Cobre del Mayo is a Mexican mining company that operates the Piedras Verdes open-pit copper mine (“PV mine”), the third largest copper mine in Mexico as measured by production. We produce LME Grade A copper cathode and sell certain types of ore for concentration. We operate a run-of-mine (ROM) heap leach, crushed ore heap leach, and sell high-grade crushed ore for flotation as a function of grade, mineralization and other characteristics.
We operate the PV mine in a safe and environmentally responsible manner, maintaining sound and healthy relationships with the surrounding communities, with whom we strive to make a positive impact.
Our strategy is to maintain stable operation with low sustaining capital intensity, diversify our operational risk through our multiple processes and mining faces, take advantage of opportunities to reduce cash costs, and generate quality jobs for our people.