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Atacocha

Atacocha

Mine

Zinc, Lead, Silver and Gold

Type

Open Pit and Underground Mine

Plant Capacity

4.4 ktpd

Ownership

83.48% (1)

Location

Peru

¹The ownership percentage is attributable to Nexa Resources.

Location

Atacocha is a polymetallic underground and open pit polymetallic mine, wholly owned by Nexa Resources Atacocha S.A.A. (formerly Compañía Minera Atacocha), located in the district of San Francisco de Asís de Yarusyacán, in the province of Pasco, Peru.

Overview

Operations began in 1938 and, in 2023, the Atacocha mine produced approximately 8.2 thousand tonnes of zinc contained in concentrates, 11.1 thousand tonnes of lead contained in concentrates, 1,399.7 thousand ounces of silver contained in concentrates and 7.6 thousand ounces of gold contained in concentrates. The ore is treated at a concentrate plant that has a processing capacity of 4.4 thousand tonnes of ore per day.

 

2023 2022 2021
Treated ore kt 1,394 1,354 1,271
Grade
Zinc % 0.77 0.89 0.88
Copper %
Lead % 0.93 0.97 0.82
Silver oz/t 1.21 1.05 1.01
Gold oz/t 0.01 0.01 0.01
Production | metal contained
Zinc kt 8.2 9.6 8.5
Copper kt 0.0 0.0 0.0
Lead kt 11.1 11.2 8.7
Silver MMoz 1.4 1.2 1.0
Gold koz 7.6 13.6 11.9
Cash Cost, net of by-product credits US$/t (959.7) (1,566.2) (557.7)
Cash Cost, net of by-product credits US$/lb (0.44) (0.71) (0.25)
CAPEX US$ mm  16.2 4.5 11.6
Geology and Exploration

In 2023, we spent approximately US$0.2 million on the Atacocha brownfield program for exploration maintenance. In 2023, we had no drilling activities at Atacocha. We have budgeted US$0.4 million for the program during 2024 for maintenance and data interpretations, including 3.0 km of the drilling campaign in the Integration target.