Cerro Verde

Cerro Verde is a Peru-based mining company. Its activities include the extraction, exploitation and production of copper from the porphyry copper deposit located southeast of the city of Arequipa. In addition, the company holds a copper sale agreement with Sumitomo Metal Mining, as well as a molybdenum sale contract with Climax Molybdenum Company.[1]

Sociedads Minera Cerro Verde S.A.A.
Public
Traded asBVL: CVERDEC1
IndustryMining
Founded(1970)
HeadquartersArequipa, Peru
Key people
John Douglas Brack (CEO)
ProductsCopper
Revenue US$ 1.7 Billion (2009)
US$ 709.0 million (2009)
Number of employees
1,938
ParentFreeport-McMoRan
WebsiteCerro Verde

Cerro Verde project is undergoing a major expansion in order to increase its concentrator facilities to 360,000 metric tons-per-day (mtd). Fluor Corporation is in charge of the construction management services for said expansion.[2]

Montgomery Watson y Harza (MWH) and Alto Cayma consortium supervised the construction. They have together constructed the La Tomilla II drinking water plant, a social responsibility project through which potable water for residents of Arequipa in Perú is being produced and delivered.[3]

References

  1. https://www.reuters.com/finance/stocks/overview?symbol=CVE.LM
  2. "Cerro Verde Expansion". Digiscend.com. 2014. Retrieved 2014-11-18.
  3. "La Tomilla II drinking water plant". Digiscend.com. 2014. Retrieved 2014-11-26.
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