Deal #3671

Location #1

Spatial accuracy level
Administrative region
Location
Concepción del Oro, ZAC, México

Target country
Mexico

Land area

Size under contract (leased or purchased area, in ha)
[2014] 11380
Size in operation (production, in ha)
[2014] 11380
Comment on land area
Aura Minerals acquired the Aranzazu mine in June 2008 and holds a 100% interest in the asset.

Intention of investment

Intention of investment
Mining

Nature of the deal

Nature of the deal
Lease
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
[2008] Concluded (Contract signed)

Implementation status

Implementation status
[2012] In operation (production)
Comment on implementation status
The Company declared commercial production for the Aranzazu mine effective February 1, 2011, upon the mine and mill having substantially passed mechanical completion and commissioning. The mine plan for 2012 and 2013 includes a combination of open pit and underground mining, transitioning into full underground operations thereafter.

Operating company

Name of investment project
Aranzazu Project

 

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Data source #1

Data source type
Company sources
File
Date
2009-12-31

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File

Detailed crop, animal and mineral information

Resources area
Copper, Silver, Gold

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
Aura Minerals declared commercial production at the copper-gold-silver Aranzazu mine effective February 1, 2011, with 2012 production targeted at 10.5 million to 11.0 million pounds of copper, 7,500 to 8,500 ounces of gold, and 145,000 to 155,000 ounces of silver.

April 5, 2018, 4:50 p.m.

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April 6, 2016, 6:27 p.m.

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May 6, 2013, 8:05 a.m.

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