“Piedras Verdes mine is located in the Mexican mining district of Sonora. PV mine is an elongated porphyry copper deposit that, based on exploration to date, is five kilometers long in an east-west direction and over one kilometer wide in a north-south direction covering approximately 3,809 hectares.
It has a mine life lasting through 2031 and estimated reserves of 420.3 million tons of copper.
Piedras Verdes produces LME Grade A copper cathode and copper concentrate. Its operations consist of a low-grade ROM leaching system, a crushing system, a leach pad and stacking system, a solution extraction plant, and an electro-winning tank house that produces copper cathode. In addition, we also operate a high-grade crushing system and sell high-grade crushed ore for flotation to Kupari Metals, who operates a flotation plant that produces copper concentrate. PV is currently operating at close to capacity of 87 tpd (tons per day) of copper cathode and 37 tpd of copper contained in concentrate.
We sell our Grade A LME copper cathode to internationally renowned, creditworthy commodity traders. We select our traders through a competitive periodic bidding process open only to well-known commodity traders.”