Business · Companies · 6 hrs ago
Cerro de Pasco Resources wins bid for Peru's Quiulacocha tailings
Cerro de Pasco Resources says its Peruvian subsidiary has been awarded the Quiulacocha tailings in a public auction run by Activos Mineros, or AMSAC.
The tailings are stored at the Quiulacocha Tailings Storage Facility in Peru.
Tailings are material left over after minerals are processed, and the auction is for their economic reprocessing.
The award was made on October 12, 2026.
It is not yet final: the company must sign definitive agreements with AMSAC, which it expects to do in the coming days.
After those agreements are signed, the company expects to hold both the mineral and surface rights over the tailings.
It says these rights, together with its El Metalurgista concession, are expected to consolidate its rights in the area.
Cerro de Pasco Resources’ Peruvian subsidiary was awarded the Quiulacocha tailings in a public bidding process run by Activos Mineros.
The award was granted on October 12, 2026.
The tailings are held in the Quiulacocha Tailings Storage Facility and are intended for economic reprocessing.
The award remains subject to definitive agreements with AMSAC, which the company expects to execute in the coming days.
- Who
- Cerro de Pasco Resources del Perú S.A.C., a subsidiary of Cerro de Pasco Resources, was awarded the auction.
- What
- It won the public auction for the Quiulacocha tailings, intended for economic reprocessing.
- When
- The award was granted on October 12, 2026.
- Where
- Quiulacocha Tailings Storage Facility, Peru.
- Why
- AMSAC called the auction to transfer the tailings for economic reprocessing.
This story does not have two clearly opposing sides.
AMSAC called a public auction to transfer the Quiulacocha tailings for economic reprocessing.
AMSAC’s Sale Committee awarded the auction to Cerro de Pasco Resources del Perú S.A.C.
The company expected to execute definitive agreements with AMSAC.
- Award date
- October 12, 2026
- Auction
- Public Auction No. 001-2026-AMSAC
- Awarded subsidiary
- Cerro de Pasco Resources del Perú S.A.C.
- Auction authority
- Activos Mineros S.A.C. (AMSAC)
- Facility
- Quiulacocha Tailings Storage Facility
What people are saying
The Auction was called by AMSAC for the transfer of the tailings held in the Quiulacocha Tailings Storage Facility for their economic reprocessing.
Sources
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