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Released July 18, 2025 | SUGAR LAND
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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Vicuña Corporation (San Juan, Argentina) has submitted an updated environmental impact report to the Argentine authorities, aiming to expand the Josemaría copper mine's operational life from 19 to 25 years. The proposal includes the optimisation of several processes, such as water treatment.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.
The report considers the expansion in the mine's ore-processing rate to 175,000 tons per day, thanks to the increase in mineable inventory.
In terms of water resources, a key aspect of the new submission, the company will add a new well field (La Majadita) and utilise desalinated water from the Pacific. Additionally, the mine will recover and reuse 73% of the water from its operations.
Josemaria is currently in the pre-construction phase, and it is one of the most advanced copper projects in Argentina. Located in the northern province of San Juan, near the border with Chile, Josemaria is expected to bring significant investments and jobs to the region.
Vicuña is a joint venture owned by Lundin Mining (Vancouver, British Columbia)(50%) and BHP Group (Melbourne, Australia) (50%). Besides Josemaria, Vicuña also owns the Filo de Sol asset, which is currently in exploration. (Click here for the project report.)
In June, Lundin mentioned in a statement that the company is conducting an integrated study of the Filo del Sol and Josemaria prospects and expects to complete it by Q1 next year. "The integrated study will outline a development concept for the combined project, including a production profile and capital estimate," mentioned Lundin in the statement.
According to Lundin, Vicuña ranks in the top 10 for mineral resources worldwide, with 13 million tons of copper of measured and indicated (M&I) reserves and 25 million tons inferred. The asset also contains gold of 32 million ounces M&I and 49 million ounces inferred, as well as silver, with 659 million ounces M&I and 808 million ounces inferred.
In May, Vicuña's director, Jose Morea, told Reuters that the company will be submitting an explication for the Incentive Regime for Large Investments (RIGI) to obtain fiscal and legal benefits in Argentina.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.
The report considers the expansion in the mine's ore-processing rate to 175,000 tons per day, thanks to the increase in mineable inventory.
In terms of water resources, a key aspect of the new submission, the company will add a new well field (La Majadita) and utilise desalinated water from the Pacific. Additionally, the mine will recover and reuse 73% of the water from its operations.
Josemaria is currently in the pre-construction phase, and it is one of the most advanced copper projects in Argentina. Located in the northern province of San Juan, near the border with Chile, Josemaria is expected to bring significant investments and jobs to the region.
Vicuña is a joint venture owned by Lundin Mining (Vancouver, British Columbia)(50%) and BHP Group (Melbourne, Australia) (50%). Besides Josemaria, Vicuña also owns the Filo de Sol asset, which is currently in exploration. (Click here for the project report.)
In June, Lundin mentioned in a statement that the company is conducting an integrated study of the Filo del Sol and Josemaria prospects and expects to complete it by Q1 next year. "The integrated study will outline a development concept for the combined project, including a production profile and capital estimate," mentioned Lundin in the statement.
According to Lundin, Vicuña ranks in the top 10 for mineral resources worldwide, with 13 million tons of copper of measured and indicated (M&I) reserves and 25 million tons inferred. The asset also contains gold of 32 million ounces M&I and 49 million ounces inferred, as well as silver, with 659 million ounces M&I and 808 million ounces inferred.
In May, Vicuña's director, Jose Morea, told Reuters that the company will be submitting an explication for the Incentive Regime for Large Investments (RIGI) to obtain fiscal and legal benefits in Argentina.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
