SRK has been working on developing this iron ore mining project since mid-2013. The project, located in Peru, is owned by Jinzhao Mining Peru. Jinzhao’s detailed exploration work indicated that the project is amenable to open-pit mining. Recently, SRK completed a mine feasibility study using the IPCC system for ore production. The Pampa de Pongo project will produce 22.5 million tons of final product per year, corresponding to 36 million tons of run-of-mine, moving more than 280 million tons of ore plus waste in some years. This volume characterises it as one of the biggest mining projects currently under development in the world.
