COBRE LAS CRUCES HAS ONE OF THE WORLD’S RICHEST COPPER DEPOSITS
The CLC copper deposit is exceptionally rich, with 17.6 million tonnes of ore reserves grading 6.2% copper (i.e. 62 kg of copper for every 1.000 kg of mineral), which means the deposit is 7 to 12 times richer in copper than other similar ore bodies. It is located approximately 20 kilometers northwest of the city of Seville and forms part of the Iberian Pyrite Belt, a mineral rich area that stretches across the southwest of the peninsular.
In December 2012 reserves stood at 14.1 million tonnes grading 5.4% Cu, giving the Project an operating future of 10 years, plus two years for closure.
We are currently studying the possibility of treating the Gossan and primary sulphides, thereby prolonging the project life by about 15 years.
The method used for mining the ore from the mineral deposit is open pit. This maximizes the exploitation of the mineral resource, at the same time improving geotechnical control and work safety conditions, both of which influence the operation’s feasibility.