
III. Tambogrande
IV. Alto Chicama
V. San Gregorio
VI. Berenguela


I. Quellaveco

Location : Torata district, West longitude 70º35’20’’O, Mariscal Nieto province, South latitude 17º06’08’’, Moquegua department.
Production : Copper (Cu), Molybdenum (Mo)
Investment : US$ 1000 millones.-
Owner : Compañía Minera Quellaveco S.A.


This information was obtained in: www.minem.gob.pe


II. Minas Conga


Location : Baños del Inca district, West longitude 78º22’33’’O, Cajamarca Province, South latitude 06º54’49’S, Cajamarca Department.
Production : Gold (Au), Copper (Cu), Silver (Ag).
Investment : US$ 900 millones.-
Owner : Minera Yanacocha S.A.

This information was obtained in: www.minem.gob.pe


III. Tambogrande


Location : Tambogrande district, West longitude, 80º18’40’’O, Piura Province, South latitude 04º56’51’’S.
Production : Gold (Au), Zinc (Zn), Copper (Cu), Silver (Ag), Lead (Pb).
Investment : US$ 400 millones.-
Owner : Manhattan Sechura S.A.

This information was obtained in: www.minem.gob.pe


IV. Alto Chicama


Location : Usquil District, West longitude 78º15’00’’O, Otuzco Province, South latitude 07º50’57’’S, La Libertad department.
Production : Gold (Au), Silver (Ag), Copper (Cu).
Investment : US$ 370 millones.-
Owner : Barrick Misquichilca S.A.

This information was obtained in: www.minem.gob.pe


V. San Gregorio

Location : Tinyahuarco District, West longitude 76º15’57’O, Pasco Province, South latitude 10º47’25’’S, Pasco department.
Production : Zinc (Zn), Lead (Pb), Silver (Ag), Bismuth (Bi), Cadmium (Cd).
Investment : US$ 200 millones.-
Owner : Sociedad Minera El Brocal /Cominco.

This information was obtained in: www.minem.gob.pe


VI. Berenguela

Location : Cabanillas District, West longitude 70º34’00’’O, San Román Province, South latitude 15º40’00’’S, Puno department.
Production : Copper (Cu), Silver (Ag), Arsenic (As).
Investment : US$ 150 millones.-
Owner : Kapes Cassiday y Associates.


This information was obtained in: www.minem.gob.pe

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ARGENTINA


I. Veladero
II. Cerro Vanguardia
III. Cordón Esquel
IV. Alumbrera
V. Agua Rica

I. Veladero


Location : San Juan Province, Valle del Cura department.
Production : Gold (Au), Silver (Ag).
Investment : In October of 2002, Barrick determined to spend U$S 7million to 2002 balance and U$S 16 million more in 2003 to prepare the area, and this enterprise confirmed that the exploration invetment overcame the U$S 80 million. In 7/27/04 Barrick signed a financing agreement with comercial banks y credit agencies to get U$S 250 million to the construction of the plant wich will extract gold, it will disponse of the same one in the 2004 last quarterly. The productive investment – from the begining of the construction since oct/2003- will be U$S 455 million.
Owner : Homestake de Argentina S.A.

This information was obtained in: www.barrameda.com.ar , www.mineria.gob.ar

II. Cerro Vanguardia


Location : Provincia Santa Cruz, Magallanes department.
Production : Gold (Au) y Silver (Ag).
Investment : Approximately $40 million in the exploration stage and $197.000.000 have been reserved until the beginnging. The exploration plan 2001 to 2003 has been destined to localize and classify resources, the plan wil use up U$S 5 million. The investment –mine and plant- totals projected since 2002 to 2006 in million U$S, are: million investment years U$S

2002 3.7
2003 6.2
2004 7.1
2005 1.3
2006 4,0
Owner : Cerro Vanguardia S.A.

This information was obtained in: www.barrameda.com.ar , www.mineria.gob.ar


III. Cordón Esquel


Location : Chubut Province, zone/department
Production : Gold (Au).
Investment : Unknown
Owner : Unknown


This information was obtained in: www.barrameda.com.ar , www.mineria.gob.ar


IV. Alumbrera


Location : Catamarca Province, Belén department, 150 Km. to NW of Andalgalá.
Production : Gold (Au), Copper (Cu) y Metal Doré
Investment : $ 1.200 million to the later constant constructión and improvements to maintain de production. For an additional dircuit of milling construction, they inverted U$S 24 million, and in the grinding one of round stones, U$S16 millions. Since the end of 2002 and during 2003, they inverted U$S 6,5 million to optimize the flotation circuit. In addition, the enterprise continues exploratory works
in order to increase the reserves. During 2004 the enterprise total investment will be U$S 28 million (part in mine y part in plant).
Owner : Minera Alumbrera Ltda.

This information was obtained in: www.barrameda.com.ar , www.mineria.gob.ar


V. Agua Rica


Location : Catamarca Province, Andalgalá department 35 Km to de East of Bajo de la Lumbrera warehouse.
Production : Gold (Au) Copper (Cu) y Molybdenum (Mo).
Investment : The investment until January ends of 2004 has been of U$S 60 million. The project construction would require a investment wich goes of US$ 150 million and to US$ 500 million it depends of the three development options it is chosen, determined Stephen Wilkinson, president and manager of Northern Orion Explorations .-. He determined that the options are:

1) An operation batteries leaching of 50.000t/d,
2) A concentrated operation of 68.000t/d o
3) A combination of both.

With the first option, Agua Rica would produce near 180.000t/a of copper with direct production costs that oscillate between US$ 0,35/lb and US$ 0,45/lb, after considering gold and molybdenum with economic interest.
Owner : Northern Orion.


This information was obtained in: www.barrameda.com.ar , www.mineria.gob.ar

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BOLIVIA


I. Mina Caracoles
II. Mina Huanuni
III. La Joya
IV. San Cristóbal
V. Don Mario
VI. Cerro Rico

I. Mina Caracoles


Location : Inquisivi province, La Paz department, near 13 Km to NW of Quime. This enterprise is owner of Argentina mine, Pacuni and Carmen Rosa.
Production : Tin (Sn)
Investment : Unknown
Owner : Minera Caracoles wich is depending of Corporación Minera de Bolivia.

This information was obtained in: www.bolivia.com

II. Mina Huanuni


Location : Dalence province, Oruro departament, 50 Km to the southeast of the city.
Production : Tin (Sn)
Investment : Unknown
Owner : Corporación Minera de Bolivia.

This information was obtained in: www.bolivia.com

III. La Joya

Location : Eastern extreme of the central highland plain.
Production : Gold (Au)
Investment : Unknown
Owner : Unknown

This information was obtained in: www.bolivia.com


IV. San Cristóbal


Location : Bolivian southwest, 90 km to the southwest of Uyuni town and 150 km to the east of the Chilean frontier.
Production : Silver (Ag)
Investment : Unknown
Owner : Minera San Cristóbal S. A.

This information was obtained in: www.bolivia.com


V. Don Mario

Location : 70 Km Northeast from de San Juan town, Chiquitos province, Santa Cruz department.
Production : Copper (Cu), Gold (Au).
Investment : Unknown
Owner : Unknown

This information was obtained in: www.bolivia.com


VI. Cerro Rico

Location : 70 Km Northeast from the San Juan town, Chiquitos province, Santa Cruz departament.
Production : Silver (Ag), Zinc (Zn), Tin (Sn).
Investment : Unknown
Owner : Unknown

This information was obtained in: www.bolivia.com

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COLOMBIA


I. Cañón del Río Cauca
II. Batolito de piedrancha-Guachavéz
III. Serranía de Lucas
IV. Tararia
V. Batolito de Mandé


I. Cañón del Río Cauca

Location : Antioquía, Caldas, Risaralda, Quindío, Valle and Cauca.
Production : Gold (Au), Copper (Cu), Lead (Pb), Zinc (Zn).
Investment : Unknown
Owner : Unknown


This information was obtained in: www.miningwatch.ca


II. Batolito de Piedrancha-Guachavéz

Location : Nariño
Production : Gold (Au), Copper (Cu)
Investment : Unknown
Owner : Unknown

This information was obtained in: www.miningwatch.ca


III. Serranía de Lucas

Location : To the south of Bolivar.
Production : Gold (Au), Silver (Ag), Copper (Cu).
Investment : Unknown
Owner : Unknown

This information was obtained in: www.miningwatch.ca


IV. Tararia

Location : Guainía.
Production : Gold (Au).
Investment : Unknown
Owner : Unknown

This information was obtained in: www.miningwatch.ca


V. Batolito de Mandé

Location : Chocó And Antioquía.
Production : Copper (Cu), Gold (Au), Molybdenum (Mo).
Investment : Unknown
Owner : Unknown

This information was obtained in: www.miningwatch.ca

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VENEZUELA

I. San Isidro
II. Altamira
III. Cerro Bolívar
IV. Los Barrancos
V. Las Cristinas


I. San Isidro

Location : Bolivar State, 130 Km. to the southwest of Guayana City.
Production : Iron ore (Fe).
Investment : Unknown
Owner : CVG Ferrominera Orinoco C.A. (Fierrominera Orinoco and Corporación Venezolana de Guayana).


Esta información fue obtenida de las páginas: www.ferrominera.com , www.asimet.cl


II. Altamira


Location : Bolívar State, to the South of Orinoco river, C Piar City.
Production : Iron ore (Fe).
Investment : Unknown
Owner : CVG Ferrominera Orinoco C.A. (Fierrominera Orinoco and Corporación Venezolana de Guayana).


Esta información fue obtenida de las páginas: www.ferrominera.com , www.asimet.cl


III. Cerro Bolívar

Location : Bolívar State, 130 Km. to the Southwest of Guayana City.
Production : Iron ore (Fe).
Investment : Unknown
Owner : CVG Ferrominera Orinoco C.A. (Fierrominera Orinoco and Corporación Venezolana de Guayana).

Esta información fue obtenida de las páginas: www.ferrominera.com , www.asimet.cl


IV. Los Barrancos

Location : Bolívar State, 130 Km. to the southwest of Guayana City.
Production : Iron ore (Fe).
Investment : Unknown
Owner : CVG Ferrominera Orinoco C.A. (Fierrominera Orinoco and Corporación Venezolana de Guayana).

Esta información fue obtenida de las páginas: www.ferrominera.com , www.asimet.cl


V. Las Cristinas

Location : To the Southwest of Venezuela, in the 88 Km of Bolívar State.
Production : Gold (Au), Copper (Cu).
Investment : US$60 Millones.
Owner : Minera Las Cristinas C.A., filifal of Vanessa Venture Ltd.

Esta información fue obtenida de las páginas: www.minca.com.ve

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Mining Services