Minsur SA 2016 Annual Report with Sustainability Disclosures
The report highlights Minsur's operational and financial performance in 2016, emphasizing its commitment to safety and sustainability. The company consolidated its position as one of the safest mine operators in Peru, operating with zero fatal accidents for the seventh consecutive year. Key operational achievements included the implementation of the Ore Sorting pre-concentration technology at the San Rafael mining unit and the expansion of the niobium and tantalum flotation plant at Taboca. Financially, Minsur achieved an EBITDA margin of 50% and a net income of US$ 87.8 million, supported by improved commodity prices and cost-reduction strategies. Additionally, the company advanced its growth projects, including the B2 tailing reuse project and the Mina Justa copper project, into their feasibility stages.
Company: Minsur SA
Sector: Mining & quarrying
Country: Peru
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 103
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Minsur SA
Annual Report
The report highlights Minsur's operational and financial performance in 2016, emphasizing its commitment to safety and sustainability. The company consolidated its position as one of the safest mine operators in Peru, operating with zero fatal accidents for the seventh consecutive year. Key operational achievements included the implementation of the Ore Sorting pre-concentration technology at the San Rafael mining unit and the expansion of the niobium and tantalum flotation plant at Taboca. Financially, Minsur achieved an EBITDA margin of 50% and a net income of US$ 87.8 million, supported by improved commodity prices and cost-reduction strategies. Additionally, the company advanced its growth projects, including the B2 tailing reuse project and the Mina Justa copper project, into their feasibility stages.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 29, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees