Arequipa Region

Freeport-McMoRan Provides Update on Cerro Verde Mine in Peru

Thursday, March 26, 2020 - 10:25pm

Cerro Verde is engaged in discussions with Peruvian government authorities regarding health protocols which would enable Cerro Verde to conduct limited operations during the state of emergency and position Cerro Verde for a return to normal operations as restrictions are lifted.

Key Points: 
  • Cerro Verde is engaged in discussions with Peruvian government authorities regarding health protocols which would enable Cerro Verde to conduct limited operations during the state of emergency and position Cerro Verde for a return to normal operations as restrictions are lifted.
  • Cerro Verde is a major contributor to the national and local economy and is one of the largest employers in the Arequipa region.
  • Freeport-McMoRan owns 53.56% of Cerro Verde, which operates one of the worlds largest concentrating facilities near Arequipa, Peru.
  • In 2019, Cerro Verde produced 1.0 billion pounds of copper and 29 million pounds of molybdenum.