About
Las Bambas

Las Bambas is one of the most important copper mines in Peru. It is located in the districts of Challhuahuacho, Tambobamba and Coyllurqui (Cotabambas province), and the district of Progreso (Grau province) in the Apurímac region.

  • We have three main deposits: Ferrobamba, Chalcobamba and Sulfobamba.
  • We are currently mining the Ferrobamba deposit. The operation has mineral reserves of 6.882 million tonnes of copper.
  • In 2019 we produced 385,299 tonnes of copper in concentrate.
Historical milestones
Concentrate
Logistics
Local
Communities
About Las Bambas
Historical milestones
  • 2018

    Presentation and approval of the 3rd MEIA. 

    Start of exploratory studies in the western area of the concession.

  • 2019
    Creation of the “dialogue and commitment fulfillment space for the development of the Cotabambas province and Grau district in the Apurímac region”.
Concentrate
Logistics

Our concentrate is transported in closed containers. We use a bimodal transport system, with trucks transporting the concentrate from the operation to the new transfer station, located between kilometres 138 and 139 of subdivision 4 of the Arequipa - Puno railway line.

It is then taken by rail to the port of Matarani. 

Map of concentrate logistics
Investment in road development
Local
Communities
MMG and Las Bambas contribute to the development of the regions where we operate by creating direct and indirect opportunities and through collaboration with authorities and communities, to improve the quality of life of all people.
COMMUNITIES MAP
Communities and towns adjacent to Las Bambas’ Operations and transport route
Scope

Corporate
Governance

We are aligned with the corporate governance practices of our operator MMG. This is demonstrated through an experienced Board, sound risk management and internal controls, and transparency and accountability to all shareholders.
Ethics
ICMM
Human rights
Las Bambas’
impact
WE ARE ONE OF THE TOP 10 GLOBAL COPPER MINERS AND ONE OF THE LARGEST PRIVATE INVESTMENTS IN PERU (US $10 BILLION).
1,045 MILLIONSOLES IN ROYALTIES GENERATED FROM 2016 TO SEP. 2020, DISTRIBUTED TO THE REGIONAL GOVERNMENT, PROVINCES AND APURIMAC UNIVERSITIES.
DISTRIBUTION OF CONTRACTUAL ROYALTIES DISTRIBUTED BY PROVINCES AND INSTITUTIONS
See Chart
17% REDUCTION OF POVERTY IN APURIMAC REGION (BETWEEN 2012 AND 2017).
640 MILLION SOLES IN LOCAL AND REGIONAL GOODS AND SERVICES.
4,282 MILLION SOLES IN TAXES AND OTHER PAYMENTS TO THE PERUVIAN GOVERNMENT. 
LAS BAMBAS HAS CREATED MORE THAN 6,000 DIRECT AND INDIRECT JOBS FOR APURÍMAC COMMUNITY RESIDENTS.
MORE THAN 20% OF OUR WORKFORCE IS FROM APURIMAC.
LAS BAMBAS ACCOUNTS FOR APPROXIMATELY 1% OF PERU’S GDP
DISTRIBUTION OF CONTRACTUAL ROYALTIES DISTRIBUTED BY PROVINCES AND INSTITUTIONS
Beneficiary Entities(S/. millions)%
Municipalidades de la Región de Apurímac755.480%
Gobierno Regional de Apurímac141.715%
Universidad Nacional José María Arguedas23.62.5%
Universidad Nacional Micaela Bastidas de Apurímac23.62.5%
Total 2016 - Marzo 2020944.3100%
APURÍMAC REGION
7 PROVINCIAS / 84 DISTRITOS / 2 UNIVERSIDADES PÚBLICAS
El proceso del Estado para la distribución de las regalías contractuales generadas mensualmente a los Gobiernos Subnacionales y Universidades Públicas, toma aproximadamente de meses.
Fuente: Pro-Inversión

Community
Engagement

OUR SOCIAL DEVELOPMENT APPROACH AIMS TO DISTINGUISH ITSELF FROM AN OLDER, TRANSACTIONAL RELATIONS MODEL.
Dialogue processes
Engagement mechanisms
Compliance with commitments (ANNEX K)
Local Culture and Traditions

Environmental
Management

WE ARE COMMITTED TO A PRODUCTION PROCESS THAT IS IN HARMONY WITH THE ENVIRONMENT.
Water access
and use
Environmental monitoring
and impact mitigation
Environmental Impact Study
and Modifications

Innovation

AT LAS BAMBAS, WE BELIEVE THAT WE WILL GUARANTEE OUR SUSTAINABILITY THROUGH INNOVATION. THIS CONVICTION GUIDES OUR CURRENT PROCESSES AND DRIVES OUR VISION OF THE FUTURE.
Productive process
DISCOVER OUR PRODUCTIVE PROCESS
ENTER
Digital vision
DISCOVER OUR DIGITAL VISION
ENTER