Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Peru’s Antapaccay copper mine owned by Glencore has suspended activities due to road blockades by the local community.  


According to media reports, the mine produces about 190,000mt of copper concentrate per year, making up 8.8pc of the domestic production in Peru, though it is still unknown whether the blockades and the mine suspension will significantly impact copper production in the area. It is located near Espinar in the Cusco region. Glencore operates two concentrator plants, Antapaccay and Tintaya, about 10kms away from the mine. 


The Antapaccay mine, which is the sixth-largest producer in Peru, is estimated to hold about 218mn mt of mineral reserves, grading 0.49pc copper. It has a planned mine-life of 11 years, ending in 2030. 

Leave a Reply

Your email address will not be published.