Southern Peaks Mining (SPM) is a private company owned by management and funds advised by Global Natural Resource Investments (“GNRI”), founded in 2010. GNRI partners with top quality management teams to invest in niches within the global natural resources space, particularly upstream oil & gas, mining, and power, including renewables.
SPM is the first mining company in Peru to obtain a renewable energy certificate by using 100% renewable energy.
Condestable is an established underground copper producer in Peru, with an output of 23k tonnes of Cu equivalent in concentrate each year (with Au and Ag by-products). Following a 3 year, 350k meter, drilling and resource optimization programme, SPM expects a significant increase in NI 43 101 resources during 2021, which will allow for a 20% expansion in capacity by YE2021 and a further significant expansion by 2024 at its flagship asset.
Ariana is a fully permitted project, currently in early-stage construction. The hydrothermal skarn deposit contains Copper/Zinc mineralization with significant Au/Ag by-products.
C1 CASH COST 3Y AVG
US$ 1.72 / lbs
C1 CASH COST LOM