The Antamina mine is a large copper and zinc mine, located in the Andes mountain range, 270 kilometres north of Lima, Peru. The deposit is located at an average elevation of 4,200 metres.
We have a 22.5% interest in the mine. Our partners are BHP plc (33.75%), Glencore plc (33.75%) and Mitsubishi Corporation (10%).
The mine is an open pit, truck/shovel operation. A 302 kilometre slurry concentrate pipeline transports copper and zinc concentrates to the port for shipment to smelters and refineries world-wide.
Antamina has entered into long-term copper and zinc concentrate off-take agreements with affiliates of the Antamina shareholders on market terms. We sell our share of Antamina’s copper and zinc concentrates to major smelting and refining companies.