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Galeno Copper Mining Project Reactivation

Sector: Metal • Location: Cajamarca, Peru

Source: Diálogo Americas

Project
Pre-Feasibility

China's Minerals and Metals Group (MMG) announced the reactivation of the Galeno copper mining project in northeastern Peru's Cajamarca region after 10 years of inactivity. The project is currently in the pre-feasibility phase with an estimated investment of $3.5 billion. The project has faced environmental concerns related to lagoon and ecosystem destruction, geotechnical impacts, and risks of ac

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The project “Galeno Copper Mining Project Reactivation” is an infrastructure initiative in the Metal sector, located in Cajamarca, Peru. Taiyo aggregates data on it from Diálogo Americas.

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Participants

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Status

Original status

pre-feasibility

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Description

Description

China's Minerals and Metals Group (MMG) announced the reactivation of the Galeno copper mining project in northeastern Peru's Cajamarca region after 10 years of inactivity. The project is currently in the pre-feasibility phase with an estimated investment of $3.5 billion. The project has faced environmental concerns related to lagoon and ecosystem destruction, geotechnical impacts, and risks of acidification and water quality problems due to sulfides.

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Source reliability

High

Data quality score

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Source

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URL

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