News & Updates
PDAC 2014 Ferrobamba was present at this year’s PDAC mining convention with a booth and drill core from the Aymaraes Project. Ferrobamba received praise for its very succesful initial drilling campaign. Visitors were able to learn details of the conceptual study for developing a mining operation.
Agreement Signed with Tenova Ferrobamba has signed a cooperation agreement with Tenova to develop its iron ore mine in the Aymaraes region of Peru. The company has chosen Tenova HYL Micro Module technology in order to oversee the technological design and provide the equipment to develop and build a 500,000 t/y pelletization plant and a 250,000 t/y DRI high carbon DRI plant.
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environmental permits
Peruvian law requires the approval of an environmental study by the Ministry of Energy and Mines in order to be able to explore and or exploit a tenement. There are different types of studies according to the extent of the activities to be performed during the exploration and or exploitation.
On December 2012 Ferrobamba received the approval of a Declaration of Environmental Impact for Exploration (DIA) that allows the drilling of up 20 platforms.
Currently we are working on a Semi Detailed Environmental Impact Study for Exploration (EIAsd) that allows the drilling of unlimited platforms.