Sebastian Benavides, Discovery Manager Andes de Anglo Americanhe told management that, despite the International context, Peru It is still an attractive country for explorationabove all, because it is a territory with the largest reserves of copperwhich evidences its potential and the attractiveness for the large mining companies that it houses.
In this regard, he said that Anglo American will continue betting on the Peru. And, after having completed his first great investment in Moquegua con That (US $ 5.5 billion), La Minera is exploring in other areas of the country, focusing on the copper.
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“We have projects in Áncash, Tacna, Huancavelica, Ayacuchoin different sectors of the Perulooking for an upcoming discovery that can be the next firm step of Anglo American in it country”He said Benavides Within the framework of the 14th edition of the International Congress of Prospectors and Explorers – Proexplo 2025organized by the MINAS ENGINEERING INSTITUTE OF PERU (IIMP).
In addition, the Executive mentioned that they are also drilling in That To see the extensions of deposit and observe “What things are both around and continuity of mineralization,” to analyze if they find expansion possibilities. However, he pointed out that these works to see the potential in copper They are still very preliminary.
Quellaveco is the largest mining investment in Peru. (Photo: Anglo American)
Yes ok That It is one Open Tajo Mining Operation, Benavides He indicated that they are open to bet on underground miningbecause they consider that it is where the global industry will go.
“One always would like to find something close to surface, but the new borders of exploration They usually go looking for high laws that are a bit deeper. I think much of the industry, out of just Anglo Americanhe will go to that in the future ”, He scored.
Asked about whether they are evaluating any alliance for an upcoming project, Benavides He explained that, although they have a great team of geologists in the region, they are always open and looking for opportunities so they can work with Junior miners or other companies through a joint venture with the aim of reaching a discovery in the best way.
“We have had different (alliances) in the past, we had one in Áncashwhere we end up buying the project; and in Ecuador We have been in one recently and we continue to evaluate options always”He strengthened.
Finally, he commented that they are evaluating all options that are presented, they are opportunities for Mining projects In its initial or already mature stage. “At the time the options appear, decisions are made about them”he sentenced.
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