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Cerro Vanguardia Mine information


Cerro Vanguardia Mine
Location
Cerro Vanguardia Mine is located in Argentina
Cerro Vanguardia Mine
Cerro Vanguardia Mine
Location in Argentina
LocationPuerto San Julián
ProvinceSanta Cruz
CountryArgentina
Coordinates48°23′09″S 068°15′49″W / 48.38583°S 68.26361°W / -48.38583; -68.26361
Production
ProductsGold
Silver
ProductionGold: 208,000 oz
Silver: 2,200,000 oz
Financial year2009
History
Opened1998
Owner
CompanyAngloGold Ashanti 92.5%
Formicruz 7.5%
WebsiteAngloGold Ashanti website
Formicruz website

The Cerro Vanguardia Mine is a gold and silver mine located 150 km north west of Puerto San Julián, in the Santa Cruz province of Argentina. It is majority-owned and operated by AngloGold Ashanti, which holds a 92.5% interest in the mine [1]. The remaining 7.5% are owned by Formicruz (Fomento Minero de Santa Cruz Sociedad del Estado), a company owned by the province of Santa Cruz.[1]

In 2008, the mine contributed 3% to the company's annual production and employs in excess of 1,000 people. The Cerro Vanguardia mine consists of a number of small open pits.[1]

Geologically the mine lies in Deseado Massif, an area known for its valuable gold deposits.[2]

  1. ^ a b AngloGold Ashanti: Country report Argentina Archived 2012-03-03 at the Wayback Machine accessed: 14 July 2010
  2. ^ Echavarría, Leandro E.; Shalamuk, Isidoro B.; Etcheverry, Ricardo O. (2005). "Geologic and tectonic setting of Deseado Massif epithermal deposits, Argentina, based on El Dorado-Monserrat". Journal of South American Earth Sciences. 19 (4): 415–432. doi:10.1016/j.jsames.2005.06.005.

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