{"id":505,"date":"2022-06-10T04:45:03","date_gmt":"2022-06-10T04:45:03","guid":{"rendered":"https:\/\/amcmining.wpengine.com\/?page_id=505"},"modified":"2023-02-16T22:31:06","modified_gmt":"2023-02-16T22:31:06","slug":"investments","status":"publish","type":"page","link":"https:\/\/www.americasmining.com\/eng\/investments\/","title":{"rendered":"Investments"},"content":{"rendered":"

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ABOUT<\/span>
\nAMC<\/span><\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”3\/4″ css=”.vc_custom_1645517598964{background-color: #ededed !important;}”][vc_column_text]<\/p>\n

INVESTMENTS<\/span><\/h2>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1654829491252{padding-top: 50px !important;}”][vc_column width=”1\/2″][vc_column_text]Grupo M\u00e9xico\u2019s Mining Division is represented by its subsidiary AMC, whose main subsidiariesare Southern Copper Corporation (SCC) in M\u00e9xico and Per\u00fa, ASARCO in the United States and Minera Los Frailes in Spain.<\/p>\n

 <\/p>\n

> Leader in copper mining<\/p>\n

> Copper producer with the highest organic growth<\/p>\n

> Largest copper reserves and mineral resources in the world<\/p>\n

> Lowest production costs globally<\/p>\n

> Best portfolio of growth projects with diversified assets[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”851″ img_size=”full” alignment=”center”][\/vc_column][\/vc_row][vc_row equal_height=”yes” bg_type=”bg_color” bg_override=”ex-full” bg_color_value=”#c14e00″][vc_column width=”1\/4″][vc_single_image image=”852″ img_size=”full” alignment=”right”][\/vc_column][vc_column width=”3\/4″][vc_column_text]<\/p>\n

We have 14 mines, three metallurgical complexes, and exploration projects in M\u00e9xico, Per\u00fa, the United States, Spain, Chile, Ecuador and Argentina<\/span><\/h1>\n

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HIGHLIGHT PROJECTS<\/h2>\n

[\/vc_column_text]\n\t\t\t

<\/p>\n\t\t\t\n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Arizona\"\nASARCO, ARIZONA
\nPROJECTS IN THE UNITED STATES
\n \n\t\t\t\t\t\t\t<\/rs-layer><\/i> Ray
\n
\nConstruction of the aqueduct to carry water from Hayden was completed.
\n\u2022 Expansion of tailings dam in progress.
\n\u2022 Rehabilitation of the copper electrolytic plant.
\n
\n<\/i> Hayden
\n\u2022 Construction of the rockfill to reinforce and stabilize to the AB-BC tailings storage dams
\nnear the Gila River is in progress.
\n\u2022 We are in the process of constructing a plant to process and recover stored slag
\n \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Los\nPROJECTS IN SPAIN
\nMine Los Frailes \n\t\t\t\t\t\t\t<\/rs-layer>\u2022 Location: Municipality of Aznalc\u00f3llar, Province of Seville, Andaluc\u00eda
\n
\n\u2022 Project progress:
\n
\nFeasibility study completed with attractive results.
\n
\n- We continue with the project\u2019s technical progress, including the development of
\ndetailed engineering.
\n
\n- Working on initiatives to optimize production processes and improve energy efficiency
\nwith renewable technologies. \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Zacatecas\"\nM\u00c9XICO, ZACATECAS
\nCHALCHIHUITES \n\t\t\t\t\t\t\t<\/rs-layer>\u2022 Skarn type deposit.
\n
\n\u2022 Drilling programs carried out between 1980 and 2014 identified 12.6 million tons of
\nore with an average silver content of 110 grams per ton, 2.66% zinc, 0.37% lead and 0.67% copper.
\n
\n\u2022 In 2022, metallurgical testing of cronos ore body will continue, with a complex mix of sulfides and zinc oxides, with the possibility of silver recovery.
\n
\n\u2022 A 5-thousand-meter drilling program is planned for 2022, in the southeast part of the project, in Virgen Morena, which is likely to host epithermal veins. \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Sonora\"\nSONORA, M\u00c9XICO
\nBELLA UNI\u00d3N (LA CARIDAD), \n\t\t\t\t\t\t\t<\/rs-layer>\u2022 A breccia-type satellite deposit with copper and molybdenum mineralization is located less than one kilometer from the southern limit of La Caridad pit.
\n
\n\u2022 Between 2016 and 2020, we carried out a 75-thousand-meter drilling program to define the geometry of the deposit.
\n
\n\u2022 61 million tons of copper sulfides grading 0.67% copper and 69 million tons of leachable ore grading 0.20% copper have been identified.
\n
\n\u2022 With this discovery, La Caridad mine will have grades above 0.50% copper in future years \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Per\u00fa\"\nAPUR\u00cdMAC, PER\u00da
\nLOS CHANCAS \n\t\t\t\t\t\t\t<\/rs-layer>\u2022 Porphyry copper and molybdenum deposit located in the department of Apur\u00edmac in southern Per\u00fa.
\n
\n\u2022 545 million tons of mineralized rock with a copper content of 0.59%, 0.04% molybdenum and 0.039 grams of gold per ton.
\n
\n\u2022 181 million tons of leached mineralized rock with 0.357% copper \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Chile\"\nCHILE
\nMONTONERO PROJECT (EL SALADO)
\n \n\t\t\t\t\t\t\t<\/rs-layer>
\n\u2022 Located in the Atacama Region of northern Chile, this is a copper and gold project.
\n
\n\u2022 The project\u2019s pre-feasibility study is scheduled to be completed by the first quarter of 2022. \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Ecuador\"\nECUADOR
\nCOPPER ROUTE PROJECT
\n \n\t\t\t\t\t\t\t<\/rs-layer>\u2022 Located west of the city of Cuenca and south of Guayaquil. The mineralization is characteristic of a porphyry copper and molybdenum system explored since 2014.
\n
\n\u2022 In 2021, the entire drilling program aimed at evaluating the resource was completed, totaling 121 thousand meters; information with which the project\u2019s feasibility study was initiated.
\n
\n\u2022 The feasibility study is expected to be completed at the beginning of the second quarter of 2022. \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\"Argentina\"\nARGENTINA
\nCA\u00d1AD\u00d3N DEL MORO PROJECT
\n \n\t\t\t\t\t\t\t<\/rs-layer>\u2022 Located in the Province of R\u00edo Negro. Low sulfuration epithermal deposit, with veins that
\naccumulate a total of 7.6 km.
\n
\n\u2022 To date, drilling has defined an epithermal silver deposit with a potential of economic
\ninterest with grades over 9.4 Onz\/Ag.
\n
\n\u2022 By 2022, we expect to increase the resource estimate and define project\u2019s viability \n\t\t\t\t\t\t\t<\/rs-layer>\"\" \n\t\t\t\t\t\t\t<\/rs-layer>\t\t\t\t\t<\/rs-slide>\n\t\t\t\t\t<\/rs-slides>\n\t\t\t\t<\/rs-module>\n\t\t\t\t