Mining Project
Josemaría
General Information
- Investment Company: Lundin Mining
- Operating Company: PROYECTO JOSE MARIA
- Source of Capital: Canadá
- Address: Av. Hipólito Yrigoyen 2950 Este - (5411) - Santa Lucía - Provincia de San Juan
Project Details
Project Photos
Additional Comments
Under sectorial permits process. Final product would be shipped by Rosario port (Santa Fe province) to refineries located in foreign countries. Open pit operation feeding a conventional process plant at an average 152,000 tonnes per day. It needs the construction of a high voltage power line as well as an access road within San Juan province. The estimated capital expenditures in 2024 ($225 million) will continue to support advanciement of the Project prior to a construction decision. An updated capital cost estimate and project schedule is pending completion that will incorporate results from project de-risking initiatives and optimization studies. Capital expenditures primarily include continuation of hydrology work, delivery of long-lead mills and motors. Field activities will include road upgrades and geotechnical work as well as permitting initiatives, mainly for the powerline, access road and community relations programs. The exploration priority will be to test the Cumbre Verde target.