Type Public Industry Mining Revenue US$ 1.7 Billion (2009) Parent organization Freeport-McMoRan | Traded as BVL: CVERDEC1 Products Copper Founded 1970 | |
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Key people John Douglas Brack (CEO) Headquarters Phoenix, Arizona, United States | ||
Cerro Verde is a Peru-based mining company. Its activities include the extraction, exploitation and production copper from the porphyry copper deposit located southeast of the city of Arequipa. In addition, the company holds a copper sale agreement with Sumitomo Metal Mining, as well as a molybdenum sale contract with Climax Molibdenum Marketing Corporation.
Cerro Verde project is undergoing a major expansion in order to increase its concentrator facilities to 360,000 metric tons-per-day (mtd). Fluor Corporation is in charge of the construction management services for the said expansion.
Montgomery Watson y Harza (MWH) and Alto Cayma consortium supervised the construction and constructed respectively La Tomilla II drinking water plant, a social responsibility project through which potable water for residents of Arequipa in Perú is being produced and delivered.