Antamina with a greenlight to expand

21st February 2024 Antamina with a greenlight to expand

Milestone decision

Senace has granted a long-awaited approval for a modification to its environmental impact study for the Antamina copper mine in Ancash. The approval modification will be allowed to extend the mining operation lifespan from 2028 until 2036. The expansion will be followed by a USD 2 billion investment into the Ancash region. Víctor Gobitz, president of the company, hailed the development as a milestone for Antamina and the Peruvian mining industry, reinforcing the company’s commitment to the country and specifically to the Ancash region.

Víctor Gobitz, in a statement, has highlighted that this mining project is a milestone for Antamina and the Peruvian mining industry, which will influence specifically the Ancash region. He has stated: The MEIA is an important milestone for Antamina and the Peruvian mining industry (…) It broadens our horizon and allows us to continue working hand in hand with the authorities and communities,”

Expansion

Based on the approval the Antamina copper mine co-own by co-owned by Glencore, BHP, Teck Resources and Mitsubishi Corporation will be increased by 25%. The open pit will be deepened by 150 meters and ore exploitation will be of ca. 173,000 tonnes per day. The daily waste movement is expected to be 742,000 tonnes.

Local skepticism

All changes that will be implemented, are aimed at ensuring safe conditions for workers, local communities, and the environment However a large scale of skepticism was observed last year. In September, hundreds of residents from the district of Llata protested at the doors of Antamina’s. The demonstrators, protested over alleged unfulfilled agreements, focusing on a common problem in Latin America the clash between natural resource extraction and community rights and environmental preservation.

High-level meeting


The approval was granted one week after a high-level meeting between Ministerio de Energía y Minas and representatives from the largest mining companies operating in Peru. The main aim of the meeting with Oscar Vera was a new digital initiative that will simplify and speed up the permitting procedure.

WMC 2026 in Peru

Taking all the above into consideration we would like to invite everyone to the 27th World Mining Congress will be organized in 2026 in Peru. This event will be a world platform where the future of mining and solutions to appearing problems will be discussed.

Next WMC Congress

World Mining Congress

2026

The 27th World Mining Congress will be organized in 2026 in Peru. Detailed information can be found either on the 27th WMC official webpage or the first circular.

Learn more
27th
Next IOC Meeting

IOC / WMC Meeting

2025

The 106th IOC/WMC meeting will be organized on September 18th 2025 in Jakarta, Indonesia.

Learn more
106th

Our news Others news

25th August 2025

Machu Picchu landscape. Source: Unsplash.

Peru’s Mining Sector Shows Strong Growth The Minister of Energy and Mines, Jorge Montero, announced that…

22nd August 2025 Peabody Energy announces the termination of its agreements with Anglo American

Coal. Source: unsplash.

Peabody Energy has made a press release announcing the termination of its agreements with Anglo American…

21st August 2025 Glencore has taken an important $13 billion step in Argentina

Truck during hauling process. Source: Photo by Dominik Vanyi on Unsplash.

Glencore has informed that it has officially submitted applications for El Pachón and Agua Rica projects…

18th August 2025 Seabed collaboration

Seabeds raw minerals. Source; Photo by Nathan Langer on Unsplash

The Governments of the United States of America and the Cook Islands are launching a new…

12th August 2025 Fortescue secures landmark $1.98B loan to accelerate decarbonisation

Open pit mine aerial view. Source: Photo by Manuel Manser on Unsplash

Fortescue has just signed a US $1.98B yuan-denominated syndicated loan to supercharge its decarbonisation plans. This…

6th August 2025 Water and tailings in the spotlight: A call for innovation, transparency, and technical excellence

Crowded conference. Source: Photo by Alexandre Pellaes on Unsplash

On August 28–29 at the College of Engineers of Peru in Lima (San Isidro) the 2nd…

31st July 2025 Torex acquires Los Reyes Project through Prime Mining deal

Gold bars. Source: Unspalsh.

Torex Gold Resources Inc. has announced a definitive agreement to acquire Prime Mining Corp. in an…

30th July 2025 Peru at a crossroads, $6 billion in mining projects under review amid deep political unrest

Machu Picchu landscape. Source: Unsplash.

Reuters has reported that on Peru’s Independence Day, President Dina Boluarte stood before Congress and delivered…

24th July 2025 27th World Mining Congress

Background image of Peru's landscape

We’re excited to announce that Lima, Peru, will host the 27th World Mining Congress (WMC) from…

23rd July 2025 Demirli copper mine with first production, another milestone for Anglo Asian Mining

Hauling at the open-pit mine. Source: Photo by omid roshan on Unsplash

Anglo Asian Mining PLC has made a press release informing about first copper production at the…