Cerro Blanco

Project Phase: 

Despite receiving an exploitation licence in 2007, the Cerro Blanco project faced repeated technical and engineering difficulties preventing production. In 2013 Goldcorp suspended mining operations at the Cerro Blanco site. In 2017, Bluestone Resources Inc. purchased the mine, undertaking new feasibility studies and engineering work. In 2021, it published a new feasibility study proposing a change from subterranean to open pit mining. In October 2021 it was preparing to submit a new Environmental Impact Assessment to obtain approval to redevelop and significantly expanded the project, aiming to be in production by 2024.

Exploration Start Date: 
1996
Exploitation Start Date: 
Licence issued in 2007, but exploitation not initiated as of October 2020
Extraction Type: 
Subterranean
Country: 
Guatemala
Natural Resource: 
Gold
Silver
Municipality, Department: 
Asunción Mita, Jutiapa
Region: 
Central America
Reports: 
References: 

Bluestone Resources Inc., "Bluestone Resources to Acquire Cerro Blanco Project from Goldcorp Inc.", 11 January 2017, online: http://www.marketwired.com/press-release/bluestone-resources-to-acquire-cerro-blanco-gold-project-from-goldcorp-inc-tsx-venture-bsr-2187913.htm, accessed 17 July 2018.

Bluestone Resources Inc., "Bluestone Resources Commences Feasibility Study on Cerro Blanco Project in Guatemala", dated 18 September 2017, online: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1305-tsx-venture/bsr/36326-bluestone-resources-commences-feasibility-study-on-cerro-blanco-project-in-guatemala.htm, accessed 17 July 2018.

Bluestone Resources Inc. and JDS Energy and Mining Inc., “Feasibility Study, NI 43-101 Technical Report Cerro Blanco Project Guatemala", dated 14 January 2019, online: https://bluestoneresources.ca/cerro-blanco-project/feasibility-study-report/, accessed 8 October 2020.

Carbonell, M. H., "Cerro Blanco: Guatemala, on the border with El Salvador and Honduras EJOLT Factsheet", No. 005, p. 3, dated 2014, online: http://www.ejolt.org/2015/01/gold-silver-mining-cerro-blanco-guatemala-el-salvador-honduras/, accessed 13 August 2020.

Centre of Independent Media, "La mina Cerro Blanco: Un proyecto fallido y desastroso", dated 14 December 2014, online: https://cmiguate.org/la-mina-cerro-blanco-un-proyecto-fallido-y-desastroso/, accessed 13 August 2020.

Centre of Independent Media, "Temor ante adquisición de fallido proyecto minero Cerro Blanco", dated 4 June 2017, online: https://cmiguate.org/temor-ante-adquisicion-de-fallido-proyecto-minero-cerro-blanco/, accessed 13 August 2020.

Herbert Ardon, "Explotación minera en el Departamento de Jutiapa 'Mina Cerro Blanco'", dated 4 August 2017, online: https://www.slideshare.net/MarySalvador0030/explotacion-minera-cerro-blanco-jutiapa, accessed 17 July 2018.

JDS Energy and Mining Inc., "Preliminary Economic Assessment Technical Report for the Cerro Blanco Project, Guatemala", dated 2 June 2017, online: https://www.miningdataonline.com/reports/CerroBlanco_PEA_03202017.pdf, accessed 13 August 2020.

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