Posted by Daniel Gleeson on seventh August 2024
Luca Mining Corp has engaged Cominvi, S.A. de C.V. to hold out core mining operations on the firm’s 100% owned Campo Morado copper-zinc-gold mine in Guerrero state, Mexico.
Cominvi is, Luca Mining says, one of many largest and most revered mining contractors in Latin America with a selected experience in underground mining. It has a well-earned popularity for delivering glorious outcomes with the best diploma of security and duty.
Working with Cominvi will enable Luca to shortly improve manufacturing at Campo Morado and can present cost-effective entry to newer mining tools for the corporate’s ongoing operations. Luca Mining added: “The addition of Cominvi to our operations group will assist be sure that Campo Morado can meet and exceed its every day manufacturing targets and can present a fast path to additional will increase in manufacturing and revenues with out incurring vital capital expenditures. ”
Dan Barnholden, CEO of Luca Mining, mentioned Comvini convey unimaginable experience and expertise to Campo Morado and can significantly improve the corporate’s operational flexibility.
“The timing of this choice is fortuitous as Cominvi has simply accomplished a significant mining challenge close by and, due to this fact, mobilisation will happen very fast,” he mentioned. “We intend to extend our mill throughput from the present 1,400-1,600 t/d to 2,000 t/d by 12 months finish and proceed to push ahead to 2,400 t/d mill charge throughout 2025. These achievements, together with the corporate’s beforehand introduced Campo Morado Enchancment Undertaking to extend metallurgical recoveries and produce larger worth concentrates, could have a fabric optimistic affect on the corporate’s manufacturing, prices and money stream.
“Cominvi’s seasoned group can be an vital issue within the execution of those plans.”
Luca Mining is a diversified Canadian mining firm with two 100%-owned producing mines in Mexico inside the prolific Sierra Madre Mineral Belt. The corporate produces gold, copper, zinc, silver and lead from these mines that every have appreciable growth and useful resource upside.
