{"id":1166537,"date":"2020-02-19T11:01:41","date_gmt":"2020-02-19T17:01:41","guid":{"rendered":"https:\/\/www.mining.com\/?p=1014336"},"modified":"2020-02-19T11:01:41","modified_gmt":"2020-02-19T17:01:41","slug":"hudbay-minerals-secures-access-to-pampacancha-deposit-in-peru","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1166537","title":{"rendered":"Hudbay Minerals secures access to Pampacancha deposit in Peru"},"content":{"rendered":"<p>Hudbay Minerals (TSX: HBM) has <a href=\"https:\/\/hudbayminerals.com\/news-media\/default.aspx#2020\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">secured long-awaited land rights<\/a> for the Pampacancha satellite copper deposit near its Constancia polymetallic mine in Peru, which paves the way to start mining the asset later this year.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The Canadian miner, which<br \/>\ndiscovered Pampacancha in 2011, said that while the community of Chilloroya had<br \/>\nformally approved a surface rights agreement, additional consultation between<br \/>\nthe government and local community was required before it can move forward.<\/p>\n<p>Hudbay\u2019s president and chief executive<br \/>\nofficer, Peter Kukielski,&nbsp;said the satellite pit adds high-grade copper and<br \/>\ngold ore into the Constancia mine plan, lowering future cash costs and<br \/>\nincreasing cash flows at the operation.<\/p>\n<p>Constancia, located in Peru\u2019s southern<br \/>\nhighlands, is slated to produce this year between 100,000 and 125,000 tonnes<br \/>\nof copper, around 45,000 to 55,000 ounces of precious metals, and 1,100-1,200 tonnes<br \/>\nof molybdenum.&nbsp;<\/p>\n<p>Other companies operating in the area, including Glencore\u00a0and\u00a0China Minmetals have faced <a href=\"https:\/\/www.mining.com\/blockade-at-las-bambas-copper-mine-in-peru-risks-output-targets\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">delays due to local opposition to mining<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Land agreement with the community of Chilloroya paves the way for mining to begin by year-end.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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