Available: Iron mine.
Size: 1400 Ha.
Location: Huancavelica, Peru.
Distance from port: 230 kms.
Port of shipment: Pisco.
Law: between 62% and 65% total iron.
Reservations: 200 Millions tons total iron.
Blow Tonnage: 300.000 tons per month.
Price: USD $ 5 millions.
Legal aspects: Title, all OK.
In the mining industry, Peru is considered an important global producer of precious metals and base metals, such as zinc, lead and tin. However, iron ore projects have been gaining ground in recent years.
A lot of projects in Cusco and Apurimac, indicates that through drilling they have identified reserves totaling 2 billion metric tons in the area of Andahuaylas and Huancabamba. More have been found at San Juan de Chagña (300 million metric tons in reserves), and in Pampachiri in Andahuaylas (110 million metric tons). Peru must have iron ore reserves totaling five to ten billion metric tons.
Companies that are searching for iron ore deposits in Peru, discoveries have been made in recent years at Pusac and Nuevas Alicias (Apurimac); the Cerro Morritos project (Sama, Tacna), together with China’s Junefield; at Guadalupito and Arenas del Norte, in Ancach and La Libertad (with the exploration firm Latin Resources); Troyamar (Moquegua); and the Ferrosur project (Puno), a joint effort between Mapsa, Paili United and Junefield.
Major reserves also exist at Santa Lucía (Puno), Culebras (Áncash), Paraíso (north of Lima), Dark Horse (Ica), Oro Verde (Arequipa), Punta Bombón (Arequipa) and Hierro Acari (Arequipa).