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Mining Project

Cerro Negro

Address
Santa Cruz
Stage
Production
Minerals
Silver
Employment
6,275
Capital Cost
$2,110,000,000.00
Remaining Life
10 Years
Cerro Negro

General Information

Address
Santa Cruz
Location
Google Maps

Description

For 2026, Newmont projects gold production of 220,000 oz, with investments of US$95 million in sustaining capital and US$120 million in development.

Processing

The processing plant facilities consist of a crushing plant, a grinding circuit, agitated leaching, countercurrent decantation, solution clarification, Merril Crowe zinc precipitation and smelting to produce gold and silver doré bars that are shipped to a refinery for further processing.

Average Annual Production

269.000 oz de oro (2023)

Resources & Reserves

As of December 31, 2024, Cerro Negro reported gold reserves of 3 Moz and silver of 20.3 Moz.

Additional Comments

Cerro Negro is located in the Argentine Patagonia, in the province of Santa Cruz, approximately two hours west of the city of Perito Moreno. The mining complex comprises ten mining concessions covering a total of 21,548 hectares, and three exploration licenses spanning 5,339 hectares. Additionally, the company owns adjacent lands with an approximate extension of 11,100 hectares, which include the Bajo Negro and Vein Zone deposits, as well as adjacent prospective areas.

Related companies

Operator

  • OROPLATA100%

Investor

  • OROPLATA100%

Project map