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Gold Fields explores potential gold and copper deposits in southern Peru
Tuesday, July 9, 2024 - 18:30
Foto Andina

The executive vice president of the mining company, Luis Rivera, said that they are also evaluating the northern part of the country, in the Cajamarca region.

The executive vice president of Gold Fields Region America, Luis Rivera, revealed that the company is exploring areas in both the north and south of Peru.

"We are prioritizing exploration in Cajamarca and Moquegua, the latter with a projection of potential gold and copper deposits that extend to northern Chile," said Rivera.

Likewise, the senior executive pointed out that, although the company is actively working on exploration, they currently do not have any significant acquisitions to report to the market.

This is because Gold Fields is focused on the optimization of Cerro Corona and on complying with the mine life extension plan towards 2030.

North Salt Flats

On the other hand, Rivera highlighted that the Salares Norte project is Gold Fields' most important project worldwide, consolidating the company's presence in South America.

"It makes us a relevant player in the gold industry in Chile and the region, and positions the country among the twenty largest gold producers in the world, increasing its production by 40%," he said in an interview with the Institute of Engineers of Mines of Peru (IIMP).

Likewise, he stated that this project represents excellent news for Chile and the Atacama region, generating 900 permanent jobs, a contribution of 800 million dollars between direct and indirect taxes during its useful life and a total of 320 million annually in productive chain.



Agencia Andina