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Antamina

Located at 4500m above sea level in the Ancash region of the Andes mountain range, the mine is a Tier 1 asset, with a current Life of Mine to 2028 and potential for a further 40 years of operation based on the current resource. Well positioned at the bottom of the cost curve, the mine produces significant by-product credits of zinc and silver. It has a strong EBITDA and margin generation.

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Antamina is an independently operated asset, with BHP having a 33.75% of ownership. Together with the other shareholders, BHP is committed to supporting Antamina to be a successful and high performance operation, consistent with best industry practices and standards. In order to do so, BHP has a dedicated team supported by relevant subject matters experts who plays an active role on Antamina’s board and the various joint venture committees.

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Celebramos el 17 aniversario de Antamina

¡Con camaradería, cultura, alegría y hermandad celebramos nuestro 17 aniversario! Gracias a Norma, Christian, Dante, Etler y a todos por hacer de nuestra compañía la empresa que todos queremos.

Additional information

Antamina commenced production in 2001. In FY17 it produced ~400kt of Cu and ~260kt of Zn (100% share) as well as small amounts of molybdenum and lead/bismuth, and ~17MOz of silver as by product.

The mine owns all related infrastructure, including concentrate pipeline and port facilities.

Antamina makes a significant contribution to the National and Regional economy, accounting for 3% of the total corporate income tax base in 2016 and directly responsible for the employment if 2,800 workers (excluding contractors).

Antamina has been operating for more than 15 years without a major community conflict despite a challenging operating environment.


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