Atlantic Pacific Mining Offers Timeline for Peru Mine.

May 16, 2012 - PRLog -- Atlantic Pacific Mining executive said the company expects to start production at its Conga gold mine in Peru in late 2014 or early 2015.
Atlantic Pacific Mining executive vice-president Mr. Hugo Hernandez said Atlantic Pacific Mining is still waiting, however, on $2.5bn-$3.5bn in investment to bring the project into production.
The low-cost Conga mine has reserves of about 12 million ounces of gold and some three billion pounds of copper.

Atlantic Pacific Mining executive vice-president went on to say “In the first five years of operation, the company expects to produce between 650,000oz and 750,000oz of gold, and between 160 million and 210 million pounds of copper a year.”
Hernandez told Reuters the company is exploring for gold around the Conga project, where they have hit upon several prospective targets.
Atlantic Pacific Mining also operates the Yinchino mine in southern Peru, one of Latin America's largest gold mines.

About Atlantic Pacific Mining: http://atlanticpacificmining.com

Atlantic Pacific Mining is a pioneering mineral exploration company focusing on resource exploration and development for gold, silver and Platinum Group Metals (PNG’s). Atlantic Pacific Mining as ideally positioned within Latin America to enable us to capitalize upon the immense undiscovered reserves situated throughout region.

Production of gold, silver and Platinum Group Metals in countries such as Chile, Peru, Brazil and Argentina has steadily grown in recently, lifting the region to be one of the major spheres of precious metal production.

Atlantic Pacific Mining’s management team is of the firm belief that a proactive approach yields much better results. Our collective 200 years of experience in exploration in the Americas, from the Atlantic in the East to the Pacific in the West, in highly specialized fields including geomorphic modeling, geo-chemical sampling and geo-mechanical engineering, is supported by decades of outstanding performance in business management.

Atlantic Pacific Mining is proud of our reputation as a highly responsible gold exploration and development company, both within the industry and the localities where we work. The company has maintained an exceptional level of commitment to exceeding the very highest levels of sustainability within the environment, as well as within the communities where we work.