Río Blanco Copper-Molybdenum Mine
Río Blanco Copper-Molybdenum Mine
Rio Blanco Mine
Río Blanco Copper-Molybdenum Mine
Río Blanco Copper-Molybdenum Mine
  • Location
    Piura Region, Peru
  • Ownership
  • Project status
    In Preparation for construction
  • Deposit Type
    Porphyry Cu-Mo
  • Mineral Resources (Inclusive of Mineral Reserves)
    Contained copper of 11.32Mt with grade of 0.47% and molybdenum of 458kt with grade of 0.02%
  • Mining & Processing methods
    Open-pit mining
  • Project Overview

    The Río Blanco Copper-Molybdenum Mine in Peru is among the ten largest undeveloped copper mines globally, with a world-class, ultra-large, low-grade porphyry deposit. It is located within the Neogene continental magmatic arc in northern Peru and southern Ecuador. The region is home to large, gold-rich, shallow hydrothermal porphyry copper deposits, with broad prospects for discoveries.

  • ESG

    The project fulfills its social responsibilities by contributing to community infrastructure and social welfare through donations, infrastructure construction, and financial assistance. In 2022, the project held activities on the themes of soccer and coffee. It sponsored a community school’s participation in inter-school competitions in the Piura region, renovated school buildings in Piura, and initiated collaborative projects with the Mining Association of the National University of Piura and the Sullana Provincial Government to protect water resources in the Chira River area. The project also assisted communities to register a new coffee production association, participated in the preparation of municipal cleaning and employment assistance projects, and donated agricultural equipment to the community farming association, among other activities.

  • M&A

    Zijin Mining holds a 51% interest in the project, TongLing Nonferrous Metals Group Holding Co., Ltd. 35%, and Xiamen C&D Inc.14%.