Académique Documents
Professionnel Documents
Culture Documents
2022 2023
AÑO
A -3 A -2
Mina Cerro Corona
Mineral t
Desmonte t
Tonelaje Total t
SR -
Leyes
Cu %
Au g/t
As ppm
Mina Coimolache
Mineral t
Desmonte t
Tonelaje Total t
SR -
Leyes
Cu %
Au g/t
Ag g/t
As ppm
Total
Mineral t
Desmonte t
Tonelaje Total t
SR -
Leyes
Cu %
Au g/t
Ag g/t
As ppm
2022 2023
A -3 A -2
Planta Concentradora Cerro Corona
Tratamiento t
Cu %
Au g/t
Concentrado Cu t
Cu %
Au g/t
Recuperación Cu %
Recuperación Au %
Tratamiento t
Concentrado Cu t
Cu %
Au g/t
Ag g/t
Recuperación Cu %
Recuperación Au %
Recuperación Ag %
40,000,000
35,000,000
30,000,000
25,000,000
Tonelaje
20,000,000
15,000,000
10,000,000
5,000,000
0
A1 A2 A3
5,000,000
0
A1 A2 A3
42,000,000
37,000,000
32,000,000
Tonel a je de mi neral
27,000,000
22,000,000
17,000,000
12,000,000
7,000,000
2,000,000
-3,000,000 25 26 27 28 29 30 31 32 33 34 35 36
20 20 20 20 20 20 20 20 20 20 20 20 2
Años de producci ón
1 2 3 4
35,000,000.00 35,000,000.00 35,000,000.00 35,000,000.00
95,000,000.00 95,000,000.00 95,984,039.83 95,000,000.00
130,000,000 130,000,000 130,984,040 130,000,000
2.71 2.71 2.74 2.71
Producción LoM
A1 A2 A3 A4 A5 A6 A7 A8 A9 A 10 A 11
Años
Años
27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43
20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20
Años de producci ón
5 6 7 8 9
35,000,000.00 35,000,000.00 35,000,000.00 35,000,000.00 38,339,125.00
97,291,577.71 95,000,000.00 95,000,000.00 98,933,366.07 93,535,408.09
132,291,578 130,000,000 130,000,000 133,933,366 131,874,533
2.78 2.71 2.71 2.83 2.44
Producción LoM
A9 A 10 A 11 A 12 A 13 A 14 A 15 A 16 A 17 A 18
Años
Años
10 11 12 13 14
42,000,000.00 42,000,000.00 42,000,000.00 42,000,000.00 41,999,999.96
88,000,000.00 88,000,000.00 48,938,611.76 50,510,576.96 45,506,855.20
130,000,000 130,000,000 90,938,612 92,510,577 87,506,855
2.10 2.10 1.17 1.20 1.08
1,417,063
0.30
0.82
21.00
50.63
70.70
86.90
1.00
0.90
0.80
0.70
0.60
0.50
% Cu
0.40
0.30
0.20
0.10
0.00
A 16 A 17 A 18 A 19
0.10
0.00
A 16 A 17 A 18 A 19
2039 2040 2041 2042 2043
A 15 A 16 A 17 A 18 A 19
15 16 17 18 19
42,000,000.00 41,999,977.14 42,000,000.00 42,000,000.00 42,000,000.00
35,794,193.15 34,059,866.87 37,540,119.87 29,218,485.67 44,112,826.07
77,794,193 76,059,844 79,540,120 71,218,486 86,112,826
0.85 0.81 0.89 0.70 1.05
Gran Total
58,860,873
32,091,478
90,952,351
0.55
0.36
0.54
20 21 Gran Total 17 18
42,000,000.00 15,099,553.72 795,438,656 654,339,102 42,000,000
43,857,987.30 6,980,598.75 1,413,264,513
85,857,987 22,080,152 2,208,703,169
1.04 0.46 1.78
Gran Total
42,000,000 15,099,554 854,299,529
43,857,987 6,980,599 1,445,355,991
85,857,987 22,080,152 2,299,655,520
1.04 0.46 1.69
Gran Total
63,042,940
Gran Total
42,000,000 15,099,554 795,438,656
27.00 27.00
6.53 6.53
155.83 155.83
85.00 85.00
50.00 50.00
60.00 60.00
795,438,657
19 20 21
42,000,000 42,000,000 15,099,555
VENTAS DE MINERAL
PARÁMETROS DE VENTA
2025 2026
AÑO
1 2
Pagables
Precio del Cu US$/lb 2.50 2.50
Precio del Ag US$/oz 19.00 19.00
Precio del Au US$/oz 1,250.00 1,250.00
CERRO CORONA
Selling Costs
Selling Cost Cu US$/lb 0.65 0.65
Selling Cost Au US$/oz 73.89 73.89
Precios Neto
Precio de Cu Neto US$/lb 1.85 1.85
Precio de Au Neto US$/oz 1,176.11 1,176.11
Concentrado de Cobre
Ley neta Cu % 21.00 21.00
Ley Neta Au g/t 26.85 29.11
TANTAHUATAY
Selling Costs
Selling Cost Cu US$/lb 1.06 1.06
Selling Cost Ag US$/oz 2.08 2.08
Selling Cost Au US$/oz 111.84 111.84
Precios Neto
Precio de Cu Neto US$/lb 1.44 1.44
Precio de Ag Neto US$/oz 16.92 16.92
Precio de Au Neto US$/oz 1,138.17 1,138.17
Concentrado de Cobre
Ley neta Cu % 27.00 27.00
Ley Neta Ag g/t 155.83 155.83
Ley neta Au g/t 6.53 6.53
Conversion Factor
lb/t 2204.62
gr/oz 31.1035
Price Commodity
Cu_Price US$/lb 2.50
Au_Price US$/oz 1250.00
Ag_Price US$/oz 19.00
Payments
Cu % 96%
Au % 96%
Ag % 90%
Refining Cost
Cu US$/lb 0.080
Au US$/oz 7.00
Ag US$/oz 0.35
Selling Cost Cu
Concentrate Cu Gra % 21.00%
Moisture Concentra % 8.0%
Less metallurgical
deduction -
Deduction % 1.0%
Copper smelting (“T $/lb 0.26
Copper Refining (“ $/lb 0.080
Concentrate Transp $/lb 0.18
Cu Payment (deduct $/lb 0.100
1% Royalty $/lb 0.021
0.009 Adm and assays $/lb 0.009
Copper Selling Co $/lb 0.6510
Selling Cost Au
Au Refininig Charge $/oz 7.00
Au Payments (deduc $/oz 50.00
1% Royalty $/oz 11.930
4.96 Adm and assays $/oz 4.960
Gold Selling Cost $/oz 73.89
2032 2033 2034 2035 2036
8 9 10 11 12
Conversion Factor
lb/t 2204.62
gr/oz 31.1035
Price Commodity
Cu_Price US$/lb 2.50
Au_Price US$/oz 1250.00
Ag_Price US$/oz 19.00
Payments
Cu % 96%
Au % 91%
Ag % 91%
Refining Cost
Cu US$/lb 0.200
Au US$/oz 4.71
Ag US$/oz 0.45
Selling Cost Cu
Concentrate Cu Gra % 27.00%
Moisture Concentra % 8.0%
Less metallurgical
deduction -
Deduction % 1.0%
TC 165
Copper smelting (“T $/lb 0.28786
Copper Refining (“ $/lb 0.20000
Concentrate Transp $/lb 0.04361
Cu Payment (deduct $/lb 0.08850
0 Royalty $/lb 0.00000
0 Adm and assays $/lb 0.00000
Copper Selling Co $/lb 0.61997
Penalties
Penalty H2O - Incr $/dmt-conc 0.00
Penalty As - Base 0 $/dmt-conc 253.00
Estimation Total P $/lb paid 0.44
Selling Cost Au
Au Refininig Charge $/oz 4.71
Au Payments (deduc $/oz 107.13
0 Royalty $/oz 0.000
0 Adm and assays $/oz 0.000
Gold Selling Cost $/oz 111.84
Selling Cost Ag
Ag Refininig Charge $/oz 0.45
Ag Payments (deduc $/oz 1.63
0 Royalty $/oz 0.000
0 Adm and assays $/oz 0.000
Silver Selling Cost $/oz 2.08
2037 2038 2039 2040 2041
13 14 15 16 17
Alt 1 R1 237,925,019
Alt 5 R5 229,695,188
Alt 6 R6 242,723,979
Alt 10 R10 386,719,126
Alt 12 R12 291,963,798
Alt 14 R14 255,217,558
Alt 15 R15 39,943,173
relaveras inicial
Alt 1 59,727,273
Alt 5 59,727,273
Alt 6 59,727,273
Alt 10 59,727,273
Alt 12 59,727,273
Alt 14 59,727,273
Alt 15 59,727,273
AÑO 2022
A -3
Mina Cerro Corona
Mineral t
Mina Coimolache
Mineral t
total t
relave m3
relave acumulado m3
restante de presa m3
recrecimiento m3 14,931,818
rstante presa total m3
RELAVERA
RECRE_COD
FACTOR
capex relavera US$ 57,423,797
capex terrenos 6,860,423
AÑO 2022
A -3
Mina Cerro Corona
Mineral t
Mina Coimolache
Mineral t
total t
relave m3
relave acumulado m3
restante de presa m3
recrecimiento m3 14,931,818
RELAVERA
RECRE_COD
FACTOR
capex relavera US$ 60,680,995
capex terrenos 8,341,057
AÑO 2022
A -3
Mina Cerro Corona
Mineral t
Mina Coimolache
Mineral t
total t
relave m3
relave acumulado m3
restante de presa m3
recrecimiento m3 14,931,818
RELAVERA
RECRE_COD
FACTOR
capex relavera US$ 59,481,255
capex terrenos 11,753,687
AÑO 2022
A -3
Mina Cerro Corona
Mineral t
Mina Coimolache
Mineral t
total t
relave m3
relave acumulado m3
restante de presa m3
recrecimiento m3 14,931,818
RELAVERA
RECRE_COD
FACTOR
capex relavera US$ 57,423,797
capex terrenos 6,860,423
2023 2024 2025 2026
A -2 A -1 A1 A2
0 0 0 0
104,804,197 53,328,398 0 0
1,838,769 1,838,769
10,000,000 15,000,000
12,000,000 5,000,000
8,000,000 12,000,000
8,000,000
64,965,428 19,489,628
35,802,411 32,199,105
25,573,151 22,999,361
35,676,439 32,073,133
25,483,170 22,909,380
35,460,406 31,857,100
25,328,861 22,755,071
35,460,406 31,857,100
25,328,861 22,755,071
6,900,000 6,900,000
35,000,000 35,000,000
41,900,000 41,900,000
26,360,927 26,360,927
26,360,927 52,721,854
59,727,273 33,366,346 7,005,418
22,397,727 22,397,727 31,854,545
R5
3
0.16
86,135,696 86,135,696 80,459,959
10,290,635 10,290,635 14,635,570 12,806,124
6,900,000 6,900,000
35,000,000 35,000,000
41,900,000 41,900,000
26,360,927 26,360,927
26,360,927 52,721,854
59,727,273 33,366,346 7,005,418
22,397,727 22,397,727 29,863,636
R6
3
0.50
91,021,492 91,021,492 109,750,804
12,511,585 12,511,585 16,682,113 16,682,113
2023 2024 2025 2026
A -2 A -1 A1 A2
6,900,000 6,900,000
35,000,000 35,000,000
41,900,000 41,900,000
26,360,927 26,360,927
26,360,927 52,721,854
59,727,273 33,366,346 7,005,418
22,397,727 22,397,727 27,872,727
R1
3
0.35
89,221,882 89,221,882 99,822,453
17,630,531 17,630,531 21,940,217 21,940,217
6,900,000 6,900,000
35,000,000 35,000,000
41,900,000 41,900,000
26,360,927 26,360,927
26,360,927 52,721,854
59,727,273 33,366,346 7,005,418
22,397,727 22,397,727 29,863,636
R5
3
0.15
86,135,696 86,135,696 75,431,212
10,290,635 10,290,635 13,720,847 13,720,847
2027 2028 2029 2030
A3 A4 A5 A6
0 0 0 0
2,238,284 0 0 2,238,284
2,238,284 2,238,284
189,612,246 286,314,492
788,714,518 1,190,958,922 Alt 5
207,241,912 312,935,288 Alt 15
314,047,210 474,211,287
339,117,709 512,067,741
273,773,343 413,397,748
88,000,000 132,880,000
relaveras
Alt 5
Alt 15
Terrenos (US$)
Alt 5
Alt 15
2027 2028 2029 2030
A3 A4 A5 A6
R5 R5 R5 R5
3 3 3 3
0.14 0.14 0.14 0.14
70,402,464 70,402,464 70,402,464 70,402,464
12,806,124 12,806,124 12,806,124 12,806,124
0 0 0 0
60,000,000
60,000,000
9,147,231 0 0 0
Segundo
Inicial Primer Recrecimiento Recrecimiento
R5 229,695,188 502,874,743 360,318,812
R15 39,943,173 64,794,813
R5 R5 R5 R5
3 3 4 4
0.14 0.14 0.10 0.10
70,402,464 70,402,464 60,053,135 60,053,135
12,806,124 10,976,677 10,976,677 10,976,677
0 0 0 0
2,238,284
60,000,000
R5 R5 R5 R5
4 4 4 4
0.10 0.10 0.10 0.10
60,053,135 60,053,135 60,053,135 60,053,135
10,976,677 10,976,677 10,976,677 10,976,677
0 0 0 0
2,238,284 2,238,284
11,789,805 17,684,707 0 0
13,172,013 13,172,013 0 0
R5 R5 R5 R5
4 4 4 4
0.10 0.10 0.10 0.10
60,053,135 60,053,135 60,053,135 60,053,135
10,976,677 10,976,677 10,976,677
1,053,882 1,053,882 0
1,053,882 1,053,882
0 0 0
0 0 0
0
0 0 0 0
1,053,882 1,053,882 0
6,000,000
0 0 0 0
0
1,053,882 0 0 0
73,772
52,694
150,000,000 150,000,000 150,000,000
6,000,000
0
0
1,053,882 1,053,882 0
6,000,000
0 0 0 0
0 0 0
0 0 0 0
1,053,882 1,053,882 0 0
0 0
6,000,000
9,893,073
9,893,073
6,224,119
463,734,051
33,993,221
R5
2043
A 19
9,893,073
9,893,073
6,224,119
463,734,051
37,673,218
R14
4
0
0
2043
A 19
9,893,073
9,893,073
6,224,119
463,734,051
20,823,881
0
R6
4
0.00
0
0
2043
A 19
9,893,073
9,893,073
6,224,119
463,734,051
26,159,518
0
R5
4
0
0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
CAPEX INICIAL CAPEX SOSTENIDO
863,543,129 21,077,640
21,843,585 0
841,699,544 21,077,640
0 0
0 0
248,608,394 57,167,245
3,677,539 3,677,538
25,000,000 13,429,707
40,000,000 0
20,000,000 25,000,000
20,000,000 7,400,000
10,000,000 7,660,000
129,930,856 0
242,723,979 1,763,366,724
0 0 0 1,225,238,497
242,723,979 538,128,227
1,354,875,503 1,841,611,609
94,841,285 0
67,743,775 0
0 510,000,000
28,000,000 0
33,364,226 222,753,335
18,000,000 0
0 114,000,000
1,596,824,790 2,688,364,943
1,996,030,987 3,360,456,179
- -
0 0 237,925,019 1,355,578,495
- 780,852,207
- 104,737,986
237,925,019 469,988,303
0 0 1,350,076,543 1,432,769,498
- -
94,505,358 73,772
67,503,827 52,694
- 510,000,000
28,000,000 -
47,014,750 217,988,482
18,000,000 -
- 114,000,000
- -
0 0 1,605,100,478 2,274,884,445
- -
0 0 2,006,375,598 2,843,605,557
229,695,188 1,103,406,097
229,695,188 1,103,406,097
1,341,846,712 1,181,650,982
93,929,270 0
67,092,336 0
0 510,000,000
28,000,000 0
27,441,693 201,239,085
18,000,000 0
0 114,000,000
1,576,310,011 2,006,890,066
1,970,387,514 2,508,612,583
0 0 229,695,188 967,931,541
0 104,737,986
229,695,188 863,193,556
0 0 1,341,846,712 1,046,176,426
93,929,270 0
67,092,336 0
0 510,000,000
28,000,000 0
27,441,693 157,332,375
18,000,000 0
0 114,000,000
0 0 1,576,310,011 1,827,508,801
0 0 1,970,387,514 2,284,386,002
58,860,873
678,232,198
737,093,071
463,734,051
497,727,273
229,695,188 1,103,406,097
27,441,693 201,239,085
58,860,873
678,232,198
737,093,071
463,734,051
501,407,269
242,723,979 1,763,366,724
33,364,226 222,753,335
CAPEX TOTAL
884,620,769
21,843,585
862,777,184
0
0
305,775,639
7,355,077
38,429,707
40,000,000
45,000,000
27,400,000
17,660,000
129,930,856
2,006,090,703
1,225,238,497
780,852,207
3,196,487,112
94,841,285
67,743,775
510,000,000
28,000,000
256,117,561
18,000,000
114,000,000
4,285,189,733
5,356,487,166
-
1,593,503,514
780,852,207
104,737,986
707,913,322
2,782,846,041
-
94,579,130
67,556,521
510,000,000
28,000,000
265,003,232
18,000,000
114,000,000
-
3,879,984,923
-
4,849,981,154
1,333,101,285
1,333,101,285
2,523,497,694
93,929,270
67,092,336
510,000,000
28,000,000
228,680,778
18,000,000
114,000,000
3,583,200,077
4,479,000,097
1,197,626,730
104,737,986
1,092,888,744
2,388,023,138
93,929,270
67,092,336
510,000,000
28,000,000
184,774,069
18,000,000
114,000,000
3,403,818,812
4,254,773,515
CÁLCULO DEL OPEX
Año
Mina Mineral US$
Mina Desmonte US$
Mina US$
Procesos US$
G&A US$
OPEX TOTAL US$
Plantas de Procesos
Total Costo de Planta Cerro Corona US$
Costo Operativo US$/t
Mineral Tratado t
Total Costo de Planta Tantahuatay US$
Costo Operativo US$/t
Mineral Tratado t
G&A
G&A Cerro Corona US$
G&A US$/t
OPEX de G&A US$
G&A US$/t
Perforación
Voladura
Carguío
Acarreo Mineral
Mantenimiento
Gastos Generales
Perforación
Voladura
Carguío
Acarreo Desmonte
Empuje de Waste
Mantenimiento de Vías
Gastos generales
Otros
2025 2026 2027 2028
1 2 3 4
68,260,763 68,260,763 68,260,763 68,260,763
143,251,822 141,281,710 132,151,718 128,953,457
211,512,585 209,542,473 200,412,481 197,214,219
228,909,929 228,909,929 228,909,929 229,023,383
101,626,007 101,626,007 101,626,007 101,717,517
542,048,522 540,078,410 530,948,418 527,955,120
Costos de Acarreo
Mining Cost
Perforación, Voladura $/t 0.14
Carguio $/t 0.20
Acarreo 1 $/t 1.28
- Empuje PAD $/t 0.00
Mantenimiento de vias $/t 0.16
otros $/t
Carguio y acarreo-empuje top soil
gastos generales $/t 0.26
Mining Cost - Ore $/t 2.04
7,446,497 0 0 0
2.03 2.03 0.00 0.00
0.25 0.25
0.28 0.28
0.29 0.29
0.78 0.78
0.14 0.14
0.13 0.13
0.09 0.09
0.08 0.08
752,952 0 0 0
1.98 1.98 0.00 0.00
0.25 0.25
0.28 0.28
0.23 0.23
0.78 0.78
0.14 0.14
0.13 0.13
0.09 0.09
0.08 0.08
39,209,929 8,119,773 0 0
5.73 5.73 5.73 5.73
6,842,920 1,417,063 0 0
207,798,058 227,640,000 227,640,000 227,640,000
5.42 5.42 5.42 5.42
38,339,125 42,000,000 42,000,000 42,000,000
31,626,007 6,549,260 0 0
4.62 4.62 4.62 4.62
76,678,250 84,000,000 84,000,000 84,000,000
2.00 2.00 2.00 2.00
ok
ok
ok
2037 2038 2039 2040
13 14 15 16
70,213,740 70,213,740 70,213,740 70,213,702
65,559,450 59,064,944 46,458,539 44,207,496
135,773,190 129,278,684 116,672,279 114,421,198
227,640,000 227,640,000 227,640,000 227,639,876
84,000,000 84,000,000 84,000,000 83,999,954
447,413,190 440,918,684 428,312,279 426,061,029
0 0 0 0
0.00 0.00 0.00 0.00
0 0 0 0
0.00 0.00 0.00 0.00
0 0 0 0
5.73 5.73 5.73 5.73
0 0 0 0
227,640,000 227,640,000 227,640,000 227,639,876
5.42 5.42 5.42 5.42
42,000,000 42,000,000 42,000,000 41,999,977
0 0 0 0
4.62 4.62 4.62 4.62
84,000,000 84,000,000 84,000,000 83,999,954
2.00 2.00 2.00 2.00
Mining Cost
Mining Cost - Materia $/t 3.1908
0 0 0
0.00 0.00 0.00
0 0 0
0.00 0.00 0.00
0 0 0 0
5.73 5.73 5.73 5.73
0 0 0 0
227,640,000 227,640,000 227,640,000 227,640,000
5.42 5.42 5.42 5.42
42,000,000 42,000,000 42,000,000 42,000,000
0 0 0 0
4.62 4.62 4.62 4.62
84,000,000 84,000,000 84,000,000 84,000,000
2.00 2.00 2.00 2.00
25,242,765.32
1.67
0.12
0.18
0.17
1.06
0.14
9,060,364.04
1.30
0.12
0.18
0.17
0.61
0.08
0.14
0
5.73
0
81,839,581
5.42
15,099,554
0
4.62
30,199,107
2.00
146,341,818
9.69
9,272,727,991
DEPRECIACIÓN Y VALOR RESIDUAL, TANTAHUATAY
AÑO
INFRAESTRUCTURA
- - - - - -
22,969,519 22,969,519 30,512,640 38,055,761 45,598,882 53,142,003
7 8 9 10 11 12
367,754 367,754 - - - -
895,314 671,485 671,485 671,485 447,657 447,657
- - - - - -
2,200,000 1,200,000 - - - -
740,000 540,000 40,000 35,000 30,000 25,000
766,000 516,000 16,000 14,000 12,000 10,000
- - - - - -
52,528,629
- - - - - -
1,053,882 1,053,882 948,494 843,106 737,717 632,329
- - - - - -
- - - - - -
367,754 367,754 - - - -
895,314 671,485 671,485 671,485 447,657 447,657
- - - - - -
2,200,000 1,200,000 - - - -
740,000 540,000 40,000 35,000 30,000 25,000
766,000 516,000 16,000 14,000 12,000 10,000
- - - - - -
- 248,330,748
- - - - - -
526,941 421,553 316,165 210,776 105,388 5,796,351
- - - - - -
- - - - - -
- - - - - 367,754
447,657 223,828 223,828 223,828 - 4,028,912
- - - - - -
- - - - - 1,200,000
20,000 15,000 10,000 5,000 - 720,000
8,000 6,000 4,000 2,000 - 588,000
- - - - - -
- - - - - 19,438,444
21,619,129 14,412,752 7,206,376 - - 216,191,287
AÑO
ETADO DE GANANCIAS Y PÉRDIDAS PARA LA DETERMINACIÓN DE IMPUESTOS
Ventas US$
Valor Residual US$
Costos Operativos US$
UTILIDAD BRUTA US$
Depreciación y Amortización US$
UTILIDAD OPERATIVA US$
Margen Operativo %
Impuesto especial a la minería US$
Regalías US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA Y PARTICIPACIONES US$
Participación de los trabajadores US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA US$
Impuesto a la renta US$
UTILIDAD NETA US$
FLUJO DE CAJA
(+) Ventas US$
(+) Valor residual US$
(+) Recuperación del capital de trabajo US$
Total Ingresos US$
(-) Inversión Inicial US$
(-) Inversión Sostenimiento US$
(-) Capital de trabajo US$
(-) Costo Operativo US$
(-) Impuestos US$
Total Egresos
SALDO DE CAJA US$
SALDO DE CAJA ACUMULADO
FLUJO DE CAJA ACUMULADO US$
VALOR NETO PRESENTE 0%
5%
10%
15%
TASA INTERNA DE RETORNO %
Periodo de retorno Años
800,000,000
600,000,000
400,000,000
200,000,000
Saldo de Caja ($)
-
2022 2023 2024 2025 2026 2027 2028 2029
-200,000,000
-400,000,000
-600,000,000
-800,000,000
2,000,000,000
1,500,000,000
1,000,000,000
500,000,000
-
$
5 6 27 8 9 30 1
202 202 20 202 202 20 203
-500,000,000
-1,000,000,000
-1,500,000,000
-2,000,000,000
2022 2023 2024 2025
-3 -2 -1 1
934,753,855
542,048,522
392,705,333
133,303,192
259,402,141
27.75
9,338,477
10,376,086
239,687,578
19,175,006
220,512,572
57,333,269
163,179,303
-3 -2 -1 1
934,753,855
-
934,753,855
589,721,692 739,187,707 667,121,588
29,669,994
81,307,278
542,048,522
96,222,838
-589,721,692 -739,187,707 -667,121,588 -749,248,632
-589,721,692 -739,187,707 -667,121,588 185,505,223
-589,721,692 -1,328,909,399 -1,996,030,987 -1,810,525,764
3,517,132,491
3,517,132,491
1,109,235,076
-12,800,442
-572,074,713
9.92%
9.0
2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2
Años
9 30 1 2 3 4 5 6 7
202 20 203 203 203 203 203 203 203
Axis Title
Total de Ingres os Tota l Egres os
EVALUACIÓN ECONÓMICA, TANTAHUATAY
2026 2027 2028 2029
2 3 4 5
1,021,382,592 1,044,995,419 1,130,846,274 1,044,773,976
2 3 4 5
1,021,382,592 1,044,995,419 1,130,846,274 1,044,773,976
- - - -
6,000,000,000
4,000,000,000
-
034 2035 2036 2037 2038 2039 2040 2041 2042 2043
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
Acumul ado
5 6 7 8 9 0 41 2 3
203 203 203 203 203 204 20 204 204
os
NÓMICA, TANTAHUATAY
2030 2031 2032 2033
6 7 8 9
934,301,735 1,305,904,635 1,087,681,489 1,233,815,019
6,000,000,000
4,000,000,000
-
2 2043
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
41 2 3
20 204 204
2034 2035 2036 2037
10 11 12 13
1,154,425,084 1,028,889,858 1,259,034,387 1,130,200,378
IMPUESTOS UG
Regalías % 6.25
Impuesto especial a la % 4.63
minería
Impuestos a la renta % 26.00
Participación de los % 8.00
trabajadores
11,702,708 196,317,353
419,777,438 439,109,325
254,474,320 329,336,417
-685,954,466 -964,763,095
472,767,941 412,446,839
3,104,685,651 3,517,132,491
Impuesto Especial a la Minería
2.00
2.40
2.80
3.20
3.60
3.83
4.23
4.63
5.20
5.60
6.00
6.40
6.80
7.20
7.60
8.00
8.40
AÑO
ETADO DE GANANCIAS Y PÉRDIDAS PARA LA DETERMINACIÓN DE IMPUESTOS
Ventas US$
Valor Residual US$
Costos Operativos US$
UTILIDAD BRUTA US$
Depreciación y Amortización US$
UTILIDAD OPERATIVA US$
Margen Operativo %
Impuesto especial a la minería US$
Regalías US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA Y PARTICIPACIONES US$
Participación de los trabajadores US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA US$
Impuesto a la renta US$
UTILIDAD NETA US$
FLUJO DE CAJA
(+) Ventas US$
(+) Valor residual US$
(+) Recuperación del capital de trabajo US$
Total Ingresos US$
(-) Inversión Inicial US$
(-) Inversión Sostenimiento US$
(-) Capital de trabajo US$
(-) Costo Operativo US$
(-) Impuestos US$
Total Egresos
SALDO DE CAJA US$
SALDO DE CAJA ACUMULADO
FLUJO DE CAJA ACUMULADO US$
VALOR NETO PRESENTE 0%
5%
10%
15%
TASA INTERNA DE RETORNO %
Periodo de retorno Años
800,000,000
600,000,000
400,000,000
200,000,000
Saldo de Caja ($)
-
2022 2023 2024 2025 2026 2027 2028 2029 2030
-200,000,000
-400,000,000
-600,000,000
-800,000,000
2,000,000,000
1,500,000,000
1,000,000,000
500,000,000
-
$
-500,000,000
-1,000,000,000
-1,500,000,000
-2,000,000,000
-1,500,000,000
-2,000,000,000
EVALUA
2022 2023 2024 2025 2026
-3 -2 -1 1 2
934,753,855 1,021,382,592
542,048,522 540,078,410
392,705,333 481,304,182
133,303,192 133,408,580
259,402,141 347,895,602
27.75 34.06
9,338,477 13,324,402
10,376,086 16,525,041
239,687,578 318,046,160
19,175,006 25,443,693
220,512,572 292,602,467
57,333,269 76,076,641
163,179,303 216,525,825
-3 -2 -1 1 2
934,753,855 1,021,382,592
- -
934,753,855 1,021,382,592
592,307,845 743,066,936 671,000,817
36,242,623 161,020,689
81,307,278
542,048,522 540,078,410
96,222,838 131,369,777
-592,307,845 -743,066,936 -671,000,817 -755,821,261 -832,468,876
-592,307,845 -743,066,936 -671,000,817 178,932,594 188,913,716
-592,307,845 -1,335,374,781 -2,006,375,598 -1,827,443,004 -1,638,529,288
4,053,609,168
4,053,609,168
1,404,904,945
160,290,166
-466,010,472
11.00%
8.0
2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Años
Axis Title
Tota l de Ingres os Total Egres os
Axis Title
Tota l de Ingres os Total Egres os
EVALUACIÓN ECONÓMICA, TANTAHUATAY
2027 2028 2029 2030 2031
3 4 5 6 7
1,044,995,419 1,130,846,274 1,044,773,976 934,301,735 1,305,904,635
3 4 5 6 7
1,044,995,419 1,130,846,274 1,044,773,976 934,301,735 1,305,904,635
- - - - -
6,000,000,000
4,000,000,000
-
2037 2038 2039 2040 2041 2042 2043
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
2032 2033 2034 2035 2036
8 9 10 11 12
1,087,681,489 1,233,815,019 1,154,425,084 1,028,889,858 1,259,034,387
IMPUESTOS UG
Regalías % 6.25
Impuesto especial % 4.63
a la minería
11,702,708 196,475,435
419,777,438 439,109,325
254,474,320 374,614,667
-685,954,466 -1,010,199,427
472,767,941 443,576,775
3,610,032,393 4,053,609,168
Impuesto Especial a la Minería
2.00
2.40
2.80
3.20
3.60
3.83
4.23
4.63
5.20
5.60
6.00
6.40
6.80
7.20
7.60
8.00
8.40
AÑO
ETADO DE GANANCIAS Y PÉRDIDAS PARA LA DETERMINACIÓN DE IMPUESTOS
Ventas US$
Valor Residual US$
Costos Operativos US$
UTILIDAD BRUTA US$
Depreciación y Amortización US$
UTILIDAD OPERATIVA US$
Margen Operativo %
Impuesto especial a la minería US$
Regalías US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA Y PARTICIPACIONES US$
Participación de los trabajadores US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA US$
Impuesto a la renta US$
UTILIDAD NETA US$
FLUJO DE CAJA
(+) Ventas US$
(+) Valor residual US$
(+) Recuperación del capital de trabajo US$
Total Ingresos US$
(-) Inversión Inicial US$
(-) Inversión Sostenimiento US$
(-) Capital de trabajo US$
(-) Costo Operativo US$
(-) Impuestos US$
Total Egresos
SALDO DE CAJA US$
SALDO DE CAJA ACUMULADO
FLUJO DE CAJA ACUMULADO US$
VALOR NETO PRESENTE 0%
4%
10%
15%
TASA INTERNA DE RETORNO %
Periodo de retorno Años
800,000,000
600,000,000
400,000,000
200,000,000
Saldo de Caja ($)
-
2022 2023 2024 2025 2026 2027 2028 2029 2
-200,000,000
-400,000,000
-600,000,000
-800,000,000
2,000,000,000
1,500,000,000
1,000,000,000
500,000,000
$
-
5 6 7 8 9 0 1
202 202 202 202 202 203 203
-500,000,000
-1,000,000,000
-1,500,000,000
2022 2023 2024 2025
-3 -2 -1 1
934,753,855
542,048,522
392,705,333
132,000,313
260,705,020
27.89
9,385,381
10,428,201
240,891,439
19,271,315
221,620,124
57,621,232
163,998,891
-3 -2 -1 1
934,753,855
-
934,753,855
583,310,824 729,571,404 657,505,285
27,111,815
81,307,278
542,048,522
96,706,129
-583,310,824 -729,571,404 -657,505,285 -747,173,744
-583,310,824 -729,571,404 -657,505,285 187,580,111
-583,310,824 -1,312,882,229 -1,970,387,514 -1,782,807,403
4,112,233,360
4,112,233,360
1,859,322,700
237,755,681
-394,020,717
11.53%
8.0
6 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039
Años
9 0 1 2 3 4 5 6 7 8
202 203 203 203 203 203 203 203 203 203 2
Axis Title
2 3 4 5
1,021,382,592 1,044,995,419 1,130,846,274 1,044,773,976
- - - -
6,000,000,000
4,000,000,000
-
35 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
Acumul ado
6 7 8 9 0 1 2 3 4 5
203 203 203 203 204 204 204 204 204 204
os
NÓMICA, TANTAHUATAY
2030 2031 2032 2033
6 7 8 9
934,301,735 1,305,904,635 1,087,681,489 1,233,815,019
6,000,000,000
4,000,000,000
-
044 2045
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
3 4 5
204 204 204
2034 2035 2036 2037
10 11 12 13
1,154,425,084 1,028,889,858 1,259,034,387 1,130,200,378
IMPUESTOS UG
Regalías % 7.75
Impuesto especial a la % 5.60
minería
Impuestos a la renta % 26.00
Participación de los % 8.00
trabajadores
22 23 24 25
2050 2051 2052 2053
26 27 28 29
26 27 28 29
2054 2055 2056 2057
30 31 32 33
30 31 32 33
2058 2059 2060 2061
34 35 36 37
34 35 36 37
2062 2063 2064 2065
38 39 40 41
38 39 40 41
2066 2067 2068 2069
42 43 44 45
42 43 44 45
2070 2071 2072 2073
46 47 48 49
46 47 48 49
2074 2075 2076 2077
50 51 52 53
50 51 52 53
2078 2079 2080 2081
54 55 56 57
54 55 56 57
2082 2083 2084 2085
58 59 60 61
58 59 60 61
AÑO
ETADO DE GANANCIAS Y PÉRDIDAS PARA LA DETERMINACIÓN DE IMPUESTOS
Ventas US$
Valor Residual US$
Costos Operativos US$
UTILIDAD BRUTA US$
Depreciación y Amortización US$
UTILIDAD OPERATIVA US$
Margen Operativo %
Impuesto especial a la minería US$
Regalías US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA Y PARTICIPACIONES US$
Participación de los trabajadores US$
UTILIDAD ANTES DE IMPUESTO A LA RENTA US$
Impuesto a la renta US$
UTILIDAD NETA US$
FLUJO DE CAJA
(+) Ventas US$
(+) Valor residual US$
(+) Recuperación del capital de trabajo US$
Total Ingresos US$
(-) Inversión Inicial US$
(-) Inversión Sostenimiento US$
(-) Capital de trabajo US$
(-) Costo Operativo US$
(-) Impuestos US$
Total Egresos
SALDO DE CAJA US$
SALDO DE CAJA ACUMULADO
FLUJO DE CAJA ACUMULADO US$
VALOR NETO PRESENTE 0%
5%
10%
15%
TASA INTERNA DE RETORNO %
Periodo de retorno Años
800,000,000
600,000,000
400,000,000
200,000,000
Saldo de Caja ($)
-
2022 2023 2024 2025 2026 2027 2028 2029
-200,000,000
-400,000,000
-600,000,000
-800,000,000
2,000,000,000
1,500,000,000
1,000,000,000
500,000,000
-
$
5 6 27 8 9 30 1
202 202 20 202 202 20 203
-500,000,000
-1,000,000,000
-1,500,000,000
-2,000,000,000
2022 2023 2024 2025
-3 -2 -1 1
934,753,855
542,048,522
392,705,333
132,000,313
260,705,020
27.89
9,385,381
10,428,201
240,891,439
19,271,315
221,620,124
57,621,232
163,998,891
-3 -2 -1 1
934,753,855
-
934,753,855
583,310,824 729,571,404 657,505,285
25,968,411
81,307,278
542,048,522
96,706,129
-583,310,824 -729,571,404 -657,505,285 -746,030,340
-583,310,824 -729,571,404 -657,505,285 188,723,515
-583,310,824 -1,312,882,229 -1,970,387,514 -1,781,663,999
4,319,990,367
4,319,990,367
1,597,192,471
302,293,769
-356,775,942
11.91%
8.0
2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2
Años
9 30 1 2 3 4 5 6 7
202 20 203 203 203 203 203 203 203
Axis Title
Total de Ingres os Tota l Egres os
-583310824.098399 -729571404.456957 -657505285.182972 250115619.485388
S/. 470,363,963.50
EVALUACIÓN ECONÓMICA, TANTAHUATAY
2026 2027 2028 2029
2 3 4 5
1,021,382,592 1,044,995,419 1,130,846,274 1,044,773,976
2 3 4 5
1,021,382,592 1,044,995,419 1,130,846,274 1,044,773,976
- - - -
6,000,000,000
4,000,000,000
-
034 2035 2036 2037 2038 2039 2040 2041 2042 2043
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
Acumul ado
5 6 7 8 9 0 41 2 3
203 203 203 203 203 204 20 204 204
os
228749254.755713 254177557.202669 270706265.632022 274267607.361882
NÓMICA, TANTAHUATAY
2030 2031 2032 2033
6 7 8 9
934,301,735 1,305,904,635 1,087,681,489 1,233,815,019
6,000,000,000
4,000,000,000
-
2 2043
-2,000,000,000
-4,000,000,000
-6,000,000,000
-8,000,000,000
41 2 3
20 204 204
309684506.527999 393571019.494362 500284168.825144 522872968.483006
282324181.093319
2034 2035 2036 2037
10 11 12 13
1,154,425,084 1,028,889,858 1,259,034,387 1,130,200,378
500284168.825144
2038 2039 2040 2041
14 15 16 17
1,435,657,867 1,109,013,976 1,344,536,574 1,022,920,411
IMPUESTOS UG
Regalías % 7.00
Impuesto especial a la % 5.20
minería
Impuestos a la renta % 26.00
Participación de los % 8.00
trabajadores
11,702,708 196,317,353
419,777,438 439,109,325
284,733,869 361,302,084
-716,214,015 -996,728,761
442,508,392 380,481,173
3,939,509,195 4,319,990,367
Impuesto Especial a la Minería
2.00
2.40
2.80
3.20
3.60
3.83
4.23
4.63
5.20
5.60
6.00
6.40
6.80
7.20
7.60
8.00
8.40
-79326685.0466906 94533175.8644921
US$/TMS
OPEX 000 US$
tratado
Mina 3.66 3,141,649 3.66
Procesos 5.08 4,363,034 5.08
G&A 2.06 1,768,045 2.06
TOTAL 9,272,728 0.00
0.00
US$/TMS
OPEX MINA 000 US$
extraido US$/TMS extr
Mineral Cerro Corona 2.03 119,727 2.03
Mineral Tantahuatay 1.62 1,285,655 1.62
Total Mineral 1,405,382 0.00
Desmonte Cerro Corna 1.98 63,383 1.98
Desmonte Tantahuatay 1.30 1,834,326 1.30
Total Desmonte 1,897,709 0.00
Total Mineral y Desmonte 3.85 3,303,091 3.85
0.00
US$/TMS
OPEX PLANTA 000 US$
tratado US$/TMS trat
Planta Cerro Corona 5.73 361,236 5.73
Planta Tantahuatay 5.42 4,001,798 5.42
1,250
#VALUE! Precio Oro (US$/Oz)
120 Producción cobre (millones lb) 39,033
1,286 Ventas cobre (Millones US$) 21,395
1,405 Capital Inicial (Millones US$) 1,597
63 Capital Total (Millones US$) 4,285
1,834 OPEX (Millones US$) 9,273
1,898 Cash Cost (US$/lb Cu) 0.24
3,303 All In Cash Cost (US$/lb Cu) 0.35
0
#VALUE!
361
4,002 CAPEX 000 US$ TOTAL CAPEX INICIAL SOSTENIMIENTO
Construcción de Plataforma 21,843,585 0
Construcción de Planta 100 ktpd 841,699,544 21,077,640
Carretera CMC-CC (3 km) 3,677,539 3,677,538
Depósitos de Material Esteril 25,000,000 13,429,707
Obras iniciales 40,000,000 0
Ampliación de campamento 20,000,000 25,000,000
Ampliación de Taller de Mantenimiento 20,000,000 7,400,000
Oficinas adicionales 10,000,000 7,660,000
Energía 129,930,856 0
Relavera 14 0 1,225,238,497
Relavera 6 242,723,979 538,128,227
SUB TOTAL CAPEX DE INFRAESTRUCTU 1,354,875,503 1,841,611,609
EPCM 94,841,285 0
Costos Propietario 67,743,775 0
Cierre de mina 0 510,000,000
Estudios previos (EPF,EF,EIA) 28,000,000 0
Compras de Propiedad 33,364,226 222,753,335
Adelanto Social 18,000,000 0
Obras Apoyo Social 0 114,000,000
TOTAL 1,596,824,790 2,688,364,943
TOTAL
21,843,585
862,777,184
7,355,077
38,429,707
40,000,000
45,000,000
27,400,000
17,660,000
129,930,856
1,225,238,497
780,852,207
3,196,487,112
94,841,285
67,743,775
510,000,000
28,000,000
256,117,561
18,000,000
114,000,000
4,285,189,733
2.5
Precio Cobre ( US$/lb)
Precio Oro (US$/Oz) 1,250
Producción cobre (millones lb) 39,033
Ventas cobre (Millones US$) 21,395
Capital Inicial (Millones US$) 1,576
Capital Total (Millones US$) 3,583
OPEX (Millones US$) 9,273
Cash Cost (US$/lb Cu) 0.24
All In Cash Cost (US$/lb Cu) 0.33
TOTAL
884,620,769 CAPEX US$ CAPEX INICIAL
305,775,639 Planta Tantahuatay 863,543,129
1,333,101,285 Infraestructura 248,608,394
1,059,702,384 Relavera Opción 4 229,695,188
895,800,019 Otros 234,463,299
4,479,000,097 Contingencia (25%) 394,077,503
TOTAL 1,970,387,514