Review Article

Econ. Environ. Geol. 2015; 48(2): 161-168

Published online April 30, 2015

© THE KOREAN SOCIETY OF ECONOMIC AND ENVIRONMENTAL GEOLOGY

Gold in Peru: Present Status and Future Challenge

Jorge Acosta1, Alexander Santisteban1, Dina Huanacuni1, Michael Valencia1, Eder Villarreal1, Chul-Ho Heo2*, Bum Han Lee2 and Hyeong-Tae Nam2

1INGEMMET. Dirección de Recursos Minerales y Energéticos. Av. Canadá # 1470. San Borja-Lima 41
2Mineral Resources Research Department, Korea Institute of Geoscience and Mineral Resources, Daejeon 305-350, Korea

Correspondence to : chheo@kigam.re.kr

Received: January 20, 2015; Revised: March 26, 2015; Accepted: April 6, 2015

Abstract

Total reported gold resources in Peru is about 192 Moz. Gold production in Peru was 4.9 Moz in 2013, which was ranked first in Latin America and sixth in the world. Historic cumulative gold production in Peru is 118 Moz, and production from main gold belts including Miocene epithermal belt, Carboniferous-Permian orogenic gold belt and Upper Cretaceous intrusion-related gold belt corresponds to 84%. Most of production areas are located in Northern part of Peru, which corresponds to 63.5% of the total domestic production. Annual production onces in Yanacocha mine and Alto Chicama were 1 Moz and 0.606 Moz in 2013, which were ranked first and second in Peru, respectively. Gold production in Peru is expected to be 6.5 Moz in 2017. To accomplish the expected production, ongoing 14 projects should be developed to the production stage in three years.

Keywords gold, production, Peru

Article

Review Article

Econ. Environ. Geol. 2015; 48(2): 161-168

Published online April 30, 2015

Copyright © THE KOREAN SOCIETY OF ECONOMIC AND ENVIRONMENTAL GEOLOGY.

Gold in Peru: Present Status and Future Challenge

Jorge Acosta1, Alexander Santisteban1, Dina Huanacuni1, Michael Valencia1, Eder Villarreal1, Chul-Ho Heo2*, Bum Han Lee2 and Hyeong-Tae Nam2

1INGEMMET. Dirección de Recursos Minerales y Energéticos. Av. Canadá # 1470. San Borja-Lima 41
2Mineral Resources Research Department, Korea Institute of Geoscience and Mineral Resources, Daejeon 305-350, Korea

Correspondence to:chheo@kigam.re.kr

Received: January 20, 2015; Revised: March 26, 2015; Accepted: April 6, 2015

Abstract

Total reported gold resources in Peru is about 192 Moz. Gold production in Peru was 4.9 Moz in 2013, which was ranked first in Latin America and sixth in the world. Historic cumulative gold production in Peru is 118 Moz, and production from main gold belts including Miocene epithermal belt, Carboniferous-Permian orogenic gold belt and Upper Cretaceous intrusion-related gold belt corresponds to 84%. Most of production areas are located in Northern part of Peru, which corresponds to 63.5% of the total domestic production. Annual production onces in Yanacocha mine and Alto Chicama were 1 Moz and 0.606 Moz in 2013, which were ranked first and second in Peru, respectively. Gold production in Peru is expected to be 6.5 Moz in 2017. To accomplish the expected production, ongoing 14 projects should be developed to the production stage in three years.

Keywords gold, production, Peru

    KSEEG
    Apr 30, 2024 Vol.57 No.2, pp. 107~280

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