January 17, 2023, 20:44 PM
January 17, 2023, 20:44 PM
Potosí does not stop surprising. The Vice Minister of Mining Policy, Winston Medrano, was optimistic about the preliminary results that confirm that the Alcira mine, in Tacobamba near Betanzos, It has a mining potential (silver) for at least 14 or 15 years.
The total income from the exploitation of the 171 million ounces of silver according to a preliminary study, it is estimated to be around $us 3,800 million in the 14 years of life that the deposit is estimated to last, about $270 million a year.
According to The Times, On January 9, the Canadian company reported the results of a Preliminary Economic Assessment Study (PEA) of the project called Silver Sand. The study was commissioned by AMC Mining Consultants, also Canadian, with support from Halyard Inc. and NewFields Canada Mining & Environment ULC.
Hector Cordovaa mining analyst, maintained that at the current price of $23 per ounce of silver, total revenues could add up to $3.8 billion,Although he clarified that production costs, royalties of 6%, taxes on profits of 37.5%, and taxes on foreign capital transfers of 12.5% must be deducted from this amount. .
The exploitation system will be open pit, similar to that of the San Cristóbal mine, since the mineral is dispersed on the surface.
In this context, Medrano indicated that it is necessary the participation of the Mining Corporation of Bolivia (Comibol), that will be in charge of delivering and limiting the areas to be exploited.
